Check Availability
$2,499,988
House - For Sale

747 Flushing Avenue

East Williamsburg, NY 11206
bedrooms
Studio
bathrooms
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
Hans Campana
One Stop Multi Service Inc
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
Stu
-
-
$2,400,000 Apr 23, 2017
$2,400,000 Dec 7, 2017
-
Townhouse
Stu
-
-
$2,280,000 Sep 13, 2016
$2,280,000 May 8, 2017
-
Townhouse
Stu
-
-
$2,200,000 Jan 10, 2017
$2,200,000 Aug 17, 2017
-
Townhouse
Stu
-
-
$2,150,000 May 1, 2019
$2,150,000 Nov 8, 2019
-
Townhouse
Stu
-
-
$2,125,000 Nov 11, 2022
$2,125,000 Jun 14, 2023
$1/mo
Townhouse
Stu
-
-
$2,100,000 Oct 19, 2014
$2,100,000 Mar 9, 2015
-
House
Stu
-
-
$2,790,000 Oct 19, 2023
-
-
House
Stu
-
-
$2,900,000 Aug 28, 2023
-
-
Townhouse
Stu
-
3,024 ft²
$827/ft²
$2,500,000 Sep 11, 2023
-
$249/mo
House
6 Beds
3 Baths
-
$2,395,000 Feb 5, 2024
-
$455/mo
Commercial
Loft
-
-
$2,500,000 Oct 13, 2023
-
$1,367/mo
Commercial
Loft
-
-
$2,500,000 Oct 13, 2023
-
$1,124/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231014
10/14/2023
Loft
-
-
$100,000
bedrooms
Loft
bathrooms
-
$100,000
11/30/2023
-
Hans Campana
One Stop Multi Service Inc
20230320
03/20/2023
Loft
-
-
$80,000
bedrooms
Loft
bathrooms
-
$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
More about this Building
747 Flushing Avenue
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About Northern Brooklyn


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