Description

4-Unit Mixed-Use Multi-Family in Williamsburg 4.3%+ Cap Potential
Built in 1910, this rarely available 20-foot-wide building is four stories tall and is currently configured as three floor-through apartments, each with three bedrooms and one bathroom. There is one commercial retail space that easily converts to a boutique, restaurant, doctor's office, dispensary or cafe. The property is vacant, and the residences are free market and have their own electrical meters. Located 10 minutes from Manhattan via the G, M, L, J and Z subway trains. 2 minutes from prime Williamsburg. Near great restaurants, shops, and more.
Ideal for condo conversion or maintaining as an income producing rental property. The lot is approximately 20.33 ft x 76.42 ft. Approximate square footage is 5,285.
Approx. Monthly Rent Roll in Current Configuration:
$5000+ (Commercial/retail space) Unit 1
$3250+ (3BR & 1 Bath) Apt. 1 Currently configured as a photo studio
$3350+ (3BR & 1 Bath) Apt. 2
$3450+ (3BR & 1 Bath) Apt. 3
All showings are by appointment. 24 hour notice requested.
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Unit Features

Pet Policy: No pets

$3,795,000

Listed on Jun 17, 2021

45 Days on Market

9 Beds / 4.0 Baths / - ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $10,309

Exclusively listed with: The Corcoran Group Source: RLS

Michael
Smith

michael.smith@corcoran.com

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Marko
Arsic

marko.arsic@corcoran.com

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Listing Courtesy of The Corcoran Group View Listing

Unit listing history

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