467 Keap St Brooklyn, NY 11211

This exceptional ten-story, 77,664 square foot mixed-use building in prime Williamsburg, Brooklyn offers a compelling investment opportunity. Boasting 30 units (29 residential lofts with 20-foot ceilings and 1 commercial unit), this 2009-constructed property enjoys 100% occupancy. Six residential units are designated as affordable housing. The building features a newly vacant 9,500 square foot commercial space, currently seeking $28,000/month in rent. Three levels of parking (60 spots) generate substantial monthly income, with potential for expansion by 6,985 square feet. Additional amenities include cellar storage and a loading dock. The property sits on a 16,951 square foot lot (96.08' x 183.33') and benefits from a 25-year 421A tax abatement expiring in July 2038. The building currently generates a gross annual income of $2,039,498.76 and a net annual income of $1,763,665.18. The legal gross annual rent for residential units totals $1,318,460, with potential for increased revenue from the commercial space, reaching a total gross income of $2,154,860.76. The property is zoned M1-2/R6, MX-8. This is a rare chance to acquire a high-performing asset in a highly desirable location.