4-Unit Mixed-Use Multi-Family in Williamsburg 4.3%+ Cap Potential
Built in 1910, this rarely available 20-foot-wide building is four stories tall and is currently configured as three floor-through apartments, each with three bedrooms and one bathroom. There is one commercial retail space that easily converts to a boutique, restaurant, doctor's office, dispensary or cafe. The property is vacant, and the residences are free market and have their own electrical meters. Located 10 minutes from Manhattan via the G, M, L, J and Z subway trains. 2 minutes from prime Williamsburg. Near great restaurants, shops, and more.
Ideal for condo conversion or maintaining as an income producing rental property. The lot is approximately 20.33 ft x 76.42 ft. Approximate square footage is 5,285.
Approx. Monthly Rent Roll in Current Configuration:
$5000+ (Commercial/retail space) Unit 1
$3250+ (3BR & 1 Bath) Apt. 1 Currently configured as a photo studio
$3350+ (3BR & 1 Bath) Apt. 2
$3450+ (3BR & 1 Bath) Apt. 3
All showings are by appointment. 24 hour notice requested.