| MLS # | 847611 |
| Details | 3 fam, AC, Lot Size: 0.05 acres, 6 Units in the building |
| Construction Year | 1931 |
| Taxes (per year) | $11,843 |
| Fuel Type | Gas |
| Air Conditioning | Wall Unit AC |
| Bus | 1 min: B57 |
| 5 min: B15, B46, B47 | |
| 6 min: B43, B60 | |
| 7 min: B54 | |
| Subway | 5 min: J, M |
| 7 min: L, Z | |
| LIRR | 1.8 miles: "Nostrand Avenue" |
| 2.4 miles: "Atlantic Terminal" | |
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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.