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671-673 Metropolitan Ave
Williamsburg, Brooklyn | Leonard Street & Manhattan Ave
Income Property
$5,500,000
$5,500,000
Updated 9 years ago
Off Market

671-673 Metropolitan Ave

Williamsburg, Brooklyn | Leonard Street & Manhattan Ave

Income Property

$5,500,000
floors / apts2 / 4
Building TypeTownhouse
RE Taxes$5,600

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 671-673 Metropolitan Ave

This listing is brought to market exclusively by Vittorio Faricelli of Citi Habitats. Please contact Vittorio Faricelli directly with any questions. Heres an opportunity to own two adjacent 2-family townhomes in a packaged deal!These two family homes have just been fully renovated and each include a full, finished basement and a lovely private garden which is great for outdoor entertaining & summer BBQ's! Each house consists of spacious 4 bedroom duplex that includes a private outdoor space, with a 3 bedroom apartment above it. All of the units are super spacious and have fantastic layouts. Both properties have been beautifully designed with modern kitchens, granite counter tops, dark hardwood floors, stainless steel appliances and more.This deal is so versatile and can be ideal for several different types of buyers. You can live in one full house while renting out the other and collecting strong rental income. Or you can rent both properties out as they currently are generating a whopping $25,200 a month, collectively ($302,400 annually). Taxes and expenses for the property are minimal.Also, the property has additional buildable square footage, as the FAR for the property is 4 so there is certainly potential to put a brand new and larger structure on the lot.Call or email today for more information and to set up an appointment!

Building Details for 671-673 Metropolitan Ave

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts2/4
Learn More About the Building

Transit and Citi Bike

Subway

Graham Av
0.13 miles
Lorimer St
0.2 miles
Metropolitan Av
0.28 miles
Grand St
0.36 miles

Citi Bike

Manhattan Ave & Devoe St
0.07 miles
Graham Ave & Conselyea St
0.12 miles

Contact Agent

Contact Agent

Vittorio Faricelli
Corcoran

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 68632TH
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