New York, NY 11211

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 6
Lot Size: 0.0 Acres

Financials

Price:$4,390,000
Annual Taxes:$6,318.80
Listing Courtesy of YC Capital Group LLC

01 Gut renovated townhouse A redeveloped three story walk up taken to the studs and body envelope mechanical systems, kitchens, baths, and facadesrebuilt.

Description

01 Gut-renovated townhouse A redeveloped three-story walk-up taken to the studs and body envelope —mechanical systems, kitchens, baths, and facadesrebuilt. 02 Free-market income with embedded value-add upside Every unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up. 03 R6 zoning A moderate-density district permitting as-of-right expansion, rare among Williamsburg's low-rise, three-family townhouse stock. 04 Transit at the corner The L/G at Lorimer Street and Metropolitan Avenue is roughly 0.1 miles away —Transit Score 96, Walk Score 99. 05 At the epicenter of NYC’s most sought-after live/work/play neighborhood North Williamsburg - world-class restaurants, celebrated cocktail bars, waterfront parks, and a thriving creative economy that continues to set the standard for urban living. 06 A lean carry $6,397 in annual real estate taxes under holds operating cost well below the borough norm.

Amenities

  • Electricity Connected
  • High ceiling

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.