REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 23,388,000
Est. payment | /mo
5,000 Sqft Lot
$ 23,388,000
Est. payment | /mo
5,000 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 885212
Rental Info No
Year Built 1915
Annual Tax Amount $269,221
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Multi Family
Source onekey2
Property Description
Calling All Investors, Developers & End-Users!!! 31,500 Sqft. 36 Unit Corner Mixed-Use Building In Williamsburg For Sale!!! The Building Features Excellent Signage, Great Exposure, M1-2/R6A/MX-8 Zoning, 21 Free Market Apartments, Restaurant, 3 Commercial Units, High 10' Ceilings, Signalized Intersection, 6 Parking Spaces, 11 Stabilized Apartments, All New LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart Of Williamsburg 1 Block Off I-278 & Just Minutes From The Williamsburg Bridge!!! Neighbors Include Starbucks, Peter Luger's Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, Walgreens, Dunkin', Liberty Tax, Meineke Car Care Center, Trader Joe's, McDonald's, IHOP, +++!!! The Building Has 154 Feet Of Wrap-Around Frontage On Havemeyer Street & Hope Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Expenses:
Oil: $18,000 Ann.
Electric: $1,200 Ann. (Common Area Only)
Property Super: $12,000 Ann.
Insurance: $12,289 Ann.
Water & Sewer: $38,000 Ann.
Taxes: $240,350 Ann.
Total Expenses: $321,839 Ann.
Current Gross Income: $1,400,000 Ann.
Net Operating Income (NOI): $1,078,161 Ann.
Expenses:
Oil: $18,000 Ann.
Electric: $1,200 Ann. (Common Area Only)
Property Super: $12,000 Ann.
Insurance: $12,289 Ann.
Water & Sewer: $38,000 Ann.
Taxes: $240,350 Ann.
Total Expenses: $321,839 Ann.
Current Gross Income: $1,400,000 Ann.
Net Operating Income (NOI): $1,078,161 Ann.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Oil
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected, See Remarks, Sewer Connected
Building
Story 6
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • Richard Matt Shane
GET MORE INFORMATION
William Gomez
Real Estate Professional | License ID: 10401391422