MultiFamily Property Listed at 94 Harrison Place Brooklyn

Matheos Realty Group has been retained to exclusively represent ownership in the sale of 94 Harrison Place, a three-story multifamily building with 6 residential units in the East Williamsburg neighborhood of Brooklyn.Located between Porter Ave & Knickerbocker, this 5,175 SF building sits on a 2,500 SF lot with M1-1 zoning. The property has 4 of 6 units leased and generates $135,268 in projected gross income and of approx. $93,724 in net operating income. Williamsburg, situated in northwestern Brooklyn, has a rich industrial heritage and contemporary culture that can be characterized by a mix of residential and industrial zones. Since the 1990s, Williamsburg has seen a gradual shift away from heavy manufacturing to a hub for artists and creative industries, contributing to the unique character of the neighborhood by providing a blend of live-work spaces. Italian and Puerto Rican immigrants make up a large portion of the neighborhood. The property has easy access to the L trains, along with several bus routes, allowing for quick transportation into Manhattan.