• Estimated Value $3,098,531
  • Estimated Value: $3,098,531

  • 157 N 5TH ST BROOKLYN, NY 11211

  • 4,000 SqFt
  • Townhouse or Condo / Resale (MLS)
1 of 37

Property Details for 157 N 5TH ST, BROOKLYN, NY 11211

Features

  • Lot Size: 2500.00 sq. ft.
  • Total Units: 3
  • Stories: 300

Facts

  • Year Built: 01/01/1899
  • Property ID: 806577259
  • MLS Number: 3495017
  • Parcel Number: 02336-0040
  • Property Type: Townhouse or Condo
  • County: KINGS

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Calling All Investors, Developers, & End-Users!!! 100% Occupied 4 Unit Free Market Mixed-Use Building In Williamsburg For Sale!!!The Property Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9' Ceilings, 2 Br. Apartment, (2) 3 Br. Apartments, Separate Meters, Low Property Taxes (Only $5,013), 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located Close To The BQE, Williamsburg Bridge And McCarren Park & Pool!!! The Property Is Also Only 2 Blocks From Metropolitan Avenue!!! Neighbors Include Google, Nike, UPS, Dunkin', Walgreens, McDonald's, Orangetheory Fitness, Blink Fitness, +++!!! This Property Has HUGE Upside Potential!!! This Opportunity Won't Last Long!!! This Property Would Make A Nice Addition To Your Investment Portfolio!!! Income: 1st Floor (2 Br., 2 Bath): $44,400 Ann. 2nd Floor (3 Br., 2 Bath): $51,600 Ann. 3rd Floor (3 Br., 2 Bath): $56,400 Ann. LL Spa: $30,000 Ann. Gross Income: $182,400 Ann. Expenses: Gas + Electric: $2,860 Ann. (Hallway & Basement Only) Water + Sewer: $2,679 Ann. Insurance: $3,829 Ann. Taxes: $5,013 Ann. Total Expenses: $14,381 Ann. Net Operating Income (NOI): $168,019 Ann. , or

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