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42 Jackson St
Brooklyn, NY 11211
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Fully renovated mixed-use building with all residential units currently leased
- Uniform unit layouts for streamlined management
- Turnkey asset with minimal near-term capital requirements
- Four free-market one-bedroom apartments and one ground-floor commercial unit with basement
- Diversified residential and commercial income
- Located in East Williamsburg, a high-demand Brooklyn submarket
Executive Summary
42 Jackson Street is a fully renovated mixed-use building located in East Williamsburg, Brooklyn, offering a balanced combination of residential and commercial income in a high-demand North Brooklyn submarket.
The property consists of four free-market one-bedroom residential apartments and one ground-floor commercial space with a finished basement. All residential units are currently leased and feature individual split air conditioning and heating systems, providing tenant comfort and efficient management. The building is a walk-up and has been professionally renovated throughout.
The commercial unit spans approximately 1,650 square feet on the ground floor with an additional 814 square feet in the basement. The space is fully operational and built out for personal services or salon use, featuring six workstations, a dedicated nail room, one bathroom, four skylights providing natural light, and a kitchen. The basement level includes four hair-washing stations and additional functional workspace, creating an efficient and revenue-supportive layout.
East Williamsburg continues to attract strong residential and commercial demand due to its proximity to Williamsburg and Greenpoint, growing retail and dining options, and convenient access to Manhattan. This turnkey mixed-use asset offers in-place income, diversified revenue streams, and long-term hold potential in one of Brooklyn’s most active neighborhoods
The property consists of four free-market one-bedroom residential apartments and one ground-floor commercial space with a finished basement. All residential units are currently leased and feature individual split air conditioning and heating systems, providing tenant comfort and efficient management. The building is a walk-up and has been professionally renovated throughout.
The commercial unit spans approximately 1,650 square feet on the ground floor with an additional 814 square feet in the basement. The space is fully operational and built out for personal services or salon use, featuring six workstations, a dedicated nail room, one bathroom, four skylights providing natural light, and a kitchen. The basement level includes four hair-washing stations and additional functional workspace, creating an efficient and revenue-supportive layout.
East Williamsburg continues to attract strong residential and commercial demand due to its proximity to Williamsburg and Greenpoint, growing retail and dining options, and convenient access to Manhattan. This turnkey mixed-use asset offers in-place income, diversified revenue streams, and long-term hold potential in one of Brooklyn’s most active neighborhoods
Property Facts
| Price Per Unit | $1,199,765 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.89% | Lot Size | 0.04 AC |
| No. Units | 4 | Building Size | 4,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1928 |
| Zoning | R6 - Located in the Williamsburg neighborhood of Brooklyn between Jackson St and Skillman Ave near the Metropolitan ave - Lorimer St subway station. | ||
| Price Per Unit | $1,199,765 CAD |
| Sale Type | Investment |
| Cap Rate | 5.89% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,000 SF |
| No. Stories | 3 |
| Year Built | 1928 |
| Zoning | R6 - Located in the Williamsburg neighborhood of Brooklyn between Jackson St and Skillman Ave near the Metropolitan ave - Lorimer St subway station. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
Property Taxes
| Parcel Number | 02746-0025 | Improvements Assessment | $506,575 CAD |
| Land Assessment | $81,447 CAD | Total Assessment | $588,022 CAD |
Property Taxes
Parcel Number
02746-0025
Land Assessment
$81,447 CAD
Improvements Assessment
$506,575 CAD
Total Assessment
$588,022 CAD
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