75' Wide Five Building Package

Description:

A package of five buildings on one lot. The property has five apartments and a corner commercial space on the ground floor. All the units are free market and delivered vacant. The apartments are four three-bedroom units and one unit is a one-bedroom apartment over the store.

The property is a prime investment opportunity, an investor can always rent out the apartments at full market value. The units have been renovated with new full kitchen and bathroom, nice wood floors and beautiful expose brick walls. There will always be a strong demand for the units since each apartment is a separate building and is close to the A & C trains and Fulton Street.

The building is a prime user opportunity, a user can use the commercial space as a store or office to have their business live in two units and rent out the other three apartments. The property also makes a great development opportunity, a developer can duplex the top floor by adding on the 1,800 square feet of air rights and then separate the tax lots and sell the five buildings individually.

 


The property is in an area that under a lot of development and close to all modes of transportation. The A and C train is on Ralph & Fulton Street within 10-15 minutes the new owner or owners will be in the city. The building has great residential exposure the units get great sunlight. The corner commercial space has great commercial exposure and would be great for any retail or office use.