Share This Listing

Message

919 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

101-105 Havemeyer St, Brooklyn, NY 11211 103 Havemeyer St 36 Unit Apartment Building $32,354,724 CAD ($898,742 CAD/Unit) 4.61% Cap Rate Brooklyn, NY 11211

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 31,500 Sqft. 36 Unit Corner Mixed-Use Building In Williamsburg For Sale!!!
  • The Property Is Located In The Heart Of Williamsburg 1 Block Off I-278 & Just Minutes From The Williamsburg Bridge!!!
  • The Building Has 154 Feet Of Wrap-Around Frontage On Havemeyer Street & Hope Street!!!
  • The Building Features Excellent Signage, Great Exposure, M1-2/R6A/MX-8 Zoning, 21 Free Market Apartments, Restaurant, High 10' Ceilings, +++!!!
  • Neighbors Include Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, +++!!!
  • This Property Offers HUGE Upside Potential!!!

EXECUTIVE SUMMARY

Calling All Investors, Developers & End-Users!!! 31,500 Sqft. 36 Unit Corner Mixed-Use Building In Williamsburg For Sale!!! The Building Features Excellent Signage, Great Exposure, M1-2/R6A/MX-8 Zoning, 21 Free Market Apartments, Restaurant, 3 Commercial Units, High 10’ Ceilings, 6 Parking Spaces, 11 Stabilized Apartments, All New LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart Of Williamsburg 1 Block Off I-278 & Just Minutes From The Williamsburg Bridge!!! Neighbors Include Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, Walgreens, Dunkin’, Liberty Tax, Meineke Car Care Center, Trader Joe’s, McDonald’s, IHOP, +++!!! The Building Has 154 Feet Of Wrap-Around Frontage On Havemeyer Street & Hope Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Expenses:
Oil: $18,000 Ann.
Electric: $1,200 Ann. (Common Area Only)
Property Super: $12,000 Ann.
Insurance: $12,289 Ann.
Water & Sewer: $38,000 Ann.
Taxes: $240,350 Ann.
Total Expenses: $321,839 Ann.
Current Gross Income: $1,400,000 Ann.
Net Operating Income (NOI): $1,078,161 Ann.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $1,936,746 $81.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,936,746 $81.81
Taxes $332,498 $14.04
Operating Expenses $112,731 $4.76
Total Expenses $445,229 $18.81
Net Operating Income $1,491,517 $63.00

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $1,936,746
Annual Per SF $81.81
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,936,746
Annual Per SF $81.81
Taxes (CAD)
Annual $332,498
Annual Per SF $14.04
Operating Expenses (CAD)
Annual $112,731
Annual Per SF $4.76
Total Expenses (CAD)
Annual $445,229
Annual Per SF $18.81
Net Operating Income (CAD)
Annual $1,491,517
Annual Per SF $63.00

PROPERTY FACTS

Price $32,354,724 CAD
Price Per Unit $898,742 CAD
Sale Type Investment
Cap Rate 4.61%
No. Units 36
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 23,675 SF
Average Occupancy 100%
No. Stories 6
Year Built 1915
Parking Ratio 0.25/1,000 SF
Zoning M1-2R6A, MX-8 - Light Manufacturing Zoning District

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Storage Space
  • Maintenance on site
  • Public Transportation
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 33 - 600
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02384-0003
Land Assessment
$156,031 CAD
Improvements Assessment
$3,322,943 CAD
Total Assessment
$3,478,974 CAD
Annual Taxes
$332,498 CAD ($14.04 CAD/SF)
Tax Year
2025
  • Listing ID: 36584740

  • Date on Market: 2025-07-02

  • Last Updated:

  • Address: 103 Havemeyer St, Brooklyn, NY 11211

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}