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Multifamily

119 Berry Street

119 Berry St, Brooklyn, NY 11249

Listing Price: $2,200,000

Cap Rate
4.60%
Number of Units
12
GRM
12.49
Price/Unit
$183,333
Price/Gross SF
$419.05
Gross SF
5,250

Investment Overview

Marcus & Millichap is pleased to offer 119 Berry Street, a rare opportunity to acquire a boutique multifamily asset in the heart of North Williamsburg, one of Brooklyn’s most sought-after residential and retail corridors. The property consists of approximately 5,250 square feet across 12 residential units, offering investors a manageable scale with meaningful in-place and pro forma upside.

The building is currently 100% rent-stabilized.Positioned along Berry Street in the heart of Williamsburg, one of Brooklyn’s most sought-after mixed-use corridors, benefiting
from exceptional foot traffic, strong demographics, and sustained tenant demand. Surrounded by Global Luxury & Performance Retailers Immediate proximity to Williamsburg’s premier high-fashion and lifestyle retail corridor, with Hermès, Chanel, Lululemon, Nike and Veja all located a block away, underscores its status as a world-class shopping destination.

Investment Highlights

  • 119 Berry Street, built in 1900, is a 12-unit multifamily property, approx. 5,250 SF.
  • Tax Class: 2B| Zoning: R6B | $11,476 Annually
  • Steps from the Williamsburg waterfront and the Bushwick Inlet Park expansion, a transformative public investment that continues to elevate residential values and retail demand in North Brooklyn.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Michael Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Michael

    License(s): NY: 10301216098

    New York City

Financing By

Multifamily

119 Berry Street

Listing Price: $2,200,000

Cap Rate
4.60%
Number of Units
12
GRM
12.49
Price/Unit
$183,333
Price/Gross SF
$419.05
Gross SF
5,250

Investment Highlights

  • 119 Berry Street, built in 1900, is a 12-unit multifamily property, approx. 5,250 SF.
  • Tax Class: 2B| Zoning: R6B | $11,476 Annually
  • Steps from the Williamsburg waterfront and the Bushwick Inlet Park expansion, a transformative public investment that continues to elevate residential values and retail demand in North Brooklyn.

Investment Overview

Marcus & Millichap is pleased to offer 119 Berry Street, a rare opportunity to acquire a boutique multifamily asset in the heart of North Williamsburg, one of Brooklyn’s most sought-after residential and retail corridors. The property consists of approximately 5,250 square feet across 12 residential units, offering investors a manageable scale with meaningful in-place and pro forma upside. The building is currently 100% rent-stabilized.Positioned along Berry Street in the heart of Williamsburg, one of Brooklyn’s most sought-after mixed-use corridors, benefiting from exceptional foot traffic, strong demographics, and sustained tenant demand. Surrounded by Global Luxury & Performance Retailers Immediate proximity to Williamsburg’s premier high-fashion and lifestyle retail corridor, with Hermès, Chanel, Lululemon, Nike and Veja all located a block away, underscores its status as a world-class shopping destination.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Michael Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Michael

    License(s): NY: 10301216098

    New York City

Financing By

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