$3,800,000
Updated 4 years ago
Off Market

854-856 Flushing Ave

East Williamsburg, Brooklyn | Garden Street & Bushwick Ave

2 Rooms6 Beds3 Baths5,800 Square FeetMixed Use

$3,800,000
floors / apts3 / 2
Lot Size40'x86'
Building TypeTownhouse
RE Taxes$23,387
Price Per SF
$655

Building Amenities

  • Voice Intercom

Property Description for 854-856 Flushing Ave

Rare chance to own a major income-producing mixed-use property in prime Williamsburg. This 3 Unit building is currently being used as Laundromat on the ground floor and 2 apartments above. With building dimensions of 40 x 86 on the 1st floor for commercial units. 20 x 60 on the 2nd and 3rd floor for 3-bedroom apartments. Heat and hot water are all separated. This sun-drenched favorable R6A, C2-4 zoned. Solid double lot property sits on a 40' X 86' Lot with FAR of 3 yielding up to 9081 buildable. Great opportunity for any savvy investor or developer to build boutique condos or highly income-yielding rental units. A short distance to J and M trains at Broadway and Woodhull Medical Center, within a short distance to tons of restaurants, cafes and supermarkets. Sold as a package deal with 856 Flushing Avenue.

Listing History for 854-856 Flushing Ave

Now
07/29/2022
POM by Chun Ying Chen
Homemax Realty
06/20/2022
New Agency by Allen Luo
Homemax Realty

Building Details for 854-856 Flushing Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Flushing Av
0.21 miles
Myrtle Av
0.31 miles
Morgan Av
0.39 miles
Montrose Av
0.45 miles

Citi Bike

Bushwick Ave & Forrest St
0.08 miles
Beaver St & Fayette St
0.1 miles

Contact Agents

Contact Agents

Chun Ying Chen
Homemax Realty
Allen Luo
Homemax Realty

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: 60124TH