115 Withers St - Apartments FOR SALE


Brooklyn, NY 11211- Williamsburg
$1,800,000 USD
718-360-1942
115 Withers St, Brooklyn, NY for Sale
$1,800,000 USD
Apartments - FOR SALE
1/15
null | 5.3% Cap Rate

115 Withers St
Brooklyn, NY 11211
Williamsburg


HIGHLIGHTS

  • 30 Feet Wide, 6 Unit Multifamily Property with One Unit Delivered Vacant in the Heart of Williamsburg, Brooklyn
  • located mid-block between Leonard Street and Manhattan Avenue in the booming Williamsburg section of Brooklyn
  • (1L) will be delivered vacant, offering a new owner the rare opportunity to occupy a unit in the building while rental income from remaining apts
  • sits on a tree-lined block of Withers Street, just blocks from McCarren Park and the dining, cafés, and bars
  • The property is a short walk from the L and G trains at the Lorimer Street / Metropolitan Avenue station complex, as well as the B24, B48, and Q59 bus

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 115 Withers Street, a six-unit multifamily building located mid-block between Leonard Street and Manhattan Avenue in the booming Williamsburg section of Brooklyn. One of the apartments (1L) will be delivered vacant, offering a new owner the rare opportunity to occupy a unit in the building while rental income from the remaining apartments helps offset the mortgage. This 30-foot-wide building sits on a tree-lined block of Withers Street, just blocks from McCarren Park and the dining, cafés, and bars. The property is a short walk from the L and G trains at the Lorimer Street / Metropolitan Avenue station complex, as well as the B24, B48, and Q59 bus lines

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

6

PRICE/UNIT

$300,000

CAP RATE

5.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,001 SF

ZONING

R6B

APN/PARCEL ID

02738-0036

ASK ABOUT THIS PROPERTY

Corey HaynesInvestment Property Realty GroupMore Info
718-360-1942

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Corey HaynesInvestment Property Realty GroupMore Info
718-360-1942

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.