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Mixed-Use

106 President St

106 President St, Brooklyn, NY 11231

Listing Price: $3,400,000

Cap Rate
4.48%
Number of Units
9
Occupancy
1.0%
Price/Unit
$377,778
Price/Gross SF
$566.67
Gross SF
6,000

Investment Overview

Marcus & Millichap is pleased to offer 106 President Street, located between Columbia Street and Hicks Street in the Columbia Street Waterfront District section of Brooklyn, New York. The subject property is a four-story multi-family building that consists of one retail unit, one studio four 1-Bedroom apartments, three 2-Bedroom apartments. The property is built 25 ft x 60 ft and sits on a 25 ft x 100 ft lot with approximately 6,000 gross square feet. The property is zoned R6B (Block: 348, Lot:15) This property offers investors the opportunity to purchase a mixed-use building in good condition in the Columbia Street Waterfront District section of Brooklyn, New York.

Investment Highlights

  • Columbia Street Waterfront District Mixed Use Building Opportunity
  • Four Subway Stops into Manhattan | Short Walk to Subway Lines "F" and "G"
  • Five Free Market Apartments and Three Rent Stabilized Apartments
  • Building in Good Condition

Exclusively Listed By

Listing Price: $3,400,000

Cap Rate
4.48%
Number of Units
9
Occupancy
1.0%
Price/Unit
$377,778
Price/Gross SF
$566.67
Gross SF
6,000

Investment Highlights

  • Columbia Street Waterfront District Mixed Use Building Opportunity
  • Four Subway Stops into Manhattan | Short Walk to Subway Lines "F" and "G"
  • Five Free Market Apartments and Three Rent Stabilized Apartments
  • Building in Good Condition

Investment Overview

Marcus & Millichap is pleased to offer 106 President Street, located between Columbia Street and Hicks Street in the Columbia Street Waterfront District section of Brooklyn, New York. The subject property is a four-story multi-family building that consists of one retail unit, one studio four 1-Bedroom apartments, three 2-Bedroom apartments. The property is built 25 ft x 60 ft and sits on a 25 ft x 100 ft lot with approximately 6,000 gross square feet. The property is zoned R6B (Block: 348, Lot:15) This property offers investors the opportunity to purchase a mixed-use building in good condition in the Columbia Street Waterfront District section of Brooklyn, New York.

Exclusively Listed By

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