Rare Williamsburg Investment Opportunity: 71-Unit Portfolio in Prime South Williamsburg

Discover a rare chance to acquire two adjacent pre-war 5-story walk-ups totaling 71 units in one of Brooklyn’s most sought-after rental corridors. Spanning 56,500 SF with a mix of 22 Free Market and 49 Rent-Stabilized units, this portfolio delivers strong in-place cash flow with immediate upside through free-market turnover and rent growth.

Key metrics: Asking $16.5M | Cap Rate 7.8% | GRM 8.8x | PPSF $292 — all below market for Williamsburg. With high occupancy, lean expenses, and overbuilt FAR (~4.5 vs. 2.43 R6), this is a rare opportunity for long-term investors seeking durable income, scale, and growth potential in one of Brooklyn’s strongest neighborhoods.

📍 Steps from the J/M/Z lines, between Hooper & Keap Streets, positioning tenants near transit, shops, and restaurants.