518 Meeker Ave #1, Brooklyn, NY 11222

10 Unit Elevator Building in Prime Williamsburg - DELIVERED VACANT! Ranging from studios to 3-beds and offering private outdoor space attached to most units, this building is an investor's dream. All units include modern kitchen cabinetry, stainless steel appliances, large bedrooms with ample closest space, washer/dryer hookups, hardwood floors and an open layout. Multiple upgrades are available including utilizing the 10 extra-large income-producing storage units, a bike storage area, space for a gym, and updating the beautiful common rooftop that has incredible city views! Ideally located right on the border of Greenpoint and Williamsburg, 518 Meeker Ave is walking distance to the L train at the Graham Av Station and the G Line at Nassau Av Station, and there is quick access to the Brooklyn-Queens Expressway a few blocks away. Greenpoint and Williamsburg are rich in vibrant culture and rental prices here have skyrocketed because of that. Brooklyn Steel and Warsaw music venues are nearby, Michelin-recognized restaurants like Lilia and Misi, Bonnie's and Win Son, Fandi Mata and Pheasant are all walkable, as are McCarren, McGolrick and Cooper Parks. This is an incredible investment that will only continue to provide the new owner great returns, and will be delivered vacant. 518 Meeker is Rent-stabilized and will be delivered vacant. CAP Rate on current DHCR's is 5.43%.