This brand new classic brick 5,200sf + 1,300sf finished cellar multi-family investment/income building consists of 3 units: 2 bedroom/2bathroom duplex, 3 bedroom/2 bathroom and 5 bedroom/5 bathroom duplex apartments in addition to a courtyard garden, 1500sf rooftop deck, laundry facilities, and a driveway with 2 parking spaces.
High end finishes, top of the line stainless steel appliances, video intercom systems, and surround sound speaker systems are featured in every unit.
All of the units are currently leased for 1 year:
? 1st floor/basement 2br/2ba: $4,500
? 2nd floor 3br/2ba: $3,600
? 3rd/4th floor 5br/5ba: $6,000
? Unit#1: $4,500
? Unit#2: $3,600
? Unit#3: $6,000
? Parking: $300
? Total monthly income: $14,400
? Gross annual income: $172,800
? Net annual income: $152,400
? Total monthly expense: $1,700
? Total annual expense: $20,400
Cap Rate: 5%
Delivered with a C/O.
The central Williamsburg location is near excellent restaurants, shopping, nightlife and within a two block distance from the Marcy Ave and Hewes Street Subway Stations (J,M,Z lines)