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390 Broadway

2 Unit Apartment Building $1,699,999 ($850,000/Unit) Brooklyn, NY 11211

Investment Highlights

  • Excellent Location
  • Renovated in 2020
  • Heavy Traffic

Executive Summary

The mixed-use building at 390 Broadway in Williamsburg, Brooklyn, NY 11211, constructed in 1920, features two one-bedroom apartments and two commercial storefronts. Recently renovated throughout, the property is currently listed for sale at $1,699,900.

Situated in the vibrant Williamsburg neighborhood, the building benefits from a high-traffic area, enhancing its appeal for both residential tenants and commercial enterprises. The property's recent renovations ensure modern amenities and finishes, making it an attractive investment opportunity.
For more detailed information or to schedule a viewing, please contact the listing agent, Juan R. Loubriel, at Realty Executives LAR Group.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,699,999
Price Per Unit $850,000
Sale Type Investment
Sale Conditions Ground Lease (Leasehold)
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.03 AC
Building Size 1,301 SF
Average Occupancy 75%
No. Stories 3
Year Built/Renovated 1920/2020
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02153-0013
Land Assessment
$10,860 (2024)
Improvements Assessment
$69,780 (2024)
Total Assessment
$80,640 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code R6 (The building is classified under the "Primarily Two Family with One Store or Office (S2)" category, indicating its mixed-use nature)
R6 (The building is classified under the "Primarily Two Family with One Store or Office (S2)" category, indicating its mixed-use nature)
  • Listing ID: 34101522

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 390 Broadway, Brooklyn, NY 11211

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