382 Metropolitan Avenue

Havemeyer St / Marcy Ave Williamsburg

^$4,495,000

Annual Taxes $28,913

What will this property cost?

What will this cost?

Mortgage Terms (years)

5 7 15 20 30

Interest Rate

Percent Down

0% ($0)

^$2,825/mo

Include Monthly Charges & Taxes

Commercial
2 Bathrooms

Subway Lines

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Essentials

Price$4,495,000
TypeCommercial
Floor1
Bathrooms2
Rooms8
Approx. Sq. Ft.10,307

An amazing North Side Williamsburg Development site! It is currently built as a 10,307+/- sqft warehouse which houses an established Tenant. Tenant pays for all utilities, increase in real estate taxes, water/sewer and insurance. The owner just collects rent, $116,400 a year with a 3.5% increase annually. With the massive structure and the ability to build up to 28,000+/- sqft, the opportunity is endless to convert it to a retail/commercial mall, a mixed use development, a luxury condominium development or a hotel.

It is located on a wide street with amazing foot traffic in the midst of trendy and dynamic Williamsburg Northside.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

Agents Ask us a question

Tom Le Senior Vice President
Licensed Associate RE Broker p (718) 422-2524 f (212) 415-6387
tom.le@corcoran.com Email Me See my 7 other sale listings

Dennis McCarthy Licensed Associate RE Broker p (718) 422-2568 f (212) 230-4390
dennis.mccarthy@corcoran.com Email Me See my 7 other sale listings

Williamsburg

Runs from Flushing Avenue to Metropolitan Avenue and Bushwick Avenue, east from the Brooklyn Navy Yard.

Williamsburg has undergone one of the most exciting real estate transformations of any area in New York City. Williamsburg’s garages and warehouses have been converted into amazing industrial lofts, which rub shoulders with new high-rise condos.

Explore Williamsburg