Contacts
Matrix Property Group
Property Details
- Property Type Multi-Family
- Property Size 4,500 SF
- Units 8
- Lot Size 2,500 SF
- Zoning R6
- # of Floors 4
- Property Tenancy Multi-Tenant
- Year Built 1920
- Date Updated Feb 19, 2025
Matrix Property Group is pleased to exclusively offer for sale 176 Meserole Street, an 8-unit, 4-story walk-up apartment building located between Humboldt Avenue and Graham Avenue in Williamsburg, Brooklyn—one of Brooklyn’s most desirable areas.
Offered for the first time in nearly 40 years, this meticulously maintained, turnkey, cash-flowing asset generates strong in-place income and presents value-add potential in the below-market units and a renovation strategy. The property benefits from a favorable 2B tax class, capping annual tax increases and ensuring long-term financial stability.
The building spans 4,500 square feet and consists of eight one-bedroom units, including six free-market units and two rent-stabilized units, both delivered vacant. Amenities include a common roof deck, free Wi-Fi, and laundry facilities in the basement at no extra charge. Recent renovations throughout the apartments feature updated kitchens and bathrooms, stainless steel appliances, upgraded fixtures, hardwood floors, a video intercom system with fob access, and a newly renovated building entryway.
The property sits on a 25' x 100' lot with 25' x 45' building dimensions and is zoned R6, offering 1,000 square feet of unused air rights. There is substantial potential to extend the building’s rear and reconfigure the existing units through a renovation strategy, increasing rentable square footage, with the possibility of de-regulation, subject to independent review.
176 Meserole Street is ideally located just a short walk from the L train station, providing easy access to Manhattan and other parts of Brooklyn. The property is also near popular destinations like Cooper Park, McCarren Park, and a vibrant selection of restaurants, bars, and nightlife, making it highly attractive to renters seeking both convenience and culture—a prime investment opportunity.
Reach out to the broker for more info on lease terms and amenities
Getting around
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96/100
Walk Score ®
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100/100
Transit Score ®
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93/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11206
- Market Brooklyn
Points of Interest
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Grand Street
0.29 miles
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Flushing Avenue
0.53 miles
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Hewes Street
0.58 miles
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Lorimer Street
0.59 miles
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Marcy Avenue
0.82 miles
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Bedford Av Subway Station L line
1.06 miles
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Dekalb Ave & Wycoff Ave - SW Corner
1.22 miles
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Kosciuszko Street
1.23 miles
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Dekalb Ave & Wycoff Ave - NW Corner
1.23 miles
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Dekalb Ave & Wycoff Ave - SE Corner
1.24 miles
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BP
0.45 miles
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Revel
0.71 miles
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Spirit
0.72 miles
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Sunoco
0.79 miles
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Bolla
0.88 miles
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Exxon
0.88 miles
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Tesla Supercharger
1.22 miles
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ChargePoint
1.38 miles
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Blink
2.67 miles
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Bus Charging Station
3.11 miles
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MMP Parking LLC
1.24 miles
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NYPD Brooklyn Tow Pound
2.02 miles
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FDNY Fleet Services
2.04 miles
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Cielo Garage
2.13 miles
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MTA NYCT Emergency Response Unit
2.17 miles
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Park Kwik
2.34 miles
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MPG
2.38 miles
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MTP Park
2.41 miles
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Central Parking System of New York, Inc.
2.43 miles
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Underhill Garage
2.44 miles
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New York Moore Hostel
0.35 miles
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42 Hotel
0.51 miles
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New York Loft Hostel
0.51 miles
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Hotel Bogart Street, Brooklyn
0.57 miles
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Hotel Indigo
0.66 miles
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Hotel Le Jolie
0.74 miles
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The Pod
1.00 miles
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McCarren Hotel & Pool
1.13 miles
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Condor Hotel
1.14 miles
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Hoxton
1.24 miles
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Beyond Natural Market
0.06 miles
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Bravo
0.25 miles
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Bravo Supermarket
0.28 miles
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Ozzie;s Fresh Marker
0.34 miles
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Brooklyn Harvest Market
0.43 miles
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C-Town
0.46 miles
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Foodtown
0.48 miles
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Walgreens
0.51 miles
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Sunac Natural Foods
0.62 miles
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Shop Fair
0.64 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Matrix Property Group
