Rare Opportunity - Two Adjacent Brick Townhouses by Lorimer St L!!


Property

Website:https://www.nestseekers.com/427664
Address:
447-449 Keap Street
Brooklyn, NY 11211
Cross street:Ainslie St
Ownership: Mixed Use
Type: Mixed Use
Area: 7450 sq ft

Financials

Price: $4,700,000

Description

Own a piece of Old Brooklyn on a quiet street in New Williamsburg!

These side-by-side townhouses feature beautiful brick facades, nostalgic Brooklyn details and trim, and over 6800 SF of livable space. They would be perfect for a family looking to purchase a lovely home with income-producing potential or as an investment property: 447 Keap consists of three apartments that could be configured as a 1, 2, or 3 bedrooms and a basement, while 449 Keap is a two-family with a 1600 SF commercial space on the ground floor. Each apartment is a bit over 1000 SF. They could be sold separately but are better as a package deal.

The location can't be beat: Situated near the corner of Keap and Hope street, there is minimal traffic and little noise but the best of Williamsburg is only steps a way. Take a stroll to the bustling Bedford area and beautiful views off the North 6th pier, explore the innovative Graham/Grand restaurants and bars, or walk a block to the Lorimer L/G stop and get to Manhattan in under 10 minutes.

For developers, there are numerous possibilities. The lots together could be nearly 11,000 SF as of right (2.7 FAR) or over 15,000 SF with IHCs (3.6 FAR). Additionally, the contiguous properties are available as well (see rendering as an example). In an area that is getting $50/SF for rent or up to $1500/SF for condos, there is serious investment potential.

*Brick&Mortar and Nest Seekers co-exclusive.*

Contact

David Sokolowski
Licensed Associate Real Estate Broker
Licensed as 'David Sokolowski'
578 Driggs Avenue Brooklyn, NY 11211

449 Keap St, Brooklyn, NY 11211, USA