375 South 1st St - Williamsburg, New York
Prime opportunity to own an ideally-located mixed-use property in vibrant Williamsburg, only 3 blocks from the G and L trains! The 3-story brick building is 25 ft. wide by 57 ft. deep, with entrances on both South 1st Street and Borinquen Place. Currently built 25 x 35, offering 2 spacious, newly-renovated 2-bedroom apartments (1,750 sq. ft.) over a large ground-floor commercial/retail space (875 sq. ft.) with curb cut. This is an excellent investment, and perfect for a end-user who can also capitalize on the first floor as parking space. Additional available square footage may be utilized to create an amazing triplex apartment as well with a roof terrace and parking space or store for income. Built in 1899, with 2,625 total sq. ft., R6 zoning, a floor area ratio of 2.43, and an allowable usable floor area of 2,977 sq ft. Annual taxes are $4,178. Generate multiple sources of monthly income in one of Brooklyn's hottest neighborhoods!
This listing courtesy of Douglas Elliman