264 N 9th St
2 Unit Apartment Building $5,027,575 CAD ($2,513,788 CAD/Unit) Brooklyn, NY 11211
Investment Highlights
- Prime Williamsburg!
- Condos selling for over $1,500/SF in immediate vicinity!
- 6,750 BSF as of right or 9,000 BSF with IH/IH Certs!
Executive Summary
Back on the market: Introducing 264 N. 9th Street, a two-family in Prime North Williamsburg with a 450 SF above grade garage!
For developers, this 2,500 SF lot is in mixed-use zoning (R6A/M1-2/IH) with an as-of-right FAR of 2.7 (6,750 BSF) and an FAR of 3.6 (9,000 BSF) with the inclusionary bonus and/or purchase of inclusionary housing certificates.
For an end-user, this offers the opportunity to renovate and expand upon the existing two-family home and maintain the curb cut/garage in a neighborhood where it's exceedingly uncommon to have private parking.
The building has been lovingly maintained by the same family for decades and is one of the last opportunities in the area.
Feel free to reach out with questions about zoning, an architectural study about keeping the curb cut, or to set up a showing!
For developers, this 2,500 SF lot is in mixed-use zoning (R6A/M1-2/IH) with an as-of-right FAR of 2.7 (6,750 BSF) and an FAR of 3.6 (9,000 BSF) with the inclusionary bonus and/or purchase of inclusionary housing certificates.
For an end-user, this offers the opportunity to renovate and expand upon the existing two-family home and maintain the curb cut/garage in a neighborhood where it's exceedingly uncommon to have private parking.
The building has been lovingly maintained by the same family for decades and is one of the last opportunities in the area.
Feel free to reach out with questions about zoning, an architectural study about keeping the curb cut, or to set up a showing!
Property Facts Under Contract
Price | $5,027,575 CAD |
Price Per Unit | $2,513,788 CAD |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Units | 2 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 2,075 SF |
No. Stories | 2 |
Year Built | 1912 |
Parking Ratio | 1.45/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
3+1 | 2 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (93)
zoning
Zoning Code | R6A / M1-2 / IH (6,750 BSF as of right / 9,000 BSF with IH Certs) |