Cap Rate: 5%
Current Annual Income: $150K
This Mixed Use building built in 1910 is located on the corner of Havemeyer and North 6th St in PRIME Williamsburg which features a restaurant, two residential units, and a three car garage. 52 Havemeyer Street is one block west of the BQE and two blocks from the Bedford Ave L train stop. Short distance to all the necessary amenities like Whole Foods, local coffee shops, hair salons, and entertainment.
Unit 1- Top Floor : 1 Bedroom/ 1 Bathroom w/ home office floor-through apartment
Unit 2- 2nd Floor : 2 Bedroom/ 1 Bathroom w/ split bedroom layout floor-through apartment
First Floor/ Basement: Restaurant
The approximate footage total: 4,290 SF
Basement: 730 SF
Ground floor: 1070 SF
2nd floor: 1070 SF
3rd floor: 844 SF
Garages: 576 SF
Zoning = R6A
Lot Size = 1,988 Sq Ft. ( 25 X 79.5 FT)
Neighborhood: Williamsburg is one of the most desirable neighborhoods in Brooklyn. Well known for its hipster vibe with an array of indie music performances, gallery shows and shops run by local artisans. Distilleries and wineries show off the neighborhood’s flair for locally made spirits, while Smorgasburg packs in creative food vendors along the riverfront on summer Saturdays. Williamsburg is one of the City’s most exciting nightlife neighborhoods too, with many of NYC’s trendiest restaurants and clubs.