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- LoopNet Team
522 Metropolitan Ave
Brooklyn, NY 11211
Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Mixed Use 19 Units + 2 Stores in Prime Williamsburg!
- Prime Location right near L, G train subway station on Metropolitan and Union Ave
PROPERTY FACTS
| No. Units | 21 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 16,790 SF |
| Property Subtype | Apartment | Average Occupancy | 76% |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | C | Year Built | 1930 |
| Zoning | R7A | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 16,790 SF |
| Average Occupancy | 76% |
| No. Stories | 6 |
| Year Built | 1930 |
| Zoning | R7A |
ABOUT 522 METROPOLITAN AVE , BROOKLYN, NY 11211
Mixed Use 19 Units + 2 Stores in Prime Williamsburg! Situated right in the heart of Williamsburg, this property is an excellent investment opportunity! Directly above L & G train stations on Metropolitan Ave; Starbucks is just 2 blocks away 6 blocks to gorgeous McCarren Park; 8 minute walk to Cooper Park; Steps away from all shopping, boutiques, restaurants, bars. This property features: – 2 commercial stores on first floor – 29 bedrooms, 19 baths – 4 owner occupied units delivered vacant – 14 rent-stabilized; 1 rent-controlled – Eat in kitchens in all apts - High ceilings; natural light Other features: Full unfinished basement w/ storage; courtyard w/ pathway to the street Expenses: Taxes: $68,572 Insurance: $19,625 Water/Sewer: $14,581 Electricity: $1,500 Gas/Heat: $11,353 Lot Size: 40.50 × 83.33 ft Building: 40.33 × 70 ft Zoning: R7A, C2-4 FAR: 4.14; MAX FAR: 4
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 21 | - | 642 |
PROPERTY TAXES
| Parcel Number | 02761-0010 | Improvements Assessment | $413,550 |
| Land Assessment | $152,100 | Total Assessment | $565,650 |
PROPERTY TAXES
