Ideal Properties Group is pleased to offer the following opportunity in the booming Gowanus, Brooklyn neighborhood. 173 9th Street is located between Second and Third Avenue on 9th Street, and contains a gross square footage of 1,650. The buildings sit on a 25 x 100 lot (Block: 1002 Lot: 40 ). The property is zoned M2-1.
-This is a rare opportunity to own two buildings on one lot. Located in the beautiful neighborhood of Gowanus, very few properties trade ownership on this block. 173 9th Street is strategically located near PS 118, Washington State Park, as well as Prospect Park. In addition, this location is a short stroll to the R,G, and F train lines as well as the B61 & B37 buses. Demand is always higher than the supply.
Economies of Sale.
- 173 9th Street provides an investor to own a multi family property with three free market rentals. It also features significant in-place cashflow w/ the ability to add value to the real estate through renovations and full rental occupancy.