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Investment Highlights

  • Heavy Traffic
  • Available build up more space

Executive Summary

Prime Investment Opportunity in Prime Location, Williamsburg. 2 Retail Stores and 6 Apartment Building. Possible Add Up Value to Build Up More Space. Walk to Subway M &J Line. Stable & Great Income. Retail Sore tenant pay Property Tax.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,690,000
Price Per Unit $461,250
Sale Type Investment
Cap Rate 6.21%
Sale Condition 1031 Exchange
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,875 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910
Zoning R6 Brooklyn,C2-3 - R6 /C2-3 is a medium-density residential zoning district.

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Basement

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • On-Site Retail
  • Recycling
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02464-0034
Land Assessment
$56,250
Improvements Assessment
$603,900
Total Assessment
$660,150
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40245999

  • Date on Market: 4/22/2026

  • Last Updated:

  • Address: 403 Broadway, Brooklyn, NY 11211

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