This is an excellent investment opportunity in Williamsburg, Brooklyn! The combination of a bustling commercial space with a restaurant and multiple residential units can provide a solid income stream. With a return rate close 7% and no renovations needed, The Annual gross income is nearly $175, 440/year and monthly Gross income is $14, 620, The Net income $139, 445/year and monthly Net income $11, 620. This is a location with a very high return on investment property, especially with stable tenants in place. The layout of two units per floor, with a mix of two-bedroom and one-bedroom apartments, caters to a variety of renters, which is a plus. The proximity to Broadway Commercial Street and access to multiple subway lines enhances its appeal, making it convenient for both residents and customers.
Lot Size: 0.0456 Lot Sq Ft: 1985
Heat: Natural Gas, Other A/C: Wall/Window Unit(s) Water: Public Sewer: Public Sewer
Taxes: $11,843
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