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$2,950,000
●
Multifamily -
For Sale
46 Marcy Avenue #BUILDING
Brooklyn, NY 11211
4 Beds
4 Baths
3645 Sqft
$15,135
Estimated Monthly
$0
HOA / Fees
2.53%
Cap Rate
About This Property
Presenting an exceptional investment opportunity in North
Williamsburg!
A free-market, four-family brick building with a historic stoop, offered for sale for the first time in nearly 120 years, and being delivered fully vacant upon request.
Located in the most sought-after neighborhood, this well-maintained building represents a unique chance to invest in Williamsburg's dynamic market and own a piece of history.
The asking price of $2,950,000 equates to $737,500 per unit. Each unit is a floor-through residence, offering generous living spaces with high ceilings. The ground-floor unit enjoys exclusive backyard access.
This 20 x 66 feet building features exceptionally good bones, ceilings over 9 feet high, a concrete patio garden with a fig tree, and a large, clean cellar level, offering further potential for development.
Strategic Positioning: Situated in prime Williamsburg, the building benefits from its proximity to top-rated restaurants, chic boutiques, multiple entertainment options, and parks, ensuring continuous demand and investment growth.
Transportation: Ideally located within minutes of three different subway stations offering access to five subway lines (L, G, M, J, Z), ensuring unparalleled connectivity across New York City:
- 8-min walk to Bedford Av L-train
- 7-min walk to Marcy Av J, M, Z-trains
- 5-min walk to Metropolitan Av G-train & Lorimer Av L-train
With a 6% cap rate, this remarkable offering is sure to capture the attention of savvy investors looking to capitalize on the thriving Williamsburg market.
Reach out today to learn more about this opportunity and schedule your viewing!
A free-market, four-family brick building with a historic stoop, offered for sale for the first time in nearly 120 years, and being delivered fully vacant upon request.
Located in the most sought-after neighborhood, this well-maintained building represents a unique chance to invest in Williamsburg's dynamic market and own a piece of history.
The asking price of $2,950,000 equates to $737,500 per unit. Each unit is a floor-through residence, offering generous living spaces with high ceilings. The ground-floor unit enjoys exclusive backyard access.
This 20 x 66 feet building features exceptionally good bones, ceilings over 9 feet high, a concrete patio garden with a fig tree, and a large, clean cellar level, offering further potential for development.
Strategic Positioning: Situated in prime Williamsburg, the building benefits from its proximity to top-rated restaurants, chic boutiques, multiple entertainment options, and parks, ensuring continuous demand and investment growth.
Transportation: Ideally located within minutes of three different subway stations offering access to five subway lines (L, G, M, J, Z), ensuring unparalleled connectivity across New York City:
- 8-min walk to Bedford Av L-train
- 7-min walk to Marcy Av J, M, Z-trains
- 5-min walk to Metropolitan Av G-train & Lorimer Av L-train
With a 6% cap rate, this remarkable offering is sure to capture the attention of savvy investors looking to capitalize on the thriving Williamsburg market.
Reach out today to learn more about this opportunity and schedule your viewing!
Unit Size
3,645Ft²
Days on Market
52 days
Land Size
0.03 acres
Price per sqft
$809
Property Type
Multifamily
Property Taxes
$650
HOA Dues
-
Year Built
1910
Listed By
Last updated: 15 days ago (RLS #RSFT-00110000000298)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 1, 2024 | Listed by Brick & Mortar LLC | $2,950,000 | |
Listed by Brick & Mortar LLC |
Property Highlights
Interior Details
Bedroom Information
Bedrooms: 4
Bathroom Information
Full Bathrooms: 4
Interior Information
Living Area: 3645
Room Information
Laundry Features: Building In Basement
Rooms: 24
Exterior Details
Property Information
Year Built: 1910
Building Information
Pets Allowed: Building Yes, Yes
Lot Information
Lot Size Dimensions: x
Land Information
Tax Lot: 20
Tax Block: 2384
Financial Details
Tax Annual Amount: $7,800
Location Details
Subdivision Name: Williamsburg
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
4
Beds
2
Baths
-
$3,100,000
Dec 27, 2021
$3,100,000
Apr 15, 2022
$1,169/mo
Townhouse
4
Beds
7
Baths
-
$3,100,000
Jul 22, 2020
$3,100,000
Sep 14, 2021
-
House
4
Beds
4
Baths
-
$2,450,000
Jul 14, 2021
$2,450,000
Nov 4, 2021
-
Sold
Multifamily
3
Beds
3
Baths
-
$2,750,000
Feb 21, 2021
$2,750,000
Jul 23, 2021
$262/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
46 Marcy Avenue
46 Marcy Avenue, Brooklyn, NY 11211
- 4 Units
- 1 Unit for Sale