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Limon Net Lease Group

Limon Net Lease Group

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147 Metropolitan Avenue

147 Metropolitan Avenue, Brooklyn, NY, USA Map
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Berry Ave & Metropolitan Ave, Near the Bedford Ave L Train Stop (25' x 75') - Contract to Close in Only 2 Weeks | $1,200 PSF, 25% Above Avg PSF, Buyer is Owner User, Zero Cash Flow | Sold $50K Above List

Listing Price $3,900,000

Status Closed
Lease Type N/A
Property Type Multifamily
GLA (Sq. Ft.) 4,370
State (BOR) Susan Bands
License # (BOR) 10301212832
Close Date Jun 25, 2021

Investment Highlights

  • Prime location in the Williamsburg Neighborhood in Brooklyn
  • Vacant building presents immediate value-add opportunity.
  • Vacant retail is approximately 1,875 SF with 1,250 SF cellar.
  • Vacant residential loft-unit is approximately 1,375 SF.
  • Excess floor area includes 2,375 SF of unused air rights.
  • Located near the Bedford Ave L Train Stop

Investment Overview

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

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