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Williamsburg 6 Units | 4 Free Market Units 54 Herbert St 6 Unit Apartment Building $2,000,000 ($333,333/Unit) Brooklyn, NY 11222
Investment Highlights
- 4 Free Market + 2 Rent-Stabilized
- 3,750 SF Building on 25’ x 110’ Lot
- Near McCarren & McGolrick Parks
- 2BR / 1BA Layouts
- Renovated in 2013
- Close to Graham Ave L Train
Executive Summary
Williamsburg multifamily near McCarren Park and McGolrick Park, close to the Graham Avenue L train, providing swift access into Manhattan.
The building is configured with a mix of free-market (4 units) and rent-stabilized (2 units). The two most recently renovated units are laid out as 2-bed/1-bath apartments, while the remaining four are classic railroad-style units, each with one legal bedroom.
The building sits on a 25 ft x 110 ft lot and offers 3,750 square feet (25 ft x 50 ft). The maximum buildable area is 5,476 square feet.
Situated on a quiet street, just minutes from all the dining, shopping, and entertainment Williamsburg is famous for.
The building is configured with a mix of free-market (4 units) and rent-stabilized (2 units). The two most recently renovated units are laid out as 2-bed/1-bath apartments, while the remaining four are classic railroad-style units, each with one legal bedroom.
The building sits on a 25 ft x 110 ft lot and offers 3,750 square feet (25 ft x 50 ft). The maximum buildable area is 5,476 square feet.
Situated on a quiet street, just minutes from all the dining, shopping, and entertainment Williamsburg is famous for.
Property Facts
| Price | $2,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $333,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 4,250 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | R6,Brooklyn,(C2) - Medium-density residential district | ||
| Price | $2,000,000 |
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,250 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R6,Brooklyn,(C2) - Medium-density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02831-0004 | Improvements Assessment | $689,400 |
| Land Assessment | $4,500 | Total Assessment | $693,900 |
Property Taxes
Parcel Number
02831-0004
Land Assessment
$4,500
Improvements Assessment
$689,400
Total Assessment
$693,900
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Williamsburg 6 Units | 4 Free Market Units | 54 Herbert St
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