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.
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Listing Snapshot
Price
$1,880,000
Days On Site
59 Days
Bedrooms
N/A
Inside Area (SqFt)
5,584 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0456 Acres
Year Built
1931
MLS® Number
847611
Status
Active
Property Tax
$11,843.16
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 months ago
Listing first seen on site
2 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.0456
Property Sub Type
Triplex
Sewer
Public Sewer
SqFt Total
5584
Utilities
See Remarks
Water Source
Public
Interior Features
Cooling
Wall/Window Unit(s)
Heating
Natural GasOther
Interior
Other
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Exterior Features
Construction Details
Brick
Listing courtesy of E Realty International Corp Anna.realtorny@gmail.com
Based on information submitted to the MLS GRID as of 2025-06-08 07:34 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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