Building & Unit Features
8 Family in Williamsburg's Prime Area!
Very Rare Investor's opportunity! Located on Withers Street, this property is only 1 block away from McCarren Park, a few blocks away from the East River Ferry, 2 blocks away from Lorimer and Metropolitan Avenue L train station, and is surrounded by trendy shops, stores, supermarkets, restaurants, eateries and so much more.
This 8 family solid brick building is the perfect investment property with a healthy upside. With an NOI of $171,265 and rents below market this investment piece fits perfect for an investor's portfolio and has great potential.
Building: 25 FT X 55 FT
Lot: 25 FT X 70 FT
Sq Ft: 5,500
Stories: 4
Property class (C1)
Year built: 1928
Zoning: M1-2/R6, MX-8
FAR: MAX FAR:
Taxes: $15,023 /YR
Residential Units: 8
Floor Area Ratio (FAR)
Residential FAR 2.43
Commercial FAR 2
Facility FAR 4.8
FAR as built 3.14
Maximum usable floor area 4,252
Usable floor area as built 5,495
Unused FAR -1,242
GREAT Investment Opportunity!
Call TODAY for a Full Set Up!
Very Rare Investor's opportunity! Located on Withers Street, this property is only 1 block away from McCarren Park, a few blocks away from the East River Ferry, 2 blocks away from Lorimer and Metropolitan Avenue L train station, and is surrounded by trendy shops, stores, supermarkets, restaurants, eateries and so much more.
This 8 family solid brick building is the perfect investment property with a healthy upside. With an NOI of $171,265 and rents below market this investment piece fits perfect for an investor's portfolio and has great potential.
Building: 25 FT X 55 FT
Lot: 25 FT X 70 FT
Sq Ft: 5,500
Stories: 4
Property class (C1)
Year built: 1928
Zoning: M1-2/R6, MX-8
FAR: MAX FAR:
Taxes: $15,023 /YR
Residential Units: 8
Floor Area Ratio (FAR)
Residential FAR 2.43
Commercial FAR 2
Facility FAR 4.8
FAR as built 3.14
Maximum usable floor area 4,252
Usable floor area as built 5,495
Unused FAR -1,242
GREAT Investment Opportunity!
Call TODAY for a Full Set Up!
Floor: 4
Stories: 1
Total Rooms: 30
Courtesy Of Douglas Elliman Real Estate
Estimated Monthly Costs
$26,294
Est. Mortgage
Est. Mortgage
$475
Common Charges
Common Charges
$1,252
Real Estate Tax
Real Estate Tax
$28,021
Monthly Total*
Monthly Total*
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2024 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Brownstone Real Estate LLC.. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
