576 Williams Ave Brooklyn, NY 11207

Property Details for 576 Williams Ave

Lot size

0.06 lot acres

Property type

Commercial real estate

Description

This stunning, newly and gut-renovated four-family property is located in the heart of Brooklyn, NY, at 576 Williams Ave, zip code 11207. The property sits on a 0.06-acre lot and offers a significant investment opportunity. The building features a fully finished basement with high ceilings, equipped with four boilers, four hot water tanks, security cameras, four gas meters, and five electric meters. The basement also boasts two entrances and is currently vacant, presenting a unique opportunity for additional income generation or expansion. The first floor contains a vacant, fully renovated two-bedroom, one-and-a-half-bathroom apartment. The second floor comprises two apartments: a fully renovated three-bedroom, two-bathroom unit currently occupied by a paying tenant, and a vacant, fully renovated three-bedroom, two-bathroom unit. Another fully renovated three-bedroom, two-bathroom apartment is also located on the second floor and is currently vacant. The roof is in good condition. This exceptional property enjoys a prime location, offering convenient access to subway lines, MTA buses, highways, supermarkets, restaurants, and parks. The asking price is $1,370,000. This is a rare opportunity to acquire a high-yield, well-maintained mixed-use property in a thriving Brooklyn neighborhood.