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.
| MLS # | 885212 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 421 |
| Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
| SQ Feet | 31,500 |
|---|---|
| Basement | Y |
| Story(s) | 6 |
| Units | 36 |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating | Oil |
| Construction Materials | Brick, Frame |
|---|
| Utilities | Electricity Connected, See Remarks, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 2468250 |
| Tax Annual Amount | 269221.84 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11211 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11211 |