6 Family + Store in Prime Williamsburg!
684 Lorimer St Brooklyn, NY 11211
$3,125,000
Mixed Use 6 Family + Store in Williamsburg!
Lot: 25 x 100 ft Building: 25 x 52 ft Zoning: M12/R6/MX8 FAR: 1.56 Max FAR: 2.7 Expenses: (18,980/Yr) Taxes: $6,883 Insurance: $4,200 Oil: $4,000 Water: $3,000
*Short walk to either Lorimer or Bedfrord L Train stops. ~ 6 Residential Units (4 are Free Market!) 11 Br, 7 Bath ~ 1 Commercial Unit ~ All Apartments are renovated ~ Shared Backyard & Finished Basement Updated: Roof, windows, electrical wiring & sewage lines. 1st Fl:Commercial Space (approx. 300 sf) Projected Rent $2,500) Studio: $1,750/mo(Free Market) Apt. 1L: 2Br $2,300/mo (Free Market) Apt. 2L: 2Br $2,222/mo (rent stabilized) Apt. 2R: 2Br $2,500/mo (Free Market) Apt. 3L: 2Br $2,460/mo (rent stabilized) Apt. 3R: 2Br $2,800/mo (Free Market) Actual Rent: $168,384; Net: $149,384; Cap Rate: 4.8% Projected Rent: $200,000+; Projected Cap Rate: 5.8%
This is an AMAZING Investment Opportunity! Call us TODAY for Additional Information!
Robert Napolitano 533 Metropolitan Ave. Brooklyn, NY 11211 Office: 718 388 2188 Cell: 917 225 7584
[email protected] Visit my website www.CapriJetRealty.com for more info
Equal Housing Opportunity
All information deemed reliable but not guaranteed.