120 Wythe Ave | Brooklyn, NY 11249
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- LoopNet Team
120 Wythe Ave
Brooklyn, NY 11249
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Three-story brick building with a full basement, offering 3,218 net rentable square feet across five units in the heart of Williamsburg, Brooklyn.
- With a dense population of over 3 million within 5 miles and over 75% renter-occupied, there is a strong and sustained demand for rental units.
- Population has a median household income of over $91,000 and contributes to more than $1.1 billion in housing costs, with rents growing by 2.0%.
- Asset is being delivered vacant, offering a significant upside through lease-up of the recently updated units.
- Situated steps from Bushwick Inlet Park, The East River, and McCarren Park, the property is surrounded by notable dining options and hotels.
Property Facts
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
- Tub/Shower
Property Taxes
| Parcel Number | 02302-0028 | Improvements Assessment | $524,700 |
| Land Assessment | $186,300 | Total Assessment | $711,000 |
Property Taxes
Parcel Number
02302-0028
Land Assessment
$186,300
Improvements Assessment
$524,700
Total Assessment
$711,000
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