427 Metropolitan Avenue, Brooklyn, NY 11211
- $4,390,000
- 8
- BD
- 6
- BA
- List Price
- $4,390,000
- Days on Market
- 0
- MLS#
- 1042058
- Status
- ACTIVE
- Property Type
- Triplex
- Year Built
- 1901
- Property Tax
- $6,318
- School District
- Brooklyn 14
- High School
- Williamsburg Hs-Art-Tech
- Jr. High
- Conselyea Prep School
- Elementary School
- Ps 17 Henry D Woodworth
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
- Bedrooms
- 8
- Bathrooms
- 6
- Full Baths
- 6
- Acres
- 0.03
- Parking
- None
- Basement
- Full, Partially Finished, Storage Space
- Heating
- Electric
- Cooling
- Electric
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Luo Sheng Chen (nchen@l3-capital.com) from Listing Office: YC Capital Group LLC.
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