Complete info: http://186north9thstreet.ePropertySites.com - This is an amazing opportunity to own a 2-family house just a half block off Bedford Avenue in the heart of Williamsburg, OR buy 2 properties side-by-side for an even bigger investment opportunity (see below). This property has two 2-bedroom units, each with full size kitchen, separate dining room, large livingroom, and lots of windows. Buy for yourself or RENT WHILE YOU PLAN TO BUILD. Current market rent roll is approximately $5,700 per month. Annual taxes just $1,500/yr., Lot Size 20 x 100, Building 18 x 40, Year Built 1910, Zone R6B, Max FAR 2.0, FAR as built .74 (can build approximately 2,500sf more). BUILD AND SELL.. Buy for under $350 per square foot (based on 4,000sf max.) and sell for over $1,000 per square foot (based on average new condo. sales in area). OR BUY 2 PROPERTIES SUBSTANTIALLY INCREASE YOUR INVESTMENT POTENTIAL. *Adjacent property also for sale. * Buy 2 lots. Each 20 x 100 feet. Maximize your profit by building spacious, double-wide units to sell or rent. Priced to move at just $2.98M for both properties. Buy for less than $375 per square foot (based on 8000sf for both lots). Both properties sold in as-in condition. Sellers and broker make no guarantees as to the property condition. Buyers, please provide proof of funds (pre-approval) with all offers. Visit www.184north9th.com and www.186north9th.com for more information. Shown by appointment only. Call Danielle Villalba, 917.673.6302 (Nest Realty Consultants, exclusive-right-to-sell broker) BUY, BUILD, PROFIT.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
