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Multifamily

56 Frost St

56 Frost St, Brooklyn, NY 11211

Listing Price: $6,650,000

Cap Rate
5.40%
Number of Units
8
GRM
14.29
Price/Unit
$831,250
Price/Gross SF
$1,074.49
Gross SF
6,189

Investment Overview

New York Multifamily at Marcus & Millichap is pleased to present 56 Frost Street in Williamsburg. 56 Frost Street is a turn-key 8-family property in one of the premier pockets of North Brooklyn. Located two blocks from one of the most popular parks in the city (McCarren Park), 56 Frost offers prospective tenants a uniquely situated home in the center of transit, retail and high-end residential. For investors, this is an opportunity to own a core-located, cash-flowing, gut-renovated block through multi-family building with zero rent regulations in the most desirable neighborhood in all of Brooklyn. If you, a broker, an investor, or anyone you know may be interested, please reach out to the deal team.

Investment Highlights

  • Fully Free-Market 8 Unit
  • Clear Upside in FM Rents
  • A+ Location | 2 Blocks from McCarren Park

Exclusively Listed By

Financing By

Multifamily

56 Frost St

Listing Price: $6,650,000

Cap Rate
5.40%
Number of Units
8
GRM
14.29
Price/Unit
$831,250
Price/Gross SF
$1,074.49
Gross SF
6,189

Investment Highlights

  • Fully Free-Market 8 Unit
  • Clear Upside in FM Rents
  • A+ Location | 2 Blocks from McCarren Park

Investment Overview

New York Multifamily at Marcus & Millichap is pleased to present 56 Frost Street in Williamsburg. 56 Frost Street is a turn-key 8-family property in one of the premier pockets of North Brooklyn. Located two blocks from one of the most popular parks in the city (McCarren Park), 56 Frost offers prospective tenants a uniquely situated home in the center of transit, retail and high-end residential. For investors, this is an opportunity to own a core-located, cash-flowing, gut-renovated block through multi-family building with zero rent regulations in the most desirable neighborhood in all of Brooklyn. If you, a broker, an investor, or anyone you know may be interested, please reach out to the deal team.

Exclusively Listed By

Financing By

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