119 Berry Street — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11249

Investment Figures

Cap rate
4.60%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 119 Berry Street, a rare opportunity to acquire a boutique multifamily asset in the heart of North Williamsburg, one of Brooklyn’s most sought-after residential and retail corridors. The property consists of approximately 5,250 square feet across 12 residential units, offering investors a manageable scale with meaningful in-place and pro forma upside. The building is currently 100% rent-stabilized.Positioned along Berry Street in the heart of Williamsburg, one of Brooklyn’s most sought-after mixed-use corridors, benefiting from exceptional foot traffic, strong demographics, and sustained tenant demand. Surrounded by Global Luxury & Performance Retailers Immediate proximity to Williamsburg’s premier high-fashion and lifestyle retail corridor, with Hermès, Chanel, Lululemon, Nike and Veja all located a block away, underscores its status as a world-class shopping destination. Investment Highlights: • 119 Berry Street, built in 1900, is a 12-unit multifamily property, approx. 5,250 SF. • Tax Class: 2B| Zoning: R6B | $11,476 Annually

Market Context

This multifamily in Brooklyn, NY is listed for sale. It is offered at an approximate 4.6% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.

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