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Property profile & analytics
FOR SALE
Investment properties

221 N 9Th St Brooklyn, NY 11211

6,738 SF 0.06 ac lot Built 1950
Entity Owned 12-yr Hold Free & Clear
Property ID
US63-0984267
Property summary
AI-generated overview

This exceptional Williamsburg, Brooklyn mixed-use property offers a rare investment opportunity. The 6,747 square foot building, constructed in phases (1950/2020), boasts four stories and seven units, including six luxury one-bedroom apartments and a ground-floor commercial space currently occupied by a cafe. The residential units, totaling 4,124 square feet, feature high-end finishes such as wide plank Northern Oak floors, floor-to-ceiling windows, in-unit laundry, and modern kitchens with White Carrera quartz countertops. Designed for maximum privacy, each floor houses two units with a shared semi-private elevator landing. Soundproofing measures include concrete between floors and cinder block exterior walls. The stunning commercial space (2,623 square feet) includes a fully built-out kitchen and bar, and a mezzanine. Building amenities include an elevator, a wooden decked rooftop, and meticulous maintenance. The property sits on a 2,500 square foot lot, zoned R6A/MX-8/M1-2, in a vibrant neighborhood near McCarren Park, the Bedford L train, and the East River waterfront. The asking price is $7,899,999. Building plans are available upon request, and the property can be delivered vacant. All information is deemed reliable but not guaranteed; prospective purchasers should conduct their own due diligence.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 6,738 SF
Lot 0.06 ac (2,500 SF)
Zoning code M12R6A
APN 02306-0027
UPID US63-0984267
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • pinkFROG cafe Cafe & Coffee Shop
  • Lavazza Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.77M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.93M
Owner & transaction history
Lc United 816 LLC · 12 yrs held
Lc United 816 LLC
since 2014
2 recorded transactions
2014
$2.9M
2011
$1.3M
Zoning & alternative use
M12R6A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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