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$4,390,000
8 Beds 6 Baths 1042058 MLS
01 Gut-renovated townhouse A redeveloped three-story walk-up taken to the studs and body envelope —mechanical systems, kitchens, baths, and facadesrebuilt. 02 Free-market income with embedded value-add upside Every unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up. 03 R6 zoning A moderate-density district permitting as-of-right expansion, rare among Williamsburg's low-rise, three-family townhouse stock. 04 Transit at the corner The L/G at Lorimer Street and Metropolitan Avenue is roughly 0.1 miles away —Transit Score 96, Walk Score 99. 05 At the epicenter of NYC’s most sought-after live/work/play neighborhood North Williamsburg - world-class restaurants, celebrated cocktail bars, waterfront parks, and a thriving creative economy that continues to set the standard for urban living. 06 A lean carry $6,397 in annual real estate taxes under holds operating cost well below the borough norm.

427 Metropolitan Avenue, Brooklyn

$2,988,000
1014129 MLS
8-FAMILY 59 NEWEL STREET, BROOKLYN , NEW YORK 11222- GREAT INVESTMENT OPPORTUNITY IN THE HEART OF GREENPOINT! THIS WELL-MAINTAINED FOUR-STORY WALK-UP BUILDING FEATURES 8 UNITS AND APPROXIMATELY 8,000 SQUARE FEET OF INTERIOR SPACE ON A 25' X 80' BUILDING FOOTPRINT WITH R6B ZONING. EACH SPACIOUS UNIT OFFERS 2 BEDROOMS, A BRIGHT LIVING ROOM, FULL BATHROOM, AND A SEPARATE KITCHEN, PROVIDING STRONG AND CONSISTENT RENTAL APPEAL. THE PROPERTY ALSO INCLUDES A FULL BASEMENT, OFFERING ADDITIONAL STORAGE AND OPERATIONAL FLEXIBILITY. METICULOUSLY MAINTAINED AND IN EXCELLENT CONDITION, THIS BUILDING IS BEING SOLD AS IS AND PRESENTS A RARE OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY ASSET IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS. IDEALLY LOCATED JUST ONE BLOCK FROM THE G TRAIN CLOSE TO NYC FERRY, NEAR MCGOLRICK PARK, AND A SHORT DISTANCE TO MCCARREN PARK. SURROUNDED BY POPULAR RESTAURANTS, SHOPS, FITNESS CENTERS, SCHOOLS, AND EVERYDAY CONVENIENCES. ENJOY EASY ACCESS TO PUBLIC TRANSPORTATION AND ALL THAT VIBRANT GREENPOINT HAS TO OFFER. DON'T MISS THIS EXCEPTIONAL INVESTMENT PROPERTY WITH STRONG LONG-TERM POTENTIAL IN A PRIME LOCATION. MUCH MORE TO DISCOVER—SCHEDULE YOUR PRIVATE VIEWING TODAY!

59 Newel Street, Brooklyn

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