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Off market
  • $2,731,000

    168 Marcy Ave, Brooklyn, NY 11211

    0beds
    0baths
    4,150sqft
    Townhouse
    Built in 1920
    1,200 Square Feet Lot
    $2,731,000 Zestimate®
    $658/sqft
    $5,095 Estimated rent

    What's special

    Gorgeous four- story plus basement mixed-use townhouse in Williamsburg. First Floor is home to a successful bar, which has been renovated and professionally sound-proofed. The parlor floor is also being used as a commercial space. The upper two residential floors are renovated floor-through that generate great income. All residential tenants have a month-to-month lease. Around the corner from the JMZ subway line (just one stop to Manhattan) on Broadway and steps from the Williamsburg Bridge. A current Cap rate of 7%, with potential to be increased to 8% or more in the short term, makes this property a very attractive investment! Sold in "As Is" condition.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,150 sqft

    Property

    Lot
    • Size: 1,200 sqft
    Details
    • Parcel number: 024600025

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Brooklyn
    Services availability