317 Manhattan Avenue,
Brooklyn,
NY
11211
Fantastic Dream Location! This property is situated a block from the Graham Ave L train station. It is just 2 short blocks away from Lorimer L and Metropolitan G train stations; 6 blocks from McCarren Park; only 4 blocks from Cooper Park; surrounded by trendy restaurants, bars, coffee shops, galleries and stores, including Lella Alimentari, Mesa Coyoacan, Montesacro, Kings Co Imperial, Lilia, Talea, Beco, Fandi Matta, and more!
Ideal location makes it a great investment asset with amazing upside potential. Unit 1 is setup as a railroad style one bedroom with private outdoor space. Units 2 & 3 are also setup as railroad style apartments each with one bedroom and two offices that can be flexed as a baby room and/or walk-in closet.
All appliances and toilet fixtures have been recently replaced. First and second floor units have beautifully refurbished dark walnut hardwood floors. The top floor has brand new white oak floors.
The annual rent roll is $138,540. We also have 4.5 years remaining on a 3.75% interest only loan for $1,836,000 that can be assumed.
Building: 20 50 ft
Building SF: 3,000 above grade and 1,000sf below grade unfinished basement
Lot: 40 50 ft
Lot SF: 2,000
Zoning: R6A/R7B
FAR: 2.0; 4.0
Remaining above grade BSF: 2,500 (can be used on vacant lot where garage is currently situated)
RE Taxes: $4,832/Yr
AMAZING Investment Opportunity!
Call TODAY for a Full Set Up!
Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
