Calling All Investors, Developers & End-Users!!! 31, 500 Sqft. 36 Unit Corner Mixed-Use Building In Williamsburg For Sale!!! The Building Features Excellent Signage, Great Exposure, M1-2/R6A/MX-8 Zoning, 21 Free Market Apartments, Restaurant, 3 Commercial Units, High 10’ Ceilings, Signalized Intersection, 6 Parking Spaces, 11 Stabilized Apartments, All New LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart Of Williamsburg 1 Block Off I-278 & Just Minutes From The Williamsburg Bridge!!! Neighbors Include Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, Walgreens, Dunkin’, Liberty Tax, Meineke Car Care Center, Trader Joe’s, McDonald’s, IHOP, +++!!! The Building Has 154 Feet Of Wrap-Around Frontage On Havemeyer Street & Hope Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Expenses:Oil: $18, 000 Ann. Electric: $1, 200 Ann. (Common Area Only)Property Super: $12, 000 Ann. Insurance: $12, 289 Ann. Water & Sewer: $38, 000 Ann. Taxes: $240, 350 Ann. Total Expenses: $321, 839 Ann. Current Gross Income: $1, 400, 000 Ann.Net Operating Income (NOI): $1, 078, 161 Ann.
Lot Size: 0.1148 Lot Sq Ft: 5000 Stories: 6
Heat: Oil A/C: None Water: Public Sewer: Public Sewer
Taxes: $269,222
(*) - Required fields