Property Description

01 Gut-renovated townhouseA redeveloped three-story walk-up taken to the studs and body envelope -mechanical systems, kitchens, baths, and facadesrebuilt.02 Free-market income with embedded value-add upsideEvery unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up.03 R6 zoningA moderate-density district permitting as-of-right expansion, rare among Williamsburg's low-rise, three-family townhouse stock.04 Transit at the cornerThe L/G at Lorimer Street and Metropolitan Avenue is roughly 0.1 miles away -Transit Score 96, Walk Score 99.05 At the epicenter of NYC's most sought-after live/work/play neighborhoodNorth Williamsburg - world-class restaurants, celebrated cocktail bars, waterfront parks, and a thriving creative economy that continues to set the standard for urban living.06 A lean carry$6,397 in annual real estate taxes under holds operating cost well below the borough norm.

Property Features

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