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

552 Metropolitan Ave
Brooklyn, NY 11211
 Multifamily Property For Sale · 8 Units

Apartment Buildings New York Brooklyn 552 Metropolitan Ave, Brooklyn, NY 11211

Investment Highlights

  • Half a block from the L & G trains, with entrances on Metropolitan Ave at both Lorimer St and at Union Ave
  • Three of the apartments and the commercial space are to be delivered vacant
  • Property benefits from approximately 4,950 SF of additional air rights
  • Eight-unit building, comprised of seven residential apartments and one small commercial space
  • Four apartments are rent stabilized and are currently occupied
  • Tax class 2B

Property Facts

No. Units 8 Lot Size 0.07 AC
Property Type Multifamily Building Size 4,866 SF
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Average Occupancy 50%
Apartment Style Mid-Rise No. Stories 4
Building Class C Year Built 1930
Zoning R7A / C2-4 - 3.45 FAR as of right (9,808 free market buildable SF), or 4.60 FAR with inclusionary housing (13,078 buildable SF w/ IH)
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.07 AC
Building Size 4,866 SF
Average Occupancy 50%
No. Stories 4
Year Built 1930
Zoning R7A / C2-4 - 3.45 FAR as of right (9,808 free market buildable SF), or 4.60 FAR with inclusionary housing (13,078 buildable SF w/ IH)

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - -

Property Taxes

Parcel Number 02761-0020 Improvements Assessment $1,028,250
Land Assessment $51,750 Total Assessment $1,080,000

Property Taxes

Parcel Number
02761-0020
Land Assessment
$51,750
Improvements Assessment
$1,028,250
Total Assessment
$1,080,000
 

  • Listing ID: 23936598

  • Date on Market: 8/19/2021

  • Last Updated:

  • Address: 552 Metropolitan Ave, Brooklyn, NY 11211

The Williamsburg Multifamily Property at 552 Metropolitan Ave, Brooklyn, NY 11211 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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