• Asking Price $26,000,000

  • 467 KEAP ST BROOKLYN, NY 11211

  • 65,535 SqFt
  • Commercial / Resale (MLS)
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Property Details for 467 KEAP ST, BROOKLYN, NY 11211

Features

  • Price/sqft: $396
  • Lot Size: 16952
  • Total Units: 30
  • Stories: 1000

Facts

  • Year Built: 01/01/2010
  • Property ID: 884223427
  • MLS Number: 11220624
  • Parcel Number: 02371-0042
  • Property Type: Commercial
  • County: KINGS
  • Listing Status: Active

Sale Type

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.

Description

This listing is NOT a foreclosure. Ainslie Tower is a ten-story, thirty-unit elevator apartment building built in 2009. This mixed-use building boasts twenty-nine residential units, all of which are occupied lofts with 20 foot ceilings. Six apartments are affordable housing units. The building has one commercial unit, a newly vacant 7,310 square foot store with an elevator asking $28,000/month. The building also has cellar storage space and a loading dock. Three levels of parking (60 parking spots) that bring in monthly rental income. There is potential to add 6,985 more square feet of parking on the second floor roof, boasting a total of 80 parking spots. The building measures 77,664 total square feet and sits on a lot measuring 96.08' x 183.33'. The building currently brings in a gross annual income of $2,003,137.56 and a net annual income of $1,727,303.98. It has the potential to gross $2,100,860.76. The building has a 421A exemption that lasts until July 2038. This is an excellent opportunity to earn steady rental income in prime Williamsburg. 7.06% Cap Rate.

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Property Brokerage: EVERGREEN REALTY & INVESTMENTS 5825 Myrtle Avenue Office 2A RIDGEWOOD NY 11385
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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