This Multifamily Property is no longer advertised on LoopNet.com.

1118 Willoughby Ave
Brooklyn, NY 11237
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Located on Willoughby Avenue between Knickerbocker & Wilson Avenues, one block to Bushwick Park
  • 100% free market and tax protected, allowing future rent growth to outpace expenses
  • Two blocks to the L train with direct access to Williamsburg and Union Square
  • Just completed a top to bottom substantial renovation, building is in turnkey condition
  • Historically high returns making this a perfect investment for equity, 1031, and long-term investors alike
  • Close proximity to numerous retail options, including markets, restaurants, art galleries and nightlife

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,275 SF
No. Stories 3
Year Built 2024
Zoning R6 - Multi Family Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
03209-0013
Land Assessment
$67,500
Improvements Assessment
$429,300
Total Assessment
$496,800
  • Listing ID: 32629105

  • Date on Market: 7/30/2024

  • Last Updated:

  • Address: 1118 Willoughby Ave, Brooklyn, NY 11237

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