427 Metropolitan Avenue, Brooklyn, NY 11211

$4,390,000
8
BD
6
BA

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List Price
$4,390,000
Status
ACTIVE
MLS#
1042058
Year Built
1901
Bedrooms
8
Bathrooms
6
Acres
0.03

Property Description

01 Gut-renovated townhouse A redeveloped three-story walk-up taken to the studs and body envelope —mechanical systems, kitchens, baths, and facadesrebuilt. 02 Free-market income with embedded value-add upside Every unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up. 03 R6 zoning A moderate-density district permitting as-of-right expansion, rare among Williamsburg's low-rise, three-family townhouse stock. 04 Transit at the corner The L/G at Lorimer Street and Metropolitan Avenue is roughly 0.1 miles away —Transit Score 96, Walk Score 99. 05 At the epicenter of NYC’s most sought-after live/work/play neighborhood North Williamsburg - world-class restaurants, celebrated cocktail bars, waterfront parks, and a thriving creative economy that continues to set the standard for urban living. 06 A lean carry $6,397 in annual real estate taxes under holds operating cost well below the borough norm.

Additional Information

Taxes
$6,318
Lot Size
1,423
Interior Features
High Ceilings
Heating
Electric
Cooling System Type
Electric
Sewer
Public Sewer
Water Source
Public
Basement
Full, Partially Finished, Storage Space
Elementary School
Ps 17 Henry D Woodworth
Middle School
Conselyea Prep School
High School
Williamsburg Hs-Art-Tech

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Listing courtesy of Listing Agent: Luo Sheng Chen (nchen@l3-capital.com) from Listing Office: YC Capital Group LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.