This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
524 Metropolitan Ave
Brooklyn, NY 11211
524 Metropolitan Ave · Multifamily Property For Sale
·
22 Units
Property Facts
| No. Units | 22 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 14,117 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1930 |
| Building Class | C | ||
| Zoning | R7A | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 14,117 SF |
| No. Stories | 5 |
| Year Built | 1930 |
| Zoning | R7A |
Amenities
Unit Amenities
- Refrigerator
- Oven
- Range
About 524 METROPOLITAN AVE , BROOKLYN, NY 11211
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a 22-unit brick mixed-use building located at 524 Metropolitan Avenue in Williamsburg, Brooklyn. The fully occupied and recently renovated building comprises fifteen (15) two-bedroom apartments and five (5) one-bedroom apartments above a commercial space leased to a restaurant Yola' s Café. Additional income is generated by the sign space which is currently leased to Colossal Media. The asset currently generates nearly $757,000 gross annually. The subject property is located within 100 feet of the combined L & G train station at Metropolitan Avenue / Lorimer Street. The immediate area is also home to a number of neighborhood hotspots like Union Pool, Barcade, Sugarburg, Suzume and the Blind Barber among others. Across the street, Chetrit Group' s rising 500Metro hotel development further supports the growing appeal of this energetic corridor.
Property Taxes
| Parcel Number | 02761-0012 | Improvements Assessment | $1,328,400 |
| Land Assessment | $148,050 | Total Assessment | $1,476,450 |
Property Taxes
