213 Johnson Ave Brooklyn, NY 11206-2743
- Investment properties
- 4,500 SF
- 0.05 lot acres
Current Use by Public Records
- La Nueva Esperanza / Social Services Organization
- American Industrial Film Production / Video Production Service
Property Details for 213 Johnson Ave
- Year built
- 2001
- Lot size
- 0.05 lot acres
- Property size
- 4,500 SF
- Zone code
- R6
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 03063-0033
- APU
- 30630033
Description
This exceptional three-story mixed-use building in Williamsburg, Brooklyn offers a compelling investment opportunity. The property boasts 4,500 square feet of space, encompassing four 1-bedroom/1-bathroom residential units and a first-floor commercial space currently operating as a counseling office. Each residential unit features hardwood floors, and the potential exists to convert them into two-bedroom units, increasing rental income. The commercial space includes a reception area, a main office, and five additional private offices, along with 1,000 square feet of basement storage and backyard access. The building's mechanical systems are well-maintained, with electrical and plumbing updated in 2002, two gas heating boilers installed in 2002, and recently replaced water heaters. A 24/7 surveillance system and a six-year-old roof (resurfaced this year) enhance security and peace of mind. The building is constructed of brick with vinyl siding, and features six gas and electric meters. Situated on a 2,383 square foot lot (23.83 x 100 ft), the building itself measures 23.83 x 60 ft. The R6 zoning allows for a maximum FAR of 2.43 (current FAR is 1.89). The property enjoys 100% occupancy and is conveniently located near the L, J, M, and G subway lines. This versatile property presents a rare chance to capitalize on both residential and commercial rental markets in a thriving Brooklyn neighborhood. All information is deemed reliable but should be independently verified.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $576,000
Market price range: $280k - $576k
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9412
- Latitude
- 40.707
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA