Calling all investors! A GOLDEN OPPORTUNITY to purchase a 5/6ths occupied, rent stabilized (rent roll attached) 3 story, 6 unit rent controlled apartment building built in the 1920's , in the highly sought after area in East Williamsburg Brooklyn. There are four 1 Bedroom units, two 2 Bedroom units. 6 electric meters, 6 gas meters. The building has zero violations, hard wood floors throughout, and has been lovingly maintained and managed by current owner for multiple decades. The building was converted to natural gas in 2019 and a new furnace and hot water heater were installed at that time. 2015 saw an upgrade to the electrical system. This brick building is zoned R7A and has an FAR of 4. Being sold "AS-IS" . Williamsburg is Brooklyn's booming epicenter with a well-deserved and worldwide reputation for being an influential hub thanks to a thriving cultural scene. Its large weekend markets include Smorgasburg, Artist expos & Flea markets The neighborhood is ideal for dining, shopping and people watching. This "JUST RIGHT" building is perfectly located 1 block parallel to Grand Street b/ Bushwick Ave & Humboldt St. Close to Kosciuszko Bridge & 1 block to the newly upgraded Grand Street subway station where catching the "L" train makes for an easy commute to lower Manhattan. Williamsburg offers convenient proximity to Manhattan via the G, L, B, M, and N subway lines. BQE is close for drivers heading East towards LI and Queens. There is 1 vacant unit. See rent roll attached. Own a piece of history and invest in your own future!, Additional information: Appearance:Maintained,Building Size:4290,Separate Hotwater Heater:Yes
The property located in a dynamic neighborhood celebrated for its artistic vibe and strong community spirit, this area offers a unique blend of cultural attractions, trendy shops, and local eateries, making it an ideal location for residents. This 7 family building presents a fantastic investment opportunity, featuring: 4 Floors with a full basement, 7 units (one free market, six stabilized), 6x Two-Bedroom Units & 1x Three Bedroom Unit, 5 out of the 7 units are fully renovated luxury rentals, 10-foot ceilings, Spacious layouts, High-end finishes, Situated on a 25x100 lot in an R6B-zoned area, this property perfectly blends modern elegance with classic Brooklyn charm. Nearby Attractions: McCarren Park, Maria Hernandez Park, The Bushwick Collective street art gallery. Transportation: Convenient access to the L and G trains, making it easy to reach Manhattan and other parts of Brooklyn. With strong rental income potential and close proximity to vibrant shops, restaurants, and entertainment venues, this property is an outstanding investment opportunity in the heart of Brooklyn!
This is a Gelato / Coffee shop/ bakery shop. Lots of street exposure/ high traffic area
Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments).
Nestled in the charming East Williamsburg section of Brooklyn, this sturdy 6-unit BRICK building presents a unique investment opportunity. Built in 1920, this walk-up apartment building boasts a solid construction with a width of 18.33 feet and a length of 78 feet, maximizing its use of space without any additional square footage. Location-wise, it's an urban dweller's dream, situated just half a block from the Grand St L-train entrance, which now features a brand-new elevator for added convenience, ensuring accessibility for all. Grand St's vibrant shopping district and amenities are nearby, with the eclectic charm of Graham Avenue just moments away. The unit composition of this property is appealing, featuring four well-proportioned 1-bedroom apartments and two spacious 2-bedroom units, none of which are railroad style, ensuring comfortable living spaces. While the first-floor rear apartment is currently occupied, it is being sold with the current tenant in place as a rent-stabilized unit, generating a steady income of approximately $1,600 per month. Additionally, there's potential to expand and create an expansive living space by connecting the first-floor front apartment with the basement, offering direct access to the backyard and courtyard. With the second and third floors currently vacant, the canvas is open for your vision. The total space, excluding the basement, spans approximately 3,500 sqft. This building presents an excellent opportunity for a condo conversion without the need for ground-up construction, making it an appealing prospect for savvy investors, developers, and individuals looking for a welcoming place to call home. Its solid brick construction, combined with its prime location, sets the stage for a promising investment venture or a comfortable living experience in one of Brooklyn's most sought-after neighborhoods. Don't miss your chance to explore this potential. Whether you're interested in immediate rental income, envisioning a condo conversion project, or seeking a new home, this building offers the versatility and location to turn your real estate aspirations into reality., Building Size:18.33 x 78ft
Charming 3-story building. Boasting two residential apartments alongside a ground-floor store duplex with basement, this property offers versatile income potential. Nestled in a prime location, it promises significant returns for savy investors.
Selling with 3 Vacant Units! Introducing 726 Metropolitan Ave, the investment property you've been waiting for. This 6-Family building sits perfectly on the corner of Graham Ave, just 30 steps from the L Graham Avenue train station. Plus, the B43 Bus is practically at your doorstep. Convenience is the name of the game, with various shops, restaurants, and supermarkets close by. You'll Love: Dining at Mesa Coyoacan, Basik, Pecoraro Latteria Shopping at Brooklyn Harvest Market, C-Town, Hummus Market Key Property Details: Zoning: R7A Square Feet: 4500 Sq Ft Taxes: $11,476.92 Layout: 6 units of 2 Beds/1 Bath each Special Feature: Delivered with 3 Vacant Units The seller is ready to make a deal. Let's talk! Don't miss out on this investment opportunity!
The median home value in Brooklyn, NY is $677,200. This is lower than the county median home value of $756,900. The national median home value is $338,100. The average price of homes sold in Brooklyn, NY is $677,200. Approximately 30.01% of Brooklyn homes are owned, compared to 60.51% rented, while 9.48% are vacant. Brooklyn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brooklyn real estate agent to arrange a tour today!
Brooklyn, New York 11211 has a population of 8,736,047. Brooklyn 11211 is less family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 28.9%.
The median household income in Brooklyn, New York 11211 is $70,663. The median household income for the surrounding county is $67,753 compared to the national median of $69,021. The median age of people living in Brooklyn 11211 is 37.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 46.6 inches per year, with 25.3 inches of snow per year.