Located at 213 Johnson Avenue between Humboldt St. & Bushwick Av. in Williamsburg Brooklyn, this property offers many opportunities. The building contains four one-bedroom apartments, with two situated on the second floor and two on the third floor, each approximately *768* square feet. These units can easily be converted into two-bedroom apartments.??The first floor is a commercial space of approximately *1,430* square feet, currently utilized as an administrative/counseling office. In the rear of the building, you'll discover a sizable backyard. Additionally, a basement of approximately *1,000* square feet is used for pantry food storage. Between 2002 and 2012, this property underwent an extensive restoration project. All renovation work adhered to NYC HPD architectural plans, including the demolition, removal, and construction of all three floors and the basement. This included installing new electrical and plumbing systems, pipelines, two gas heating boilers, two water heaters (one for the apartments & one for the commercial space), and a gas water heating system. The property is equipped with a 24/7 surveillance system, ensuring the safety and protection of both the interior and exterior areas of the building. The L, J, M, and G subway lines are conveniently located within walking distance, making transportation easily accessible. The neighborhood of Williamsburg is renowned for its vibrant atmosphere, featuring an array of retail stores, restaurants, bars, cafes, and artisan shops. With meticulous attention to detail and a series of updates, this property stands in excellent condition, ready to serve its next owner's needs and aspirations. *Do not disturb existing tenants* *Photos of the apartments are available upon request.* ??Building zoning: R6 ?Air rights: 1,286 sq ft Lot dimensions: 23.83 ft x 100 ft Building dimensions: 23.83 ft x 60 ft Monthly pro forma income: $19,700 Annual pro forma income: $236,400 Property taxes: $33,356 Insurance: $6,512 Heat: $6,016 Water & Sewer: $5,264 Electric (common areas): $1,800 Total annual expenses: $52,948 Net operating income: $183,452
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