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101-105 Havemeyer Street

Brooklyn, NY 11211

$23,388,000
  • 0.11 Acre

101-105 Havemeyer Street
Brooklyn, NY 11211

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Brooklyn / NY

Multi Family HIGHLIGHTS

  • Property Type

    Commercial Sale, Multi Family

  • Year Built

    1915

  • Heating

    Yes - Oil

  • Stories

    6

  • RE Tax

    $269,222

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.

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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  • Acres

    0.1148 Acres

  • City Region

    Brooklyn

  • Lot Size

    5,000 Sqft

  • MLS #

    885212

  • Property Type

    Multi Family

  • Year Built

    1915

  • Building Area Total

    31500

  • Construction Materials

    Brick, Frame

  • Property Attached

    Yes

  • Total Number of Units

    36

  • Total Stories

    6

  • Year Built

    1915

  • Annual Taxes

    $269,222

  • Basement

    Full

  • Heating

    Yes - Oil

  • Cross Street

    Hope Street

  • Sewer

    Public Sewer

  • Utilities

    Electricity Connected, See Remarks, Sewer Connected

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $22,435

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

101-105 Havemeyer Street

Location

Nearby Transit

  • L

    at Bedford Av

    0.26 miles
  • G

    at Metropolitan Av

    0.27 miles

Data courtesy of LocalLogic.co

Williamsburg
Neighborhood

Williamsburg

Williamsburg is a Brooklyn neighborhood that has transitioned from an industrial center to a mixed-use area with residential, commercial, and cultural activity. The building stock includes converted lofts, mid-rise and high-rise residential...

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101-105 Havemeyer Street

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