Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5 family building in the heart of Brooklyn.


Property

Website:https://www.nestseekers.com/5644853
Address:
381 Manhattan Avenue
Brooklyn, NY 11211
Cross street:Frost Street
Type:Townhouse
Era:Post-war
Floors:3
Ownership: Rental Property
Rooms: 18
Bedrooms: Studio

Financials

Price:$2,750,000

Description

Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood. The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments—2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value. Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.

Amenities

  • Voice Intercom

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Brick & Mortar LLC

381 Manhattan Avenue Brooklyn NY 11211 USA