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Brooklyn, NY, 11206 • Williamsburg • Kings County
$840/sqft
Down payment assistance available
16Beds
8Baths
7,500Sqft
1931Built
Character Home
Built 1931 · 95 years of history
Williamsburg
Williamsburg
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Listed 82 days ago · 287 views · 6 saves
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287 views
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82 days on market
Established listing
$840/sqft
Price per square foot
This home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1931 · Historic
99 & 101 Graham Avenue | 120 McKibbin Street Williamsburg, Brooklyn – Mixed-Use Investment Opportunity (ALL APARTMENTS ARE FREE MARKET) - Contact me for the set-up Located in the heart of Williamsburg, this rare mixed-use assemblage spans three contiguous 3-story buildings situated at 99 & 101 Graham Avenue and 120 McKibbin Street, occupying a 50’ x 100’ lot with strong frontage and excellent neighborhood visibility. The property sits at the intersection of residential demand, retail foot traffic, and long-term neighborhood growth. The asset consists of 8 free-market residential units and 2 ground-floor retail storefronts. All residential units are fully leased with lease terms in place through 2026, providing immediate income stability and predictable cash flow. The retail component is currently vacant, offering a compelling value-add opportunity through lease-up at market rents or repositioning to maximize NOI. The property generates $445,000 in annual income and is offered at a 6.3% cap rate, making it a strong yield play in one of Brooklyn’s most supply-constrained and high-demand submarkets. With free-market apartments and vacant retail, the building provides multiple paths to upside through rental optimization, retail activation, and long-term appreciation. Positioned along Graham Avenue—one of Williamsburg’s primary commercial corridors—the asset benefits from proximity to transit, dining, nightlife, and major employment hubs. The surrounding area continues to attract young professionals, creatives, and long-term residents, supporting durable rental demand and strong retail tenancy. This offering is well-suited for investors seeking stable cash flow today with meaningful upside tomorrow, whether through active management, retail lease-up, or long-term hold in a core Brooklyn location.
Based on current rates
Est. 6.87% rate · 30yr fixed · $5,040,000 loan
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2 schools rated nearby
Brooklyn, NY, 11206
1 event
11 years of records
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Brooklyn, NY • Kings County
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