150 N 9th Street
Williamsburg, NY 11249

8 Family in Williamsburg's Prime Northside! Very Rare Investor's Opportunity! Located on North 9th St, right between Bedford Ave and Berry St, this property is only 3 blocks away from the waterfront, Marsha Johnson State Park and McCarren Park, 0.5 miles to East River Ferry, 2 blocks away from Bedford Ave L train station, and is surrounded by trendy shops, stores, supermarkets, restaurants, eateries and so much more. This frame 8 family building with legal basement office is the perfect investment property with healthy upside. With an NOI of $210,000 and rents below market this investment piece has great potential. Currently 7 of the 8 units are FREE MARKET with a single studio remaining on the first floor. All tenants have 1 year leases allowing for the building to be gradually vacated over a 12 month period. Building: 25 x 55 ft Lot: 25 x 100 ft Zoning: R6B FAR: 2.20; Max FAR: 2 Taxes: $9,201/Yr Great Investment Opportunity!