134 Manhattan Ave - Apartments FOR SALE


Brooklyn, NY 11206- Williamsburg
$2,998,000 USD
917-370-7806
134 Manhattan Ave, Brooklyn, NY for Sale
$2,998,000 USD
Apartments - FOR SALE
1/22
null | 5.87% Cap Rate

134 Manhattan Ave
Brooklyn, NY 11206
Williamsburg


OVERVIEW

Prime Williamsburg Corner Mixed-Use Building | All Free Market Units | Turnkey Investment Spire Group Inc. is proud to present a rare opportunity to acquire a turnkey, corner-lot mixed-use building in hip Williamsburg. This well-maintained property has undergone major renovations, 2 floor-through free market residential units, and a high-demand commercial space—all fully occupied by quality tenants. Some key renovations include a brand-new roof, a completely modernized lobby, sidewalk redone and conversion to a more efficient water heating system—lowering operating costs and ensuring long-term ease of ownership. Perfectly situated between the L train at Montrose Ave and the J/M trains at Lorimer St, the property offers a short and convenient commute to Manhattan and elsewhere. Enjoy everything Williamsburg has to offer just steps away—Win Son Bakery, Katabaru, Brooklyn Ball Factory, Hungry Bowl Thai, and more. Nearby Sternberg Park adds a touch of green for recreation and relaxation. With low carrying costs, strong rental income, this is an ideal opportunity for both cash-flow investors and 1031 exchange buyers looking for a stable, income-generating asset from day one. Key Details: Lot Size: 25' × 57.67' Bldg Dimensions: 25' x 40' Total SF: 3,050 sq ft Zoning: R6 Building Class: S2 Annual Taxes: $3,886 For more information or to schedule a private showing, please contact the listing broker.

FOR SALE DETAILS

PRICE

$2,998,000 USD

PRICE/SF

$983 USD /SF

# OF UNITS

3

PRICE/UNIT

$999,333

CAP RATE

5.87%

% 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

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,442 SF

ZONING

R6

APN/PARCEL ID

03052-0001

ASK ABOUT THIS PROPERTY

Jamie NgSpire Group, Inc.More Info
917-370-7806

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Jamie NgSpire Group, Inc.More Info
917-370-7806

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