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568 Grand St, Williamsburg, NY 11211

$ 2,700,000

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Property Id : 19922
Price: $ 2,700,000
Rooms: 8
Bedrooms: 4
Bathrooms: 2
Structure Type: Brick
Floors No: 1

About this property

Mixed Use, 2 Family + Commercial Unit in Prime Williamsburg!

Brick Building
This is an AMAZING Investment Opportunity!
Located just 4 blocks from the Lorimer L Train stop, be in NYC in a flash!
It features:
– 2 Residential Units
– 1 Commercial Unit
– Apartments are in good shape
– Shared Backyard
– Full Basement
– New Roof

1st Fl: Commercial Space/ Restaurant (3,500/mo; 4% increase/ Yr)
2nd Fl: 2Br, 1 Bath, Living Room, Dining Room, Kitchen (1,540/mo; 4% increase/ Yr)
3rd Fl: 2Br, 1 Bath, Living Room, large Kitchen (Vacant. Projected Rent: $2,800/mo)
Actual Rent: $60,480 (w/ 1 Vacancy)
Projected Rent: $120,000+
Expenses: $15,973

Lot: 25.33 × 75 ft;
Building: 25 × 40 ft
Zoning: R7-A/C2-4
FAR: 1.58
MAX FAR: 3.45
MAX FAR: 4.60 (w/ Inclusionary Housing)
Maximum Usable Floor Area: 6,469 SF

Unlimited Potential for a User or Developer!
Call us for additional information and set-up

Disclaimer: All Information provided is deemed reliable, but is not guaranteed and should be independently verified.

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