Mixed-Use Brick Building with
524 Metropolitan Avenue Brooklyn, NY 11211
New
For Sale
Contact for pricing
Pending
Fully occupied, recently renovated 22-unit mixed-use brick building with residential apartments above a leased restaurant.
Days on Market3
Property Features for 524 Metropolitan Avenue
General Information
- Standard status
- Pending
- Property subtype
- Multifamily, Mixed Use
Listing Agency:
JLL - New York City, New York
(212) 376-5449
Listed By:
Brendan Maddigan · License #NY 10301206472
Source:
Crexi
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 22 at 9:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
This fully occupied, recently renovated 22-unit brick mixed-use building is offered for sale. The residential component includes fifteen (15) two-bedroom apartments and five (5) one-bedroom apartments. The ground-floor commercial space is leased to restaurant Yola’s Café, and additional income is generated through sign space leased to Colossal Media.
The property is located within 100 feet of the L and G train station at Metropolitan Avenue / Lorimer Street. The surrounding area is home to neighborhood hotspots including Union Pool, Barcade, Sugarburg, Suzume, and the Blind Barber. Across the street, Chetrit Group’s 500Metro hotel development further supports activity in the corridor.
The building currently generates nearly $757,000 in gross annual revenue.
The property is located within 100 feet of the L and G train station at Metropolitan Avenue / Lorimer Street. The surrounding area is home to neighborhood hotspots including Union Pool, Barcade, Sugarburg, Suzume, and the Blind Barber. Across the street, Chetrit Group’s 500Metro hotel development further supports activity in the corridor.
The building currently generates nearly $757,000 in gross annual revenue.
Key Highlights
- Fully occupied 22‑unit brick mixed‑use building at 524 Metropolitan Avenue in Williamsburg, Brooklyn
- Residential mix: 15 two‑bedroom apartments and 5 one‑bedroom apartments above a leased restaurant
- Leased restaurant space: Yola’s Café; additional sign space leased to Colossal Media
Property Analytics
Location Intelligence
Current Use by Public Records
London Tandoori
Restaurant
Indian Flavor
Restaurant
Industrias N LLC
Film Production
FAQs
What type of property is this?
Apartment building - Fully occupied, recently renovated 22-unit mixed-use brick building with residential apartments above a leased restaurant.
Where is this apartment building located?
The property is located at 524 Metropolitan Avenue Brooklyn, NY.
What are key features of this property?
This property features: Fully occupied 22‑unit brick mixed‑use building at 524 Metropolitan Avenue in Williamsburg, Brooklyn; Residential mix: 15 two‑bedroom apartments and 5 one‑bedroom apartments above a leased restaurant; Leased restaurant space: Yola’s Café; additional sign space leased to Colossal Media
