, Brooklyn, NY for Sale
FOR SALE
1/16
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Devoe Union
Brooklyn, NY
Williamsburg


HIGHLIGHTS

  • 9-unit free market corner property with ample FAR to build

OVERVIEW

Excellent Investment/Development opportunity in Williamsburg Brooklyn! Standing predominantly at the corner of Union Avenue and Devoe Street, this beautiful free market, 9-unit, mixed-use corner property comprises three contiguous buildings and ample FAR to build. The buildings consist of a 5-family residential, 2-unit retail/office building and a 2-unit loft building complete with backyard, roof and 2 basements. Additional highlights include 325 sqft bonus workspace, two legal curb cuts and additional FAR to build, offering further development potential. With a pro-forma NOI of $550K+ in as is condition with minimal renovation, this property offers great income with minimal maintenance. All units are free-market and in excellent condition. Tenants are paying under market rents and most are month-to-month leases. All buildable information must be independently verified. Please contact me for full information.

ASK ABOUT THIS PROPERTY

Jennifer DoscherFIND Real Estate LLCMore Info

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Jennifer DoscherFIND Real Estate LLCMore Info

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