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This prime corner walkup multifamily building features 24 residential units and three stores. There are 19 two bedroom apartments, 4 one bedroom apartments and 1 three bedroom apartment. Five of the units have been gut renovated (4, 6, 14, 17 & 20) and are rented at market. The super’s unit (3) will be vacant at closing.

Located five blocks away from the J/M train at Flushing Avenue and six blocks away from the Montrose Avenue L train station. Both trains run directly into Manhattan. The apartments are currently 100% leased and the apartments net rent is currently at 60% of market which provides significant upside. The vast majority of older multifamily product in Williamsburg are six and eight families.

This building provides an investor the opportunity to purchase an anchor property on one of the strongest retail corridors in Brooklyn.

Click here for listing details.

Neighborhoods: Williamsburg/ Agents: Mark Lively