New York, NY 11211

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$23,388,000
Annual Taxes:$269,221.84
Listing Courtesy of All Island Estates Realty Corp

Calling All Investors, Developers amp ; End Users !

View of building exterior

View of building exterior

View of building exterior
Aerial overview of property's location with property boundaries highlighted
View of entryway
Corridor with mail area and ornamental molding
Aerial overview of property's location
Hall with ornamental molding and a decorative wall
Unfurnished living room with radiator heating unit, wood finished floors, a ceiling fan, cooling unit, and brick wall
Unfurnished living room with radiator heating unit, wood finished floors, and a ceiling fan
Empty room with radiator heating unit and wood finished floors
Kitchen with range with gas stovetop, freestanding refrigerator, white cabinets, light tile patterned flooring, and light countertops
Map / location with property parcel outlined
Bathroom with tile patterned flooring, shower / bathtub combination, tile walls, and vanity
View of property
Community bar area with an ornate ceiling
View of patio / terrace
Dining room with an ornate ceiling, a chandelier, a wainscoted wall, wood-type flooring, and a community bar
Aerial view of property's location
Kitchen with open shelves
View of apartment building / complex
View of patio
View of unfinished basement
Utility room featuring electric meter and electric panel
Aerial overview of property's location featuring property boundaries highlighted
View of utilities
View of utility room
View of unfinished below grade area
Aerial map of property and surrounding area
View of utility room
Map of property location
Utility room featuring electric meter
Utility room featuring gas meter
Aerial map of property and surrounding area
View of building exterior
View of apartment building / complex
Doorway to property
Community bar area featuring an ornate ceiling and brick wall
View of unfinished basement
Hallway featuring a decorative wall, a textured wall, and ornamental molding
Empty room featuring wood finished floors, healthy amount of natural light, and ceiling fan
View of unfinished below grade area
Unfurnished room featuring wood finished floors and brick wall
Utilities featuring electric panel
Utility room featuring electric panel
View of building exteriorAerial overview of property's location with property boundaries highlightedView of entrywayCorridor with mail area and ornamental moldingAerial overview of property's locationHall with ornamental molding and a decorative wallUnfurnished living room with radiator heating unit, wood finished floors, a ceiling fan, cooling unit, and brick wallUnfurnished living room with radiator heating unit, wood finished floors, and a ceiling fanEmpty room with radiator heating unit and wood finished floors

Description

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.

Amenities

  • Electricity Connected
  • Sewer Connected

Long Island MLS

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.