For Sale
$1,370,000

576 Williams Ave Brooklyn, NY 11207

Newly renovated 4-family, high-potential income.

Overview

Added:
Dec 11, 2024
Days on market:
133
This stunning, newly and gut-renovated four-family property is located in the heart of Brooklyn, NY, at 576 Williams Ave, zip code 11207. The property sits on a 0.06-acre lot and offers a significant investment opportunity. The building features a fully finished basement with high ceilings, equipped with four boilers, four hot water tanks, security cameras, four gas meters, and five electric meters. The basement also boasts two entrances and is currently vacant, presenting a unique opportunity for additional income generation or expansion. The first floor contains a vacant, fully renovated two-bedroom, one-and-a-half-bathroom apartment. The second floor comprises two apartments: a fully renovated three-bedroom, two-bathroom unit currently occupied by a paying tenant, and a vacant, fully renovated three-bedroom, two-bathroom unit. Another fully renovated three-bedroom, two-bathroom apartment is also located on the second floor and is currently vacant. The roof is in good condition. This exceptional property enjoys a prime location, offering convenient access to subway lines, MTA buses, highways, supermarkets, restaurants, and parks. The asking price is $1,370,000. This is a rare opportunity to acquire a high-yield, well-maintained mixed-use property in a thriving Brooklyn neighborhood.

Highlights

  • Gut-renovated four-family in prime Brooklyn location (576 Williams Ave, 11207).
  • 0.06-acre lot, $1,370,000 asking price.
  • Fully finished basement with four boilers, four hot water tanks, security cameras, and multiple meters; two entrances; currently vacant.
  • First floor: vacant, renovated 2BR/1.5BA.
  • Second floor: one occupied 3BR/2BA, two vacant 3BR/2BA units.
  • Good roof condition.

Property Details for 576 Williams Ave

Property type
Mixed-use properties
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Brooklyn
County
36047
State
New York
Latitude
40.6616456
Longitude
-73.8973851

FAQs

What type of property is this?
Mixed-use property - Newly renovated 4-family, high-potential income.
Where is the mixed-use property located?
The property is located at 576 Williams Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,370,000.
What are key features of this property?
This property features: Gut-renovated four-family in prime Brooklyn location (576 Williams Ave, 11207).; 0.06-acre lot, $1,370,000 asking price.; Fully finished basement with four boilers, four hot water tanks, security cameras, and multiple meters; two entrances; currently vacant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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576 Williams Ave
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