97 N 7th St 4 Unit Apartment Building $6,300,237 CAD ($1,575,059 CAD/Unit) 3.70% Cap Rate Brooklyn, NY 11249

Brick Four-Unit Building
North 7th Street is a prime 22.5-foot-wide, three-story brick townhouse configured as a four-unit property with one ground-floor commercial space and three free-market
residential units totaling 3,774 SF. This is a rare boutique townhome opportunity positioned in one of the most coveted blocks in all of Brooklyn.

Substantial Condo Sellout Potential
Investors can capture immediate upside in rental value day one, as the free market units are delivered vacant and can achieve $6,500/month in residential rent. Condo pricing in this pocket of Northside Williamsburg has achieved over $2,000 per square foot just around the corner. At $4,495,000 ($1,328/SF), the property is priced well below comparable condo sellouts in the immediate area, presenting a compelling basis in one of Brooklyn’s most liquid markets.

Premier Williamsburg Location
Situated in the heart of Northside Williamsburg next to the intersection of North 7th Street and Wythe Avenue, 97 North 7th Street places residents and tenants at the center of one of Brooklyn’s most electrifying live-work-play destinations. Just one block from Bedford Avenue, Brooklyn’s premier retail corridor. The property is surrounded by an extraordinary concentration of luxury and lifestyle brands, including Hermès, Chanel, Lululemon, Patagonia, and Rolex, alongside Michelin-starred dining at Aska and Meadowsweet, marquee fitness concepts like Equinox and SoulCycle, and iconic hotel rooftops at The William Vale and The Hoxton. For commuters, the property offers unmatched connectivity via the N 6th Street NYC Ferry Landing steps away, the l train at Bedford Avenue, and multiple bus lines making Midtown Manhattan accessible in minutes and cementing Williamsburg’s position as the most transit-rich and retail-dense neighborhood in all of Brooklyn.

Low Tax Bill
Annual real estate taxes are just $6,423, representing only 3% of effective gross income, a significant upside relative to comparable Brooklyn assets. This exceptionally low tax burden enhances overall yield for both investors and owner-users.

Live + Income Potential
The three-family layout offers rare flexibility for an owner-user looking to occupy a full-floor unit or duplex while collecting rental income from the remaining units a lifestyle opportunity virtually impossible to replicate in today’s market. The property is delivered completely vacant and move-in ready.