157 N 5th Street Williamsburg, NY 11211
Calling All Investors, Developers, & End-Users!!! 100% Occupied 4 Unit Free Market Mixed-Use Building In Williamsburg For Sale!!!The Property Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9' Ceilings, 2 Br. Apartment, (2) 3 Br. Apartments, Separate Meters, Low Property Taxes (Only $5, 013), 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located Close To The BQE, Williamsburg Bridge And McCarren Park & Pool!!! The Property Is Also Only 2 Blocks From Metropolitan Avenue!!! Neighbors Include Google, Nike, UPS, Dunkin', Walgreens, McDonald's, Orangetheory Fitness, Blink Fitness, +++!!! This Property Has HUGE Upside Potential!!! This Opportunity Won't Last Long!!! This Property Would Make A Nice Addition To Your Investment Portfolio!!! Income: 1st Floor (2 Br., 2 Bath): $44, 400 Ann. 2nd Floor (3 Br., 2 Bath): $51, 600 Ann. 3rd Floor (3 Br., 2 Bath): $56, 400 Ann. LL Spa: $30, 000 Ann. Gross Income: $182, 400 Ann. Expenses: Gas + Electric: $2, 860 Ann. (Hallway & Basement Only) Water + Sewer: $2, 679 Ann. Insurance: $3, 829 Ann. Taxes: $5, 013 Ann. Total Expenses: $14, 381 Ann. Net Operating Income (NOI): $168, 019 Ann. , or
- Property TypeCommercial
- NeighborhoodN/A
- CountyBrooklyn
- Taxes$5,013
- HOA/Condo/Coop Fees$0
- Days on Site319 Days
- MLS StatusActive
- MLS ID Number3495017
- Home Size Source N/A
- Year Built1899
- Lot Size0.06 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 3
- Acreage 0.06
- Zoning R6B
- Cross Street Bedford Avenue
- Property Sub Type Mixed Use
Community Features
- Township Brooklyn