About this property
Unique 7 Family + Store in Williamsburg!
This is a wise investment! This property features:
– 1st Fl: Retail Store (currently a Beauty Salon) w/ 800 sq ft
– Total: 14 Bedrooms, 8 Bathrooms
– 7 Residential Units; each is 2BR/1BTH Railroad Apartment
– Full Semi-Finished Basement (currently used by the commercial tenant)
– Hardwood floors
– High ceilings
– Massive backyard accessible to all tenants
– Tenants pay their own Hot Water; Separate gas hot water heaters
– *Only 1 Apartment currently has lease
– Steps away from the Montrose L train.
– Half a block from Ten Eyck Playground, equipped with a track & field, tennis courts and baseball field
– Near all Williamsburg’s trendiest restaurants, shopping and nightlife
Annual Rent: $153,840
Current Cap Rate: 5.5% w/ a room for growth!
Building: 25 x 50 ft
Lot: 25 x 105 ft
Retail Space: 800 sq. ft.
FAR: 1.90; Max FAR: 2.43
Zoning: R6, C1-3
This is a great investment!
Call TODAY for a Full Set Up!