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  • Williamsburg NY, 11211

    $1,200,000

    Multi Family Commercial, 8 Beds, 6 Full Bath, Sq. Ft. 4290  

    ML# :3582043   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

    240 Powers Street Unit 6, Williamsburg, NY, 11211

    Call Today: 631-673-3700, 631-827-8000, 631-827-8000, or  Email: April Hughes Kaufman
    Presented by: Goldilocks Real Estate  516-874-3033
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than April Hughes Kaufman are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.