ID # | 23229901 |
Details | 0 bed (STUDIO), Interior: 481 ft2, 45m2, 5 Units in the building, Building has 3 floors Listing Age: 51 days |
Construction Year | 1930 |
Maintenance Fees | $177 |
Bus | 1 min to B24, B48, Q59 |
4 min to Q54 | |
6 min to B43 | |
8 min to B60, B62 | |
10 min to B46 | |
Subway | 0 min to L |
2 min to G | |
10 min to J, M | |
LIRR | 1.9 miles to "Long Island City" |
2 miles to "Hunterspoint Avenue" | |
COMMERCIAL CONDO FOR SALE. Very rare opportunity to own a commercial condo in Williamsburg. Presently designed as a wine bar, this street-level space could accommodate many successful uses. It boasts high ceilings, an ADA bathroom, a fully functional bar with dishwasher, glass racks, sinks, reach-in refrigerator, and a storage room with an ice machine and freezer. The 16 feet of frontage along Metropolitan Avenue is less than a block from the extremely popular Lorimer stop on the L. This format could be easily adapted into a coffee bar, a speakeasy, or using the installed plumbing to create a hair salon. As an investor, this commercial condo offers the opportunity to reap rewards. The wine bar paid market rent plus the low common charges and RE taxes, which is standard, providing a return on investment of over 10%. New tenants will be attracted to the prime location, the excellent condition of the space, the lack of key money required, and the opportunity to start a new lease with new terms. For an end-user, the location is ideal to begin a new business for the price many establishments charge for key money. Ready to show any time.
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