576 Williams Ave, Brooklyn, NY 11207
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.