Buy with Yoreevo
$4,416,337
List Price: $4,495,000
Share Listing
Save Listing
North 7th Street
Townhouse in Williamsburg •  building info
6bd • 6ba
Buy with Yoreevo

$4,416,337

List Price

$4,495,000

Description
Marcus & Millichap is pleased to present 97 North 7th Street, a rare opportunity to acquire a 22.5-foot-wide, three-story brick townhouse positioned on one of the most coveted blocks in all of Brooklyn, delivered completely vacant in the heart of Northside, Williamsburg. Configured as a three-family property with one ground-floor commercial space and three free-market residential units totaling 3,385 SF, this boutique townhome offers extraordinary flexibility, ideal for an owner-user seeking to occupy a full-floor unit or luxury duplex while collecting rental income from the remaining units or an investor looking to capitalize on significant day-one upside. The free-market residential units are delivered vacant and can achieve $6,500/month immediately, while condo pricing in this pocket of Northside Williamsburg has surpassed $2,000 per square foot just around the corner, making the $4,495,000 asking price of $1,328/SF an exceptionally compelling basis in one of Brooklyn's most liquid and land-constrained markets. Adding further appeal, annual real estate taxes are just $6,423, representing only 3% of effective gross income and providing a meaningful yield advantage relative to comparable Brooklyn assets. Situated steps from the intersection of North 7th Street and Wythe Avenue and two blocks from Bedford Avenue, residents enjoy immediate access to an unrivaled concentration of luxury retailers, including Hermès, Chanel, Lululemon, Patagonia, and Rolex; Michelin-starred dining at Lazer Wolf and Meadowsweet; marquee fitness concepts including Equinox and SoulCycle; and iconic hotel rooftops at The William Vale and The Hoxton, all while benefiting from seamless Manhattan connectivity via the N 6th Street NYC Ferry Landing, the Ⓛ train at Bedford Avenue, and multiple bus lines, cementing Williamsburg's status as the most transit-rich and retail-dense neighborhood in all of Brooklyn. 97 North 7th Street represents a truly irreplaceable opportunity to own a boutique, income-producing townhouse asset at the epicenter of Brooklyn's most sought-after neighborhood.

Hide full description

Building info

Buy your dream home with us and get an estimated
$78,663 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Marcus & Millichap Investment Services Inc