Prime Location: S. Williamsburg Mixed-Use on 25/100 R6/C3-1
Located in South Williamsburg, off Montrose Ave, not far from the Montrose Ave Subway station of the L line. This 25/100 property has R6/C3-1 zoning, It has 2 structures on the site, and might be delivered completely vacant. It contains a 3 story 25/45 Mixed-Use Brick building in the front, that has a food business on the first floor with a lease that is expiring soon. There is a 3 bedroom apartment on each of the upper 2 floors above, both units are currently vacant and need major repair.
The second building is located behind a nice courtyard. It is a 3 story 25/25 building, that contains 6 studio apartments, currently occupied with no leases, each paying between $600-800 a month (No DHCR). The owner can try to deliver the whole property vacant, and prefers all cash transaction.
Lot size: 25/100
Zoning: R6/C3-1
Buildings size: 25/45 +25/25
Legal Mixed-Use Brick 2 family & a store, +3 story 6 unit building
Asking: $3,499,000 All-Cash
