OH BY APPOINTMENT ONLY! The Lennon Team at Douglas Elliman has been retained on an exclusive basis to arrange the sale of 33 Maujer Street, a seven unit walk-up building in Williamsburg, Brooklyn. The four story building was built in 2005 and is located on the north side of Maujer Ave, between Union Ave and Lorimer St. The building totals 6,375 SQF which is above grade and is situated on lot measuring 25 FT X 90 FT. Featuring condo finished apartments, unit amenities include hard wood floors, stainless steel appliances, granite counter top, extra closet spaces, dish washer, shared laundry and shared backyard. The unit mix is comprised of five (5) one-bedroom units and two (2) two-bedroom units -- all are currently occupied. The building has a very favorable tax profile in that it benefits from a 25 year, 421a tax abatement program, which expires in year 2034. Additional benefits include a favorable tax class - 2B, and the property is situated in a Qualified Opportunity Zone. Property tax for 22/23 is only $393/yr. The subject property is in a prime location surrounded by local eateries, cafes and bars located on Union Ave and Grand St. The area is well served by public transportation with the MTA's G, L, J & M trains nearby for a quick 20 minute ride into Manhattan. 33 Maujer presents prospective investors the opportunity to acquire a strong cash-flowing multifamily building in a highly desirable area.
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