Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
| Pets: | Pets No |
| Lot Size: | 0.05 Acres |
Financials
Listing Courtesy of E Realty International Corp
DescriptionThis is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175,440/year and monthly Gross income is $14,620, The Net income $139,445/year and monthly Net income $11,620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
This is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175,440/year and monthly Gross income is $14,620, The Net income $139,445/year and monthly Net income $11,620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
This is an excellent investment opportunity in Williamsburg, Brooklyn !
- View of building exterior
- Dining area featuring radiator and light tile patterned flooring
- Kitchen with light tile patterned floors, a sink, appliances with stainless steel finishes, under cabinet range hood, and radiator heating unit
- Kitchen with light countertops, light tile patterned flooring, under cabinet range hood, stainless steel range with gas stovetop, and a sink
- Kitchen featuring freestanding refrigerator, white gas range oven, light tile patterned floors, under cabinet range hood, and a sink
- Kitchen featuring light tile patterned floors, white appliances, radiator heating unit, under cabinet range hood, and a sink
- Living area featuring wood finished floors, baseboards, and a ceiling fan
- Living area with a ceiling fan and wood finished floors
- Half bath featuring toilet, tile walls, and vanity
- Bathroom with toilet, tile patterned floors, vanity, and tile walls
- Bedroom featuring radiator and wood finished floors
- Bedroom featuring ceiling fan and wood finished floors
- Bathroom with a tub, vanity, toilet, tile walls, and tile patterned floors
- Living area with brick wall, a ceiling fan, an accent wall, and wood finished floors
- Living room featuring brick wall, wood finished floors, a ceiling fan, and an accent wall
- Bedroom with baseboards and wood finished floors
- Bedroom featuring radiator and wood finished floors
- Living area with light wood-style flooring and a ceiling fan
- Living area with wood finished floors
- Living area with wood finished floors and a ceiling fan
- Full bath with shower / bath combination with curtain, vanity, toilet, tile walls, and tile patterned floors
- Kitchen with a sink, light countertops, under cabinet range hood, stainless steel appliances, and light tile patterned flooring
- Full bathroom featuring a shower with shower curtain, toilet, tile walls, vanity, and tile patterned floors
- Living room featuring cooling unit and wood finished floors
- Dining room with light wood-type flooring and cooling unit
- Bedroom with light wood-style floors, cooling unit, and baseboards
- Recreation room featuring wood finished floors
- Game room with brick wall and wood finished floors
DescriptionThis is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175,440/year and monthly Gross income is $14,620, The Net income $139,445/year and monthly Net income $11,620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
This is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175,440/year and monthly Gross income is $14,620, The Net income $139,445/year and monthly Net income $11,620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
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.
