Updated 12 hours ago

518 Meeker Ave

East Williamsburg, Brooklyn | North Henry Street & Humboldt Street

30 Rooms9 Beds11 Baths9,682 Square FeetIncome Property

floors / apts6 / 10
Lot Size50'x63'4"
Built Size50'x36'
Building TypeLow-Rise
RE Taxes$59,288
Price Per SF

Outdoor space and views

  • Balcony
  • Garden
  • Terrace
  • City Views
  • Skyline Views
  • Williamsburg Bridge

Building Amenities

  • Video Intercom
  • Elevator
  • Laundry Room
  • Roof Deck
  • Storage

Property Description for 518 Meeker Ave

10 Unit Elevator Building in Prime Williamsburg!

Ranging from studios to 3-beds and offering private outdoor space attached to most units, this building is an investor’s dream. All units include modern kitchen cabinetry, stainless steel appliances, large bedrooms with ample closest space, washer/dryer hookups, hardwood floors and an open layout. Multiple upgrades are available including utilizing the 10 extra-large income-producing storage units, a bike storage area, space for a gym, and updating the beautiful common rooftop that has incredible city views!

Ideally located right on the border of Greenpoint and Williamsburg, 518 Meeker Ave is walking distance to the L train at the Graham Av Station and the G Line at Nassau Av Station, and there is quick access to the Brooklyn-Queens Expressway a few blocks away. Greenpoint and Williamsburg are rich in vibrant culture and rental prices here have skyrocketed because of that. Brooklyn Steel and Warsaw music venues are nearby, Michelin-recognized restaurants like Lilia and Misi, Bonnie’s and Win Son, Fandi Mata and Pheasant are all walkable, as are McCarren, McGolrick and Cooper Parks. This is an incredible investment that will only continue to provide the new owner great returns, and will be delivered vacant.

518 Meeker is Rent-stabilized and will be delivered w/ 7 out of 10 units vacant. CAP Rate on current DHCR’s is 5.43%.

Listing History for 518 Meeker Ave

New Agency by Elina Brewer
The Agency
Back on the Market by Elina Brewer
The Agency

Building Details for 518 Meeker Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
Year Built2007
Financing Allowed90%
Learn More About the Building

Transit and Citi Bike


Graham Av
0.39 miles

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: 54437TH