100 S 9th Street_待售物业
100 S 9th Street_待售物业
100 S 9th Street, Brooklyn, NY, 11249, US

100 S 9th Street

描述

JLL has been exclusively retained to arrange the fee simple sale of 100 South 9th Street (the “Property”), a newly constructed six-story, 48-unit multifamily building located in South Williamsburg, Brooklyn. The Property comprises 33,095 rentable residential square feet, a 2,304 square foot community facility, and 6 enclosed parking spaces. The asset will benefit from a 35-year 421a tax abatement, providing meaningful tax savings and supporting strong in-place cash flow. The residential unit mix consists of 33 fair market units averaging 727 square feet and 15 affordable units averaging 608 square feet, all designated at 130% of Area Median Income (AMI). The unit distribution is primarily composed of one and two-bedroom layouts, supporting strong absorption, stable occupancy, and broad tenant demand. The Property is well-located in the South Williamsburg submarket, one of Brooklyn’s most dynamic and transit-oriented residential neighborhoods. 100 South 9th Street is situated approximately 0.6 miles from the Bedford Avenue L train, 0.7 miles from the Metropolitan Avenue/Lorimer Street G and L trains, and 0.8 miles from the Marcy Avenue J/M/Z station, as well as 0.5 miles from the South Williamsburg NYC Ferry landing, providing convenient access to Manhattan and the greater New York City area.


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属性

Total RSF
35,495
Total Residential Units
48
Year Built
2025

媒体

投资亮点

Brand New 35-Year 421a Tax Abatement

The Property benefits from a brand new 35-year 421a tax abatement, generating approximately $14.8 million in net present value of tax savings and materially reducing operating expenses, supporting strong in-place cash flow and enhanced long-term returns.


Located in a High-Growth South Williamsburg Submarket

The Property is positioned within one of Brooklyn’s most dynamic neighborhoods, benefiting from continued residential and retail expansion that supports long-term rent growth and sustained tenant demand.


Uncapped Market Rent Growth Across Majority of Units

70% of the Property’s units are fair market and not subject to rent stabilization, allowing for full participation in market-driven rent growth within one of Brooklyn’s strongest performing rental submarkets.


Proximity to Transformational Kent Avenue Waterfront Development

Situated approximately 0.4 miles from Naftali Group’s Williamsburg Wharf, a large-scale mixed-use development expected to deliver over 850 residential units and ~150,000 square feet of retail and commercial space, driving population growth and retail activation in the immediate area.

100 S 9th Street 4_待售物业
100 S 9th Street 4_待售物业

联系经纪人

100 S 9th Street (0个物业)
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最后更新
2026年4月28日