$2,500,000
Updated 7 years ago
Off Market

553 Meeker Ave

Williamsburg, Brooklyn | Russell Street & North Henry Street

4,600 Square FeetIncome Property

$2,500,000
floors / apts3 / 7
Lot Size23'x85'
ZoneR6
Building TypeLow-Rise
RE Taxes$8,520
Price Per SF
$543

Building Amenities

  • Voice Intercom

Property Description for 553 Meeker Ave

Substantial Price Break!! Owner is extremely motivated and listening to all offers. Offering 553 Meeker Ave, a 12 unit mixed use corner building with development opportunity. This building is currently operating with a positive cash flow, located in Greenpoint, sandwiched between the Graham Ave and Nassau Ave subway stations.The building's footprint is currently 23 X 50 with the opportunity to be increased by 3,321 feet. Adding the additional square footage to the property only makes this sweet deal even sweeter. If utilize the facility FAR you can develop the building to 15,383 sq ft. Currently boasting 4600 sq ft, this property is surrounded by numerous restaurants, cafes, shopping and art galleries. 11 of the 12 units are currently occupied. Please contact listing broker for property set up, showing request and property offering memorandum.

Listing History for 553 Meeker Ave

Now
10/31/2019
POM by Bryan Ecock
Douglas Elliman
09/26/2019
Back on the Market by Bryan Ecock
Douglas Elliman

Building Details for 553 Meeker Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts3/7
Learn More About the Building

Transit and Citi Bike

Subway

Graham Av
0.46 miles
Nassau Av
0.49 miles

Citi Bike

Monitor St & Meeker Ave
0.06 miles
Engert Ave & McGuinness Blvd
0.13 miles

Contact Agent

Contact Agent

Licensed As
Bryan Ecock
Associate Broker
License#:
10301215997
Company:
Douglas Elliman
Bryan Ecock
Douglas Elliman

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. 

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: 75597TH