Skip to main content

Multifamily

108 Calyer Street

108 Calyer St, Brooklyn, NY 11222

Listing Price: $5,950,000

Cap Rate
6.00%
Number of Units
8
GRM
13.63
Price/Unit
$743,750
Price/Gross SF
$847.58
Gross SF
7,020

Investment Overview

Marcus and Millichap are pleased to offer 108 Calyer Street, an exciting opportunity in the heart of Greenpoint, one of Brooklyn’s most desirable and rapidly evolving neighborhoods. 108 Calyer Street features eight fully occupied residential units across approximately 7,020 square feet, with a mix of free-market and rent-stabilized apartments providing a balanced and stable income stream. This well-maintained, fully occupied property combines immediate cash flow with upside through incremental rent growth, making it an excellent addition to any Brooklyn multifamily portfolio.

Investment Highlights

  • 108 Calyer Street, built in 1928, spans 4 stories and is comprised of 8 units, approx. 7,020 SF.
  • Tax Class 2B | Mix of 63% Free-Market units and 38% Rent-Stabilized
  • Prime location just steps from Greenpoint's bustling retail, restaurants, and waterfront parks.

Exclusively Listed By

Financing By

Multifamily

108 Calyer Street

Listing Price: $5,950,000

Cap Rate
6.00%
Number of Units
8
GRM
13.63
Price/Unit
$743,750
Price/Gross SF
$847.58
Gross SF
7,020

Investment Highlights

  • 108 Calyer Street, built in 1928, spans 4 stories and is comprised of 8 units, approx. 7,020 SF.
  • Tax Class 2B | Mix of 63% Free-Market units and 38% Rent-Stabilized
  • Prime location just steps from Greenpoint's bustling retail, restaurants, and waterfront parks.

Investment Overview

Marcus and Millichap are pleased to offer 108 Calyer Street, an exciting opportunity in the heart of Greenpoint, one of Brooklyn’s most desirable and rapidly evolving neighborhoods. 108 Calyer Street features eight fully occupied residential units across approximately 7,020 square feet, with a mix of free-market and rent-stabilized apartments providing a balanced and stable income stream. This well-maintained, fully occupied property combines immediate cash flow with upside through incremental rent growth, making it an excellent addition to any Brooklyn multifamily portfolio.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower