$31,500,000

467 Keap Street , Brooklyn, NY 11211

 
Bedrooms:0 beds
Bathrooms:0 baths
MultiFamily:65,535 sqft
Lot:--
Year Built:2009
Listing Status:Active

Listing Agent

Emma Barattini
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Ainslie Tower is a ten-story, thirty-unit elevator apartment building built in 2009. This mixed-use building boasts twenty-nine residential units, all of which are occupied lofts with 20 foot ceilings. Six apartments are affordable housing units. The building has one commercial unit, a newly vacant 7,310 square foot store with an elevator asking $28,000/month. The building also has cellar storage space and a loading dock. Three levels of parking that bring in monthly rental income. There is potential to add 6,985 more square feet of parking on the second floor roof. The building measures 77,664 total square feet and sits on a lot measuring 96.08' x 183.33'. The building currently brings in a gross annual income of $2,003,137.56 and a net annual income of $1,727,303.98. It has the potential to gross $2,100,860.76. The building has a 421A exemption that lasts until July 2038. This is an excellent opportunity to earn steady rental income in prime Williamsburg. 6.5% Cap Rate.

Detailed Items

Architecture Style : Other
# of Floors : 10
Year Updated : 2009

Other Information

467 Keap Street, Brooklyn, NY, 11211 is a multifamily listing of 65,535 sqft on an unknown lot size. This multifamily listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property467 Keap Street, Brooklyn, NY
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