Price Reduced 7.14%
Listing courtesy of Compass
Price History
$3,500,000
1/26/2026
$3,385,000
5/8/2026
$3,250,000
5/23/2026
42 Jackson Street, Brooklyn, (Williamsburg), NY, 11211
14 rooms
1928
42 Jackson Street-1031 Replacement Property | 6.34% In-Place Cap This turnkey investment property offers immediate in-place income in a high-demand North Brooklyn submarket near Williamsburg and Greenpoint. The building features a diversified income stream, consisting of four fully leased, free-market one-bedroom apartments and a ground-floor commercial space with a finished retail basement. The commercial unit spans approximately 1,000 square feet on the first floor and is currently built out for a salon or personal services use. All four residential units feature efficient layouts with individual split air conditioning and heating systems. With minimal near-term capital needs, this multi-family asset is a strong fit for investors and 1031 exchange buyers seeking stabilized income and long-term upside. Conveniently located with quick access to neighborhood amenities, dining, and public transportation.
Status:
Active
Town:
Brooklyn
Type:
Commercial
Laundry Remarks:
SeeRemarks
Zoning:
R6B
Building Type:
Low-Rise
Cooling:
Central
Levels:
3
Amenities:
Roof Deck;
Service Level:
Voice Intercom
Built Size:
33'x25'
OLR #:
RLS20071075
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2026 The Real Estate Board of New York, Inc., All rights reserved