Prime opportunity to own an ideally-located mixed-use property in vibrant Williamsburg,only 3 blocks from the G and L trains! The 3-story brick building is 25 ft. wide by 57 ft. deep,with entrances on both South 1st Street and Borinquen Place. Currently built 25 x 35,offering 2 spacious,newly-renovated 2-bedroom apartments (1,750 sq. ft.) over a large ground-floor commercial/retail space (875 sq. ft.) with curb cut. This is an excellent investment,all units are occupied,contact me for rent details. Additional available square footage may be utilized to create an amazing triplex apartment as well with a roof terrace and parking space or store for income. Built in 1899,with 2,625 total sq. ft.,R6 zoning,a floor area ratio of 2.43,and an allowable usable floor area of 2,977 sq ft. Annual taxes are $7,869.

Property Details of 375 South 1st Street, Unit NA

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Listed by Patricia Vance of Douglas Elliman Real Estate

Based on information submitted to REBNY as of May 18, 2022 5:49 AM 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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