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16-Unit New Construction Apartment Building
For Sale
Contact for pricing
Pending

219 Waterman St, Providence, RI 02906

New-construction apartments offer elevator service, rooftop space, and controlled key-fob entry near Wayland Square.

Property SizeContact for details
Days on Market144

Property Features for 219 Waterman St

General Information

Standard status Pending
Elevators Yes
Property subtype Multifamily

Additional Details

Multifamily Units 16

Amenities

rooftop deck
key fob entry
Listing Agency: NAI Advisors
Listed By: Bob Berle · License #RIREB.0019029
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Advisors

Investment Insights

Based on property information with market context.

This new-construction apartment property contains 16 units and includes an elevator, rooftop deck, and key-fob entry system. The combination of contemporary construction and resident-focused features provides a clear physical profile for multifamily ownership and operations.

The property is located at 219 Waterman St in Providence’s East Side, near Brown University and the Rhode Island School of Design. Whole Foods, shopping, and dining in Wayland Square are also nearby, placing the building within an established university and neighborhood retail setting.

Key Highlights

  • 16‑unit new‑construction apartment building
  • Elevator serving the property
  • Rooftop deck included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Auto Parts Store Storage Facility Cosmetic Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

2,185
Businesses Nearby

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New-construction apartments offer elevator service, rooftop space, and controlled key-fob entry near Wayland Square.
Where is this apartment building located?
The property is located at 219 Waterman St Providence, RI.
What are key features of this property?
This property features: 16‑unit new‑construction apartment building; Elevator serving the property; Rooftop deck included
(843) 367-0291 Call to check price and availability
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