46 Marcy Avenue
Brooklyn, NY 11211

Cross street:Hope Street

Building

Type:Townhouse
Era:Post-war
Floors:4

Property

Ownership: Multi-Family
Rooms: 24
Bedrooms: 1 BR
Bathrooms: 1
Pets: Pets Unknown

Financials

Price: $2,750,000
578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Brick & Mortar LLC

Description

Presenting an exceptional investment opportunity in North Williamsburg! A free-market, four-family brick building with a historic stoop, offered for sale for the first time in nearly 120 years, and being delivered fully vacant. Located in the most sought-after neighborhood, this well-maintained building represents a unique chance to invest in Williamsburg's dynamic market and own a piece of history. The asking price of $2,750,000 equates to $687,500 per unit. Each unit is a floor-through residence, offering generous living spaces with high ceilings. The ground-floor unit enjoys exclusive backyard access. This 20 x 45 feet building features exceptionally good bones, ceilings over 9 feet high, a concrete patio garden with a fig tree, and a large, clean cellar level, offering further potential for development. Strategic Positioning: Situated in prime Williamsburg, the building benefits from its proximity to top-rated restaurants, chic boutiques, multiple entertainment options, and parks, ensuring continuous demand and investment growth. Transportation: Ideally located within minutes of three different subway stations offering access to five subway lines (L, G, M, J, Z), ensuring unparalleled connectivity across New York City: - 8-min walk to Bedford Av L-train - 7-min walk to Marcy Av J, M, Z-trains - 5-min walk to Metropolitan Av G-train & Lorimer Av L-train With a 6.5% cap rate, this remarkable offering is sure to capture the attention of savvy investors looking to capitalize on the thriving Williamsburg market. Reach out today to learn more about this opportunity and schedule your viewing!

Amenities

Garden;

  • Garden
  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

Presenting an exceptional investment opportunity in North Williamsburg !


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.