Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood. The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value. Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.
| MLS # | RLS20104431 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 60 |
| Listing Provided By | Brick & Mortar LLC | David Soltero |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,300 |
| Story(s) | 3 |
| Units | 5 |
| Acreage | 0.06 |
| Rooms Total | 18 |
|---|---|
| Laundry Features | Building None |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 14760 |
|---|---|
| Tax Block | 2738 |
| Tax Lot | 25 |
| State | NY |
|---|---|
| County | Kings |
| City | New York City |
| Zip Code | 11211 |
| Area | Brooklyn |
| Community Name | East Williamsburg |
| Listing VS Median (in East Williamsburg) | |
Price: $2,750,000 low | high Med: $1,097,000 sqft: 3,300 low | high Med: 688 $ / sqft: $833 low | high Med: $1,595 On site: 60 low | high Med: 89 | |
| State | NY |
|---|---|
| County | Kings |
| City | New York City |
| Zip Code | 11211 |
| Area | Brooklyn |
| Community Name | East Williamsburg |
| Listing VS Median (in East Williamsburg) | |
Price: $2,750,000 low | high Med: $1,097,000 sqft: 3,300 low | high Med: 688 $ / sqft: $833 low | high Med: $1,595 On site: 60 low | high Med: 89 | |