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Prime williamsburg corner mixed-use building all free market units turnkey investment
spire group inc. Is proud to present a rare opportunity to acquire a turnkey, corner-lot mixed-use building in hip williamsburg. This well-maintained property has undergone major renovations, 2 floor-through free market residential units, and a high-demand commercial spaceall fully occupied by quality tenants.
some key renovations include a brand-new roof, a completely modernized lobby, sidewalk redone and conversion to a more efficient water heating systemlowering operating costs and ensuring long-term ease of ownership.
perfectly situated between the l train at montrose ave and the j/m trains at lorimer st, the property offers a short and convenient commute to manhattan and elsewhere. Enjoy everything williamsburg has to offer just steps awaywin son bakery, katabaru, brooklyn ball factory, hungry bowl thai, and more. Nearby sternberg park adds a touch of green for recreation and relaxation.
with low carrying costs, strong rental income, this is an ideal opportunity for both cash-flow investors and 1031 exchange buyers looking for a stable, income-generating asset from day one.
key details:
lot size: 25 57. 67
bldg dimensions: 25' x 40'
total sf: 3,050 sq ft
zoning: r6
building class: s2
annual taxes: $3,886
for more information or to schedule a private showing, please contact the listing broker.
Data is provided by The Real Estate Board of New York, Inc..