Description

8 Family in Williamsburg's Prime Area!

Very Rare Investor's opportunity! Located on Withers Street, this property is only 1 block away from McCarren Park, a few blocks away from the East River Ferry, 2 blocks away from Lorimer and Metropolitan Avenue L train station, and is surrounded by trendy shops, stores, supermarkets, restaurants, eateries and so much more.

This 8 family solid brick building is the perfect investment property with a healthy upside. With an NOI of $171,265 and rents below market this investment piece fits perfect for an investor's portfolio and has great potential.

Building: 25 FT X 55 FT
Lot: 25 FT X 70 FT
Sq Ft: 5,500
Stories: 4
Property class (C1)
Year built: 1928
Zoning: M1-2/R6, MX-8
FAR: MAX FAR:
Taxes: $15,023 /YR
Residential Units: 8

Floor Area Ratio (FAR)
Residential FAR 2.43
Commercial FAR 2
Facility FAR 4.8
FAR as built 3.14
Maximum usable floor area 4,252
Usable floor area as built 5,495
Unused FAR -1,242



GREAT Investment Opportunity!
Call TODAY for a Full Set Up!