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$5,500,000 / 20700ft2 - Large Mix Used Rent Stabilize brick building (Williamsburg)

Large brick 5 story rent stabilized brick building that covers the entire block consisting of 20 rent stabilized apartments and 5 commercial units. The apartment consists of 4-3 bedrooms, 8-2 bedrooms and 8-1 bedrooms.
5 commercial units consisting of 4,700sf in the first floor and lower floor. It is located 3 blocks to the Lorimer L & G train, 4 blocks to the Marcy avenue J & M train. Close to Restaourant and shops. The building consists
20,700sf, 16,000sf of residential and 4,700sf of commercial
Gross income $564,000
Net income $404,000
Expenses $160,000
7+ cap
Pete

post id: 7753292327

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