NOT LISTED FOR SALE
16 Beds
8 Baths
5,500 Sq Ft
2,500 Sq Ft Lot

Sale Details

Date Sold: May 26, 2022

Last sale price $4,712,500 $857 Per Sq Ft

112 Days on Market

Highlights

  • 0.06 Acre Lot
  • 3-minute walk to Bedford Avenue
  • Wood Flooring
  • Property is near public transit
  • Cathedral Ceiling
  • Park

About This Home

As of May 2022

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!

Last Agent to Sell the Property

Theo Eastwind

Capri Jet Realty Corp License #10301212398 Listed on: 09/15/2021

Last Buyer's Agent

Theo Eastwind

Capri Jet Realty Corp License #10301212398 Listed on: 09/15/2021

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,201

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Two or More Common Walls
  • Private Entrance
  • Back Yard Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 5,500 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 17 Henry D Woodworth Elementary School
  • JHS 50 John D Wells Middle School
  • Williamsburg Prep High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 17 / 2311
  • Assessor Parcel Number 02311-0017

Community Details

Overview

  • 8 Units

Recreation

  • Park

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,201

Year Built

Built in 1910

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Building Size: 25 x 55 ft
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-388-2188
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Basement: Full
  • Total Bedrooms: 16
  • Living Area: 5500.00
  • Kitchens: 8
  • Square Footage: 5500.00

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No
  • Fencing: Back Yard
  • Exterior Features: Private Entrance

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 50 John D Wells

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02311-0017
  • Zoning Description: R6B
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-05-26
  • Tax Annual Amount: 9201.00
  • Tax Block: 2311
  • Tax Lot: 17
  • Tax Map Number: 02311-0017

Multi Family

  • Units Total: 8
  • Separate Electric Meters: 8
  • Separate Gas Meters: 8

MLS Schools

  • Elementary School: Ps 17 Henry D Woodworth
  • High School: Williamsburg Prep School
  • Middle School District: Brooklyn 14

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Bought by

Purchase Details

Listed on
Sep 15, 2021
Closed on
May 24, 2022
Sold by
Bought by
Seller's Agent
Theo Eastwind
Capri Jet Realty Corp
Buyer's Agent
Theo Eastwind
Capri Jet Realty Corp
List Price
$5,600,000
Sold Price
$4,712,500
Premium/Discount to List
-$887,500
-15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Williamsburg, NY

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,500,000 --
$4,712,500 --
-- --
-- --
-- Security Title & Guaranty Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,900,000
Closed $2,211,591
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $4,712,500 -15.8% $857 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
09/15/2021 09/15/21 For Sale $5,600,000 -- $1,018 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,287 $1,070,100 $8,550 $1,061,550
2025 $10,457 $945,450 $8,550 $936,900
2024 $10,457 $886,950 $8,550 $878,400
2023 $9,506 $823,500 $8,550 $814,950
2022 $9,481 $823,050 $8,550 $814,500
2021 $9,201 $769,050 $8,550 $760,500
2020 $4,189 $841,500 $8,550 $832,950
2019 $8,114 $807,750 $8,550 $799,200
2018 $7,581 $59,607 $685 $58,922
2017 $7,581 $59,607 $796 $58,811
2016 $7,438 $57,697 $883 $56,814
2015 $4,619 $53,427 $982 $52,445
2014 $4,619 $49,491 $982 $48,509
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3345695

OneKey® MLS
Your Personal Tour Guide

Ask me questions while you tour the home.