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Map
$2,499,988
●
House -
For Sale
747 Flushing Avenue
East Williamsburg, NY 11206
Studio
0 Bath
$12,276
Estimated Monthly
$0
HOA / Fees
About This Property
MIXED-USE BUILDING FOR SALE IN PRIME EAST WILLIAMSBURG LOCATION,
BROOKLYN A DYNAMIC INVESTMENT IN A THRIVING NEIGHBORHOOD Unlock the
potential of this mixed-use building located in the heart of East
Williamsburg, Brooklyn. Offering a blend of residential and
commercial spaces, this property presents an exceptional
opportunity for investors seeking both stability and growth.
FEATURES: Two spacious 3-bedroom apartments with versatile
box rooms. Favorable low taxes for efficient financial management.
Conveniently situated just half a block from the J, M train,
facilitating easy transportation access Flushing Avenue Station.
B43, B57 Buses. Woodhull Hospital. Commercial space leased as
a restaurant with a secure 5-year lease in place747 Flushing Ave.
East Williamsburg, Brooklyn. TAXES - $4,317 BUILDING: 3,843 Sq. Ft.
w/ an allowance to build an additional 1,838 Sq. Ft. TENANTS:
RESTAURANT 1,267 Sq. Ft. - Rent: $5,000. Lease: 5 years 2nd FL
TENANT (NO LEASE) - 1,286 Sq. Ft. 3 Bedroom / 1 Bath Rent: $2,000.
MARKET RENTS: $5,100 3rd FL TENANT (NO LEASE) - 1,286 Sq. Ft. 3
Bedroom / 1 Bath Rent: $2,200. MARKET RENTS: $5,100 *All tenants
pay their own utilities. Heat, gas, and electric. NOI with MARKET
RENTS (Pro-Forma) $167,482 ; Cap Rate 6.7%
Unit Size
-
Days on Market
53 days
Land Size
0.04 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1931
Listed By
Last updated: 9 days ago (OneKey MLS #ONE3535788)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 5, 2024 | Listed by One Stop Multi Service Inc | $2,499,988 | |
Listed by One Stop Multi Service Inc | |||
Nov 30, 2023 | Sold | $100,000 | |
Sold | |||
Oct 14, 2023 | Listed by One Stop Multi Service Inc | $100,000 | |
Listed by One Stop Multi Service Inc | |||
May 8, 2023 | Sold | $45,000 | |
Sold | |||
Apr 15, 2023 | Price Decreased |
$69,900
↓ $10K
(12.6%)
|
|
Price Decreased |
Show More
Property Highlights
Garage
Exterior Details
Property Information
Square Footage : 3840
Property Type: Business Opportunity
Property Sub Type: Mixed Use
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.04
Lot Size Square Feet: 1776
Lot Size Dimensions: 21.33x83.25
Location Details
Directions: Google Map
County or Parish: Brooklyn
Other Details
On Market Date: 2024-03-05
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
Active
Townhouse
Stu
-
3,024 ft²
$827/ft²
$2,500,000
Sep 11, 2023
-
$249/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/14/2023
|
|
Loft
|
-
|
-
|
$100,000
Loft
-
|
$100,000
11/30/2023
|
-
|
Hans Campana
One Stop Multi Service Inc
|
03/20/2023
|
|
Loft
|
-
|
-
|
$80,000
Loft
-
|
$45,000
-43.75%
05/08/2023
|
-
|
Hans Campana
One Stop Multi Service Inc
|
Building Info
747 Flushing Avenue
747 Flushing Avenue, Brooklyn, NY 11206
- 2 Units
- 1 Unit for Sale