Seller's Agent in 2021
Chris Cavorti
Corcoran Group
(914) 804-7091
25 in this area
84 Total Sales
The Forray Team @ the Corcoran Group is proud to offer on behalf of Ownership truly rare offering. Introducing the Picture Perfect 209 N8th Street situated one of the premier blocks in the North Side of Williamsburg. Currently set up as a stunning two level professional workspace perfect as a creative studio, professional space that also easily can accommodate higher uses such as F&B, Health & Wellness & Boutique Hotel. It is the very definition of the creative Williamsburg Loft vs Trophy Investment, much sought after, but hardly found. To add the overwhelming allure this has the zoning to be full residential, commercial or mixed use. On a premier block where 5,000SF single-family homes are found a truly unique and value add residential project is most certainly a reality. The existing two-story Loft boasts a massive open space with thoughtfully designed sections that provide character and dimension throughout the building. Filled with light and air, tall ceilings, open staircases, modern touches mixed with exposed brick walls and beamed ceilings. The current build out is perfectly polished and ready for use with full HVAC system, 2 Bathrooms, kitchen, conference rooms, loading dock with curb cut and direct roof access. Currently there is approx. 1,750 SF of direct roof access from the 2nd floor level. The building size is 3,275 SF above grade with 625 SF cellar and an additional ~3,322 SF FAR. The lot is ~2,500 SF measuring 25? wide x 100? deep. Tagged with a Max 2.7 FAR, which yields a development range of up to 6,750 SF. The Zoning is M1-2/R6A/MX-8 which provides the opportunity for full commercial use, mixed use or residential. The sky is the limit. Location is unmatched! The property is between Driggs Avenue & Roebling Street on North 8th Street, sitting in Williamsburg?s premier Residential & Retail Corridors. A block away to the L subway line on Driggs/Bedford Ave, McCarren Park, Domino Park, the East River Ferry, Waterfront and easy access to the Brooklyn-Queens expressway. Some of your neighbors include The Pod Hotel, Hotel Indigo, Apple, Whole Foods, WeWork, Citibank, Flywheel, Equinox, Ghost Fitness, & coming soon are Brooklyn Boulders, The Wing, Trader Joes? There are numerous new developments including hotel, residential, and commercial rising on a daily basis such as the Spitzer Development, 25 Kent Ave Project and Domino Sugar Project. More neighbors include: Starbucks, North Face, Joes Pizza, Juice Generation, Pinkyyotto, Toms, Sephora Studio, Madewell, Lulu Lemon, Shizen, J Crew, Chrome, Levis, G-Star Raw, Pure Barre, Soul Cycle, Supreme, Ralph Lauren.
Last Agent to Sell the Property
Corcoran Group License #10301206385 Listed on: 02/18/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bali Tsun Llc | $4,400,000 | -- | |
| Bali Tsun Llc | $4,400,000 | -- | |
| 209 North 8Th Street Llc | $850,000 | -- | |
| 209 North 8Th Street Llc | $850,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bali Tsun Llc | $2,640,000 | |
| Closed | Bali Tsun Llc | $2,640,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2021 12/09/21 | Sold | $4,400,000 | -8.3% | $1,344 / Sq Ft |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- |
| 02/18/2021 02/18/21 | For Sale | $4,800,000 | -- | $1,466 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $18,293 | $202,950 | $28,350 | $174,600 |
| 2024 | $18,293 | $197,100 | $28,350 | $168,750 |
| 2023 | $17,553 | $185,850 | $28,350 | $157,500 |
| 2022 | $16,791 | $169,650 | $28,350 | $141,300 |
| 2021 | $14,678 | $137,250 | $28,350 | $108,900 |
| 2020 | $302 | $173,700 | $28,350 | $145,350 |
| 2019 | $13,730 | $157,950 | $28,350 | $129,600 |
| 2018 | $12,282 | $142,650 | $28,350 | $114,300 |
| 2017 | $10,977 | $129,600 | $28,350 | $101,250 |
| 2016 | $9,907 | $115,650 | $28,350 | $87,300 |
| 2015 | $5,462 | $107,100 | $28,350 | $78,750 |
| 2014 | $5,462 | $89,100 | $28,350 | $60,750 |
Seller's Agent in 2021
Chris Cavorti
Corcoran Group
(914) 804-7091
25 in this area
84 Total Sales
E
Seller Co-Listing Agent in 2021
Evan Church
Corcoran Group
(212) 355-3550
42 in this area
67 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10700048
APN: 02313-0026
Ask me questions while you tour the home.