12 Bed > 10 Bath > Multi-family For Sale > Williamsburg > Brooklyn > NY
12 Bed 10 Bath Multi-family For Sale $8,000,000 6,208 sqft ($1,289 per sqft) |
Broker: David Montville Douglas Elliman |
Profuse in prime value, rare corner lot in the heart of Williamsburg.
Above the Lorimer L-Train/Metropolitan G-train station.
Pre-va
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Profuse in prime value, rare corner lot in the heart of Williamsburg.
Above the Lorimer L-Train/Metropolitan G-train station.
Pre-value-add with sky-high potential, literally.
Delivering the property with the residential units vacant is negotiable.
Pro-forma apartment mix reconfigurations yield up to an additional $275,000 of annual income.
Offering top-of-the-market sidewalk-level retail frontage that commands an estimate of $60 per square foot/per year.
Bonus income streams include roof space for a cell tower and ample exterior for high-value advertisements.
The basement shares a wall with the G/L subway train concourse. Subterranean retail space can possibly be installed.
Air rights included with a value of 2,536 unused buildable square feet. The maximum usable floor area of building equals 8,744 square feet.
Lot Area: 2,186 square feet Lot Dimensions: 26 feet x 84 feet Annual Taxes: $14,870 Qualified Opportunity Zone
Virtual Tour Available Upon Request
Disclaimer: This property description contains projections, property enhancements and analyses that are all for informational purposes only.
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