101-105 Havemeyer Street, Brooklyn, NY 11211 - Kings County

Calling All Investors, Developers & End-Users!!! 31,500 Sqft. 36 Unit Corner Mixed-Use Building In Williamsburg For Sale!!! The Building Features Excellent Signage, Great Exposure, M1-2/R6A/MX-8 Zoning, 21 Free Market Apartments, Restaurant, 3 Commercial Units, High 10’ Ceilings, Signalized Intersection, 6 Parking Spaces, 11 Stabilized Apartments, All New LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart Of Williamsburg 1 Block Off I-278 & Just Minutes From The Williamsburg Bridge!!! Neighbors Include Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, Walgreens, Dunkin’, Liberty Tax, Meineke Car Care Center, Trader Joe’s, McDonald’s, IHOP, +++!!! The Building Has 154 Feet Of Wrap-Around Frontage On Havemeyer Street & Hope Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Expenses:

Oil: $18,000 Ann.

Electric: $1,200 Ann. (Common Area Only)

Property Super: $12,000 Ann.

Insurance: $12,289 Ann.

Water & Sewer: $38,000 Ann.

Taxes: $240,350 Ann.

Total Expenses: $321,839 Ann.

Current Gross Income: $1,400,000 Ann.

Net Operating Income (NOI): $1,078,161 Ann.

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