42 Jackson St 4 Unit Apartment Building $3,500,000 ($875,000/Unit) 5.89% Cap Rate Brooklyn, NY 11211

42 Jackson Street is a fully renovated mixed-use building located in East Williamsburg, Brooklyn, offering a balanced combination of residential and commercial income in a high-demand North Brooklyn submarket.
The property consists of four free-market one-bedroom residential apartments and one ground-floor commercial space with a finished basement. All residential units are currently leased and feature individual split air conditioning and heating systems, providing tenant comfort and efficient management. The building is a walk-up and has been professionally renovated throughout.
The commercial unit spans approximately 1,650 square feet on the ground floor with an additional 814 square feet in the basement. The space is fully operational and built out for personal services or salon use, featuring six workstations, a dedicated nail room, one bathroom, four skylights providing natural light, and a kitchen. The basement level includes four hair-washing stations and additional functional workspace, creating an efficient and revenue-supportive layout.
East Williamsburg continues to attract strong residential and commercial demand due to its proximity to Williamsburg and Greenpoint, growing retail and dining options, and convenient access to Manhattan. This turnkey mixed-use asset offers in-place income, diversified revenue streams, and long-term hold potential in one of Brooklyn’s most active neighborhoods