$1,050,000
Updated 10 years ago
Sold

159 Maujer Street

East Williamsburg, Brooklyn | Graham Ave & Manhattan Ave

Rental Property

$1,050,000
floors / apts3 / 3
Lot Size25'x100'
Built Size25'x45'
ZoneC4-3
Building TypeLow-Rise
RE Taxes$3,888

Listing Features

  • Gas Heat

Outdoor space and views

  • Garden

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 159 Maujer Street

> This special VACANT 6 Family Brick Townhouse in hot Williamsburg is waiting foryou. > Built at the turn of the century, the 25 x 45 three story property is situation on 25 x 100 lot. > Its solid structure and well maintained premise by one owner for the last 35 years in addition to updated structure such as repointed facade, new rubberized roof and brought in 220 electrical service will be a greatvalue for investment. > There is an additional 5,000 sqft (appr) of FAR left to extend or build up. > The neighborhood is going through a tremendous amount of development and property value continues to go up. > Public transportation, amenities, shopping and trendy dining are all within 4 blocks. > Estimated annual expenses are: R.E. > Taxes -- $3,897; Insurance -- $3080; Fuel (gas) -- $5821; Water/Sewer -- $443. > Projected market rent for each apartment can be $1200-$1400.

Listing History for 159 Maujer Street

Now
09/28/2006
Sold and Closed by Tom Le
Corcoran
06/06/2006
Contract Signed by Tom Le
Corcoran

Building Details for 159 Maujer Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Grand St
0.2 miles
Graham Av
0.25 miles
Montrose Av
0.32 miles
Lorimer St
0.38 miles
Metropolitan Av
0.4 miles

Citi Bike

Graham Ave & Grand St
0.06 miles
Leonard St & Maujer St
0.15 miles

Contact Agent

Contact Agent

Tom Le
Corcoran

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

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: 23364TH