Description

Presenting an exceptional investment opportunity in North Williamsburg! A free-market, four-family brick building with a historic stoop, offered for sale for the first time in nearly 120 years, and being delivered fully vacant. Located in the most sought-after neighborhood, this well-maintained building represents a unique chance to invest in Williamsburg's dynamic market and own a piece of history. The asking price of $2,750,000 equates to $687,500 per unit. Each unit is a floor-through residence, offering generous living spaces with high ceilings. The ground-floor unit enjoys exclusive backyard access. This 20 x 45 feet building features exceptionally good bones, ceilings over 9 feet high, a concrete patio garden with a fig tree, and a large, clean cellar level, offering further potential for development. Strategic Positioning: Situated in prime Williamsburg, the building benefits from its proximity to top-rated restaurants, chic boutiques, multiple entertainment options, and parks, ensuring continuous demand and investment growth. Transportation: Ideally located within minutes of three different subway stations offering access to five subway lines (L, G, M, J, Z), ensuring unparalleled connectivity across New York City: - 8-min walk to Bedford Av L-train - 7-min walk to Marcy Av J, M, Z-trains - 5-min walk to Metropolitan Av G-train & Lorimer Av L-train With a 6.5% cap rate, this remarkable offering is sure to capture the attention of savvy investors looking to capitalize on the thriving Williamsburg market. Reach out today to learn more about this opportunity and schedule your viewing! ...
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