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EXCLUSIVE OFFERING MEMORANDUM
SOUTH 9TH STREET75WWW.BRG-CRE.COM | 718.360.8801
BROOKLYN, NY 11249
The information provided herein has either been given to us by the owner of the property or was obtained from sources we deem reliable. We do not guarantee the accuracy of any information. All zoning, existing square feet of buildings, available buildable square feet, permitted uses or any other information provided herein must be independently verified. The value of any real estate investment is dependent upon a variety of factors including, but not limited to, income, vacancy rates, expense estimates, tax brackets and general market assumption, all of which should be evaluated by your tax advisor and/or legal counsel. Prospective buyer(s) should carefully verify each item of information herein; there can be no guarantee that the enclosed information is accurate or that the subject property will sell for the suggested asking price. The estimates and assumptions provided herein are based on the subject property containing no environmental contamination.
CONFIDENTIALITY & DISCLAIMER
Derek Bestreich718.360.8802
Luke Sproviero718.360.8803
Donal Flaherty718.360.8823
Hakeem Lecky718.360.8835
Corey Haynes718.360.1942
PROPERTY PHOTOS
OFFERING PRICE
$3,500,000
PROPERTY VALUATION
LISTING METRICS
25.42 ft x 121.67 ft IRRLot Dimensions Zoning
R6
2.2 7,524
$465
FAR Total Buildable SF
Price/BSF
Derek Bestreich718.360.8802
Luke Sproviero718.360.8803
Donal Flaherty718.360.8823
Hakeem Lecky718.360.8835
Corey Haynes718.360.1942
PROPERTY DESCRIPTION
Bestreich Realty Group (BRG) has been exclusively retained to sell 75 South 9th Street (Block: 02136, Lot: 0031) located between Wythe Avenue and Berry Street in the Williamsburg section of Brooklyn. The property features 4 units, currently occupying with month to month tenants and offers 3,786 square feet of additional air rights. The property is built 24.67 ft x 45 ft, with a 24 ft x 17 ft extension on the ground floor, offering approximately 3,738 square feet. The irregular lot measures 25.42 ft x 121.67 ft and is zoned R6. With a max FAR of 2.2, the property offers approximately 7,524 buildable square feet, allowing a developer to add an additional 4 units.
This property is located near the J and M subway lines and the South Williamsburg Ferry, offering quick and easy access to Manhattan. 75 South 9th Street is within walking distance to an array of strong retail along Broadway and is near the waterfront. With quick access to Manhattan, it has gained favor among renters hoping to live in the boroughs. Williamsburg is rapidly becoming one of the most sought after real estate markets for both retail and residential focused investors. The subject offering provides a new owner with the opportunity to acquire a building with additional air rights in a desirable neighborhood.
Subway stations within 5-10 min walk
9 minute (0.5 miles) walk to
TRANSPORTATION
Derek Bestreich718.360.8802
Donal Flaherty718.360.8823
Luke Sproviero718.360.8803
Hakeem Lecky718.360.8835
For more information about this exclusive listing, please contact:
brg_cre BRG | Bestreich Realty Group
Corey Haynes718.360.1942