Building
| Type: | Low-rise |
|---|---|
| Era: | Post-war |
| Floors: | 4 |
Property
| Ownership: | Income Property |
|---|---|
| Rooms: | 23 |
| Bedrooms: | Studio |
FinancialsPrice: $2,200,000
| Price: | $2,200,000 |
|---|
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1718-302-0900 Fax: +1718-228-3917 | |
| Courtesy of Douglas Elliman Real Estate | |
DescriptionOpportunity is Knocking!!! Rare find lifetime investment property in the heart of one of NYC's most sought after neighborhoods, Williamsburg!
This X-LG Rent Stabilized Mixed Use building is a 6 Family plus a store and offers tremendous upside potential!
Built 25 x 55, this 4 story Brick building has been in the same family for over 60 yrs and has been lovingly maintained throughout with a new Boiler & new Gas Pipes just recently installed in 2023.
All 6 residential apartments have a railroad layout, 5 of which are 2BR with an eat-in kitchen and a full bathroom and 1 apartment is a 1BR apartment. A Doctor's office is currently occupying the retail floor and there is a Finished basement!
The building offers 25 Feet of Frontage and is ideally located just one block from the bustling intersection of Grand St and Graham Ave. It is also super close to public transportation, and is walking distance to the highly revered McCarran Park or Williamsburg's hottest and trendiest bars, restaurants, and shopping.
One apartment and the commercial store will be delivered vacant at closing.
Perfect for Owners/Users or investors, Call for more details!
(floorpan is coming...)
Lot: 25 X 75 ft
Building: 25 X 55 ft
Building SF: 5500
Zoning: C4-4A
FAR: 2.93
MAX FAR: 4
Unused FAR: 2000SF
Taxes: $22,106/Yr
Current rent roll: $144,065/yr
Total Expenses: $39,377/yr
Amenities- Voice Intercom
- Walk-up
Neighborhood
Opportunity is Knocking!!! Rare find lifetime investment property in the heart of one of NYC's most sought after neighborhoods, Williamsburg!
This X-LG Rent Stabilized Mixed Use building is a 6 Family plus a store and offers tremendous upside potential!
Built 25 x 55, this 4 story Brick building has been in the same family for over 60 yrs and has been lovingly maintained throughout with a new Boiler & new Gas Pipes just recently installed in 2023.
All 6 residential apartments have a railroad layout, 5 of which are 2BR with an eat-in kitchen and a full bathroom and 1 apartment is a 1BR apartment. A Doctor's office is currently occupying the retail floor and there is a Finished basement!
The building offers 25 Feet of Frontage and is ideally located just one block from the bustling intersection of Grand St and Graham Ave. It is also super close to public transportation, and is walking distance to the highly revered McCarran Park or Williamsburg's hottest and trendiest bars, restaurants, and shopping.
One apartment and the commercial store will be delivered vacant at closing.
Perfect for Owners/Users or investors, Call for more details!
(floorpan is coming...)
Lot: 25 X 75 ft
Building: 25 X 55 ft
Building SF: 5500
Zoning: C4-4A
FAR: 2.93
MAX FAR: 4
Unused FAR: 2000SF
Taxes: $22,106/Yr
Current rent roll: $144,065/yr
Total Expenses: $39,377/yr
- Voice Intercom
- Walk-up
Neighborhood
Opportunity is Knocking !
DescriptionOpportunity is Knocking!!! Rare find lifetime investment property in the heart of one of NYC's most sought after neighborhoods, Williamsburg!
This X-LG Rent Stabilized Mixed Use building is a 6 Family plus a store and offers tremendous upside potential!
Built 25 x 55, this 4 story Brick building has been in the same family for over 60 yrs and has been lovingly maintained throughout with a new Boiler & new Gas Pipes just recently installed in 2023.
All 6 residential apartments have a railroad layout, 5 of which are 2BR with an eat-in kitchen and a full bathroom and 1 apartment is a 1BR apartment. A Doctor's office is currently occupying the retail floor and there is a Finished basement!
The building offers 25 Feet of Frontage and is ideally located just one block from the bustling intersection of Grand St and Graham Ave. It is also super close to public transportation, and is walking distance to the highly revered McCarran Park or Williamsburg's hottest and trendiest bars, restaurants, and shopping.
One apartment and the commercial store will be delivered vacant at closing.
Perfect for Owners/Users or investors, Call for more details!
(floorpan is coming...)
Lot: 25 X 75 ft
Building: 25 X 55 ft
Building SF: 5500
Zoning: C4-4A
FAR: 2.93
MAX FAR: 4
Unused FAR: 2000SF
Taxes: $22,106/Yr
Current rent roll: $144,065/yr
Total Expenses: $39,377/yr
Amenities- Voice Intercom
- Walk-up
Neighborhood
Opportunity is Knocking!!! Rare find lifetime investment property in the heart of one of NYC's most sought after neighborhoods, Williamsburg!
This X-LG Rent Stabilized Mixed Use building is a 6 Family plus a store and offers tremendous upside potential!
Built 25 x 55, this 4 story Brick building has been in the same family for over 60 yrs and has been lovingly maintained throughout with a new Boiler & new Gas Pipes just recently installed in 2023.
All 6 residential apartments have a railroad layout, 5 of which are 2BR with an eat-in kitchen and a full bathroom and 1 apartment is a 1BR apartment. A Doctor's office is currently occupying the retail floor and there is a Finished basement!
The building offers 25 Feet of Frontage and is ideally located just one block from the bustling intersection of Grand St and Graham Ave. It is also super close to public transportation, and is walking distance to the highly revered McCarran Park or Williamsburg's hottest and trendiest bars, restaurants, and shopping.
One apartment and the commercial store will be delivered vacant at closing.
Perfect for Owners/Users or investors, Call for more details!
(floorpan is coming...)
Lot: 25 X 75 ft
Building: 25 X 55 ft
Building SF: 5500
Zoning: C4-4A
FAR: 2.93
MAX FAR: 4
Unused FAR: 2000SF
Taxes: $22,106/Yr
Current rent roll: $144,065/yr
Total Expenses: $39,377/yr
- Voice Intercom
- Walk-up
Neighborhood
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.