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

519-523 Metropolitan Ave
Brooklyn, NY 11211
 Multifamily Property For Sale · 7 Units

Apartment Buildings New York Brooklyn 519-523 Metropolitan Ave, Brooklyn, NY 11211

INVESTMENT HIGHLIGHTS

  • Highly Visible, Trafficked Corner at the intersection of Metropolitan and Union Avenues
  • Virtually on top of the Lorimer Street subway station servicing the L and G subway lines - 18 minutes to Union Square!
  • Very Active 'gentrified' community
  • Fully developed and fully occupied; potential to convert 2nd floor to commercial office space
  • Real Estate Assessment Limitations (8%/yr and 30%/5yrs) keep Real Estate Taxes Reasonable
  • Directly across from Macri triangular park and diagonally across from the nostalgic Kellogg Diner

PROPERTY FACTS

No. Units 7 Building Size 7,066 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • General Retail Bar
  • Office Office Residential
 No. Stories 4
Building Class C Year Built 1930
Lot Size 0.04 AC
Zoning R7A/C2-4 - Residential - 4.0 FAR of which 2.0 FAR can be used commercially. two, 4rm/1bth apts on 2nd, 3rd & 4th floor over a retail storefront.
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Bar
  • Office Office Residential
Building Class C
Lot Size 0.04 AC
Building Size 7,066 SF
Average Occupancy 100%
No. Stories 4
Year Built 1930
Zoning R7A/C2-4 - Residential - 4.0 FAR of which 2.0 FAR can be used commercially. two, 4rm/1bth apts on 2nd, 3rd & 4th floor over a retail storefront.

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 6 - -

PROPERTY TAXES

Parcel Number 02756-0001 Improvements Assessment $1,028,700
Land Assessment $11,700 Total Assessment $1,040,400

PROPERTY TAXES

Parcel Number
02756-0001
Land Assessment
$11,700
Improvements Assessment
$1,028,700
Total Assessment
$1,040,400
 

  • Listing ID: 23820901

  • Date on Market: 8/2/2021

  • Last Updated:

  • Address: 519-523 Metropolitan Ave, Brooklyn, NY 11211

More public record information on 519-523 Metropolitan Ave, Brooklyn, NY 11211

The Williamsburg Multifamily Property at 519-523 Metropolitan Ave, Brooklyn, NY 11211 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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