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PICTURES ARE LOADING...

Apartment & condo for sale in Williamsburg

United States > New York > New York > Brooklyn > Williamsburg
USD 481,000

Apartment & Condo (For sale)

1 ba
481 sqft
Reference: EDEN-T102068270 / 102068270
COMMERCIAL CONDO FOR SALE. Very rare opportunity to own a commercial condo in Williamsburg. Presently designed as a wine bar, this street-level space could accommodate many successful uses. It boasts high ceilings, an ADA bathroom, a fully functional bar with dishwasher, glass racks, sinks, reach-in refrigerator, and a storage room with an ice machine and freezer. The 16 feet of frontage along Metropolitan Avenue is less than a block from the extremely popular Lorimer stop on the L. This format could be easily adapted into a coffee bar, a speakeasy, or using the installed plumbing to create a hair salon. As an investor, this commercial condo offers the opportunity to reap rewards. The wine bar paid market rent plus the low common charges and RE taxes, which is standard, providing a return on investment of over 10%. New tenants will be attracted to the prime location, the excellent condition of the space, the lack of key money required, and the opportunity to start a new lease with new terms. For an end-user, the location is ideal to begin a new business for the price many establishments charge for key money. Ready to show any time. View more View less COMMERCIAL CONDO FOR SALE. Very rare opportunity to own a commercial condo in Williamsburg. Presently designed as a wine bar, this street-level space could accommodate many successful uses. It boasts high ceilings, an ADA bathroom, a fully functional bar with dishwasher, glass racks, sinks, reach-in refrigerator, and a storage room with an ice machine and freezer. The 16 feet of frontage along Metropolitan Avenue is less than a block from the extremely popular Lorimer stop on the L. This format could be easily adapted into a coffee bar, a speakeasy, or using the installed plumbing to create a hair salon. As an investor, this commercial condo offers the opportunity to reap rewards. The wine bar paid market rent plus the low common charges and RE taxes, which is standard, providing a return on investment of over 10%. New tenants will be attracted to the prime location, the excellent condition of the space, the lack of key money required, and the opportunity to start a new lease with new terms. For an end-user, the location is ideal to begin a new business for the price many establishments charge for key money. Ready to show any time.
Reference: EDEN-T102068270
Country: US
City: Brooklyn
Postal code: 11211
Category: Residential
Listing type: For sale
Property type: Apartment & Condo
Property size: 481 sqft
Rooms: 5
Bathrooms: 1

SIMILAR PROPERTY LISTINGS

SALE PRICE PER SQFT IN WILLIAMSBURG

Average sale price per sqft
Oct 2023
3 months
1 year
House
-
-
-
Apartment
USD 1,478
-
+8.2%
* Average listing price
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All homes for sale »

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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