Brooklyn, NY 11211,322 Union AVE
Brooklyn, NY 11211,322 Union AVE
Brooklyn, NY 11211,322 Union AVE
Brooklyn, NY 11211,322 Union AVE
Brooklyn, NY 11211,322 Union AVE
Brooklyn, NY 11211,322 Union AVE
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$ 4,150,000
Est. payment | /mo

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$ 4,150,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 875320

Rental Info No

Year Built 1899

Annual Tax Amount $3,624

Property Sub-Type Mixed Use

Source onekey2

Property Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Williamsburg For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 10' Ceilings, Strong R7A/C2-4 Zoning, (2) 4 Br. Apts., Basement, All New LED Lighting, 200 Amp, Power, CAC, +++!!! The Property Is Located In The Heart Of Williamsburg 4 Blocks 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 25' Of Frontage On Busy Union Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:
Gourmet Deli (2,650 Sqft.): $96,000 Ann.
Unit 2 (4 Br. Apt.): $78,000 Ann.
Unit 3 (4 Br. Apt.): $78,000 Ann.

Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $6,000 Ann.
Water: $0 Ann.

Taxes: $3,669.76 Ann.

Total Expenses: $9,919.76 Ann.

Current Gross Income: $252,000 Ann.

Net Operating Income (NOI): $242,080.24 Ann.

Location

State NY

County Kings (brooklyn)

Rooms

Basement See Remarks

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available Natural Gas Available

Total Parking Spaces 6

Building

Sewer Public Sewer

Water Other

Structure Type Block

Others

Special Listing Condition None

Listed by All Island Estates Realty Corp
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322 Union AVE