Overview

161 Roebling Street offers the rare opportunity to acquire a turnkey multifamily property in the heart of Williamsburg, one of Brooklyn’s most vibrant and highly sought-after neighborhoods. The building is comprised of seven free-market apartments, providing investors with maximum flexibility and freedom from good cause eviction restrictions. With great light and air, newer construction and high-quality building systems, and no commercial exposure, the property offers investors a low-maintenance, institutionally appealing asset that is well positioned for long-term performance.

The property is fully leased and generates a strong in-place NOI, delivering immediate and reliable cash flow. With all units free market and several currently below market rent, projections show NOI growth from $400,000 to $460,000, creating a clear path for immediate upside.

Ideally positioned just steps from Williamsburg’s most celebrated dining and nightlife destinations—including Lilia, Peter Luger Steak House, Misi, and Cafe Mogador—as well as neighborhood attractions like Domino Park and McCarren Park, the property benefits from consistent tenant demand and long-term neighborhood momentum. Excellent transit connectivity via the L, G, J, M, and Z subway lines further enhances accessibility, making 161 Roebling a rare opportunity to acquire a stable, income-producing asset with strong built-in growth potential in one of New York City’s most dynamic submarkets.