First time on the market! An incredible opportunity to add this 15 unit mixed-use building to your investment portfolio. Located in a prime Williamsburg location. This five story, 14,375 Sq Ft building boasts 34 bedrooms, 15 baths, and 64 total rooms. Many of the units have been recently renovated, which also include new appliances for 6-7 of the units. Other renovations also include new roof, and new boiler, all done in the last four years. If you're looking for close proximity to Manhattan this location has it all. Buses and trains all within a short distance, and if you are commuting by car, the Williamsburg Bridge is just minutes away. Restaurants, bars, and shopping all throughout the area. Lots of potential and possibilities to add value to this gem. Don't miss out on this. Building: 25x105 (14,375). Lot: 25x120 (3,000). Zoning: R6. Year Built: 1910. Yearly Gross Income: $422,496.24. Yearly Net: $262,496.24. Property Taxes: $112,000. Yearly Expenses: $160,000. Rail Lines: J, M, G, L. Bus Lines: B39, B24, B60, B62, Q54, Q59, B46, B44-SBS, B44, B32.
First time on the market! An incredible opportunity to add this 15 unit mixed-use building to your investment portfolio. Located in a prime Williamsburg location. This five story, 14,375 Sq Ft building boasts 34 bedrooms, 15 baths, and 64 total rooms. Many of the units have been recently renovated, which also include new appliances for 6-7 of the units. Other renovations also include new roof, and new boiler, all done in the last four years. If you're looking for close proximity to Manhattan this location has it all. Buses and trains all within a short distance, and if you are commuting by car, the Williamsburg Bridge is just minutes away. Restaurants, bars, and shopping all throughout the area. Lots of potential and possibilities to add value to this gem. Don't miss out on this. Building: 25x105 (14,375). Lot: 25x120 (3,000). Zoning: R6. Year Built: 1910. Yearly Gross Income: $422,496.24. Yearly Net: $262,496.24. Property Taxes: $112,000. Yearly Expenses: $160,000. Rail Lines: J, M, G, L. Bus Lines: B39, B24, B60, B62, Q54, Q59, B46, B44-SBS, B44, B32.
Listing Courtesy of MadisonEstates Sothebys Realty