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Calling All Investors, Developers, & End-users!!! 100% Occupied 4 Unit Free Market Mixed-use Building In Williamsburg For Sale!!!the Property Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9' Ceilings, 2 Br. Apartment, (2) 3 Br. Apartments, Separate Meters, Low Property Taxes (only $5, 013), 200 Amp Power, All New Led Lighting, A/c, +++!!! The Property Is Located Close To The Bqe, Williamsburg Bridge And Mccarren Park & Pool!!! The Property Is Also Only 2 Blocks From Metropolitan Avenue!!! Neighbors Include Google, Nike, Ups, Dunkin', Walgreens, Mcdonald's, Orangetheory Fitness, Blink Fitness, +++!!! This Property Has Huge Upside Potential!!! This Opportunity Won't Last Long!!! This Property Would Make A Nice Addition To Your Investment Portfolio!!! Income: 1st Floor (2 Br., 2 Bath): $42, 000 Ann. Lease Exp.: 7/2024. 2nd Floor (3 Br., 2 Bath): $49, 200 Ann. Lease Exp.: 7/2024. 3rd Floor (3 Br., 2 Bath): $52, 800 Ann. Lease Exp.: 7/2024. Ll Spa: $28, 800 Ann. Lease Exp.: 8/2024. Gross Income: $172, 800 Ann. Expenses: Gas + Electric: $2, 860 Ann. (hallway & Basement Only) Water + Sewer: $2, 679 Ann. Insurance: $3, 829 Ann. Taxes: $5, 013 Ann. Total Expenses: $14, 381 Net Operating Income (noi): $158, 419 Ann.
Location/Town | Williamsburg |
Area/County | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $5,013.00 |
# Stories | 3 |
Year Built | 1899 |
Total Units | 4 |
Lot Size | 25x100 |
Lot SqFt | 2,500 |
Zoning | R6B |
Tax Lot | 40 |
Units | 4 |
Listing information courtesy of: All Island Estates Realty Corp |