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Wilmington, NC

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Here is a chance to invest or live in a large mixed use property -- 3 family with a legal basement office – on the East Williamsburg/Bushwick border, Brooklyn’s most trendy and hip neighborhood. The property recently has gone through some mechanical upgrades including electricity, plumbing, a new boiler and rubberized roof in addition to new oversized windows, all renovated apartments and a new stucco facade. This three story building, 22 x 38, with a legal finished English basement was built in 1931. All of the apartments are sun-filled, airy with generous, flexible floor plans and are set up as 2BR/3BR/2BR/ and 4 room finished basement with 1BA. Project annual income is $102K. Annual expenses are: Real Estate Taxes--$2,936; Insurance--$2,500; Water/sewer--$1,200; Fuel--$3,400.  It's a solid investment.

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Minutes from Manhattan and a gateway to the best of the rest northern Brooklyn offers, Williamsburg is trendy in all senses of the word. Boutique thrift shopping, waterfront food markets, exorbitant brunch cocktails — the works. Sitting along the East River, just over the bridge it shares a name with, Williamsburg is the image that first comes to mind for many when they think “Brooklyn.” Yet, while most probably only think of everything to do off the Bedford Avenue L as “Williamsburg,” the area encompasses so much. Williamsburg is huge. Not even mentioning the other eastward L stations, there’s an entire section of Williamsburg near Broadway (and beyond) under the JMZ tracks, plus more along the G train’s Union Avenue path. Because it spreads out so, the neighborhood is a lively and diverse one that genuinely transcends any one label that may pigeonhole it.

Williamsburg

8 Beds / 4 Baths / 2,508 Sq. Ft. / Miscellaneous

date	price	listing status
05/13/2015	$1,375,000	Sold
11/14/2013	$1,075,000	Sold
04/06/2006	$675,000	Sold

896 Flushing Avenue Williamsburg, Brooklyn, NY 11206

Williamsburg, Brooklyn, NY 11206

The Details

About this home

key features

Listing agent

Tom Le

about the building

about the building