Prime Williamsburg MultiFamily at 119 Berry Street
FOR SALE
$1,800,000
119 Berry Street, Brooklyn, NY 11249
5,250 SF
Square Feet
$343
PPSF
5.68%
CAP
Property Description
NOI
$102,296
Cap Rate
5.68%
- Prime Williamsburg corridor location steps from Bedford Ave retail and the waterfront
- Boutique scale asset: ~5,250 SF across 12 units—ideal for private investors or end users
- Meaningful in-place and pro forma upside from rolling off preferential rents
- Potential to grow from 4.6% current cap to ~6.4% pro forma cap
- Attractive basis at $419/SF in one of Brooklyn’s most in-demand neighborhoods
Property Details
Asset Type
MultiFamily
Zoning
R6B
Lot Size
2,500 SF
Neighborhood
Williamsburg
Submarket
Brooklyn
ZIP
11249
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$162,292
Debt Service Coverage Ratio (DSCR)
1.58x
Cap Rate
9.02%
Cash Flow (Annual)
$59,897
Cash-on-Cash Return
13.31%
Monthly Debt Service
$8,533
Annual Debt Service
$102,395
View on Map
Address
119 Berry Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
