4-Unit Mixed-Use Commercial/Residential 4-Story Building in Williamsburg

Building is vacant. Units are free market and have their own electric and gas meters. Low taxes. Ideally situated 3 min to the G, M, L, J and Z subway trains. Excellent foot traffic.

Suited for conversion; i.e., art gallery/event space and luxury rentals. Property sold 'as-is' with shed scaffolding in place; new owner may cancel scaffolding contract after closing or assume current contract.

The original approved plans and uses for this building were obtained prior to January 1, 1938 and since this date there has not been any changes to the buildings' use. NYC DOB did not and does not require a Certificate of Occupancy for this building.

Approx. monthly rent roll in current configuration:

Unit 1: $5000+ (Ground floor commercial w. full basement)
Unit 2: $3250+ (Currently configured as a photo studio/artist studio)
Apt. 1: $3450+ (3BR & 1 bath - full floor apartment)
Apt. 2: $3550+ (3BR & 1 bath - full floor apartment)

Built in late 1800s, this 20-foot-wide building is four stories tall and configured as two floor-through apartments, each with three bedrooms and one bathroom with the potential to subdivide. There is one second floor office space (Unit 2) and a ground floor commercial space with full basement storage (Unit 1).

Lot: 20.33 76.42 ft. Building: 20.33 65.00 ft.Building square footage: 5285 est.Lot square footage: 1554 est. Building Class: S9 Primarily One to Six Families with Stores or Offices

Showings by appointment only. 24 hour notice requested.

Property Details of 233 South 3rd Street, Unit NA

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Listed by Michael Smith of Corcoran Group

Based on information submitted to REBNY as of May 21, 2022 6:39 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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