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335 S 2nd St
Brooklyn, NY 11211 Williamsburg

$4,750,000 USD

Apartments For Sale • 20,700 SF

Property Details

Property Type Apartments
Total Building Size 20,700 SF
Lot Size 0.1 AC
Building Class C
Year Built 1926
Cap Rate 8.55 %
Zoning R6/C2-3

100 Transit Score

98 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!! 8.55 Cap 100% Occupied 25 Unit Mixed-Use Building In Williamsburg For Sale!!! 
                            
                                 The Building Features Excellent Signage, Great Exposure, 5 Stores, 6 Parking Spaces, High 10’ Ceilings, Strong R6/C2-3 Zoning, +++!!!
                            
                                The Building Has 345+ Feet Of Wrap-Around Frontage On Busy S. 2nd Street, Borinquen Place & Keap Street!!! 
                            
                                The Property Is Located In The Heart Of Williamsburg 1 Block Off I-278 & Just Minutes From The Williamsburg Bridge!!! 
                            
                                Neighbors Include Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, +++!!!
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $406,277 USD (2023)

Cap Rate:	8.55 %
Total Expenses:	$220,391 USD

Amenities

24 Hour Access
Security System
Storage Space
On-Site Retail
Ceiling Fans
Views
Carpet
Bicycle Storage
Maintenance on site
On-Site ATM
Basement
Den
Dining Room
Freezer
Vinyl Flooring
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	8 min	-	3.0 mi
Long Island City Station (Hempstead Branch - Long Island Rail Road)	10 min	-	3.1 mi
Transit/Subway	Drive	Walk	Distance
Metropolitan Avenue (G - New York MTA Subway (The Subway))	1 min	5 min	0.3 mi
Marcy Avenue (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	1 min	5 min	0.3 mi
Hewes Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	1 min	6 min	0.4 mi
Lorimer Street (L Line) (L - New York MTA Subway (The Subway))	1 min	7 min	0.4 mi
Broadway (G Line) (G - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Airport	Drive	Walk	Distance
Laguardia	15 min	-	7.2 mi
John F Kennedy International	24 min	-	13.1 mi
Newark Liberty International	25 min	-	14.6 mi

Matthew Shane 516-279-8828 All Island Commercial

335 S 2nd St Brooklyn, NY 11211 Williamsburg