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671 Grand St , Williamsburg, NY 11211

$ 3,649,000

671 Grand St ,
,

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Property Id : 19045
Price: $ 3,649,000
Bedrooms: 7
Bathrooms: 4
Structure Type: Wood
Floors No: 1

About this property

2 Family w/ Commercial Space, Garage & Office in Prime Williamsburg!
Commercial Space: $6,377/mo, 1500 SF
Lease expires 12/19. Pays 2K toward taxes
Potential Rent: $7,500/mo
2nd Fl: 4Br apt w/ private Roof Deck space $3,500/mo. No Lease
3rd Fl: 3Br. $2,700/mo. No Lease
Small Office + Garage: $1,500/mo. No Lease
Total Rents: $168,924/Yr
Potential Rents: $188,400/Yr
Total Expenses: $18,000/Yr
Net Income: $150,924
Potential Net: $170,400
Cap Rate: 4.1%
Potential Cap Rate: 4.6%

Building: 25 x 100 ft
Lot: 25 x 100 ft
Zoning: C4-4A (permits Residentail)
FAR: 3.45 w/o Inclusionary Housing
FAR: 4.6 w/ Inclusionary Housing 
*Information deemed reliable, but is not guaranteed. Check with your architect

UNLIMITED POTENTIAL for Developers or Users!

Amenities and Features

back yard

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