Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5 family building in the heart of Brooklyn.
| 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
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Brick & Mortar LLC | |