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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
