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Listing Courtesy of Brick & Mortar LLC
$2,750,000
Est. payment /mo
7 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision East Williamsburg
MLS Listing ID RLS20104431
Bedrooms 7
Full Baths 5
HOA Y/N Yes
Year Built 1931
Annual Tax Amount $14,760
Property Sub-Type Multi Family
Property 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.
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.
Location
Interior
Fireplace No
Laundry Building None
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 02738-0025
Ownership None
Monthly Total Fees $1, 230
Special Listing Condition Standard
Pets Allowed Building Yes, Dogs OK
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RLS Data display by eXp Realty
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716