- For Sale $31,500,000
- Property Type Mixed Use
- Property Size 77,664 SF
- Units 30
- Lot Size 0.39 Acre
- # of Floors 10
- Property Tenancy Multi-Tenant
- Year Built 2009
- Date Updated Apr 15, 2024
- Website evergreenrealtyandinvestments.com
Ainslie Tower is a ten-story, thirty-unit elevator apartment building built in 2009.
- This mixed-use building boasts twenty-nine residential units, all of which are occupied lofts with 20 foot ceilings. - Six apartments are affordable housing units. - The building has one commercial unit, a newly vacant 7,310 square foot store with an elevator asking $28,000/month. - The building also has cellar storage space and a loading dock. - Three levels of parking that bring in monthly rental income. - There is potential to add 6,985 more square feet of parking on the second floor roof. - The building measures 77,664 total square feet and sits on a lot measuring 96.08’ x 183.33’. - The building currently brings in a gross annual income of $2,003,137.56 and a net annual income of $1,727,303.98. - The legal gross annual rent for the residential units amounts to $1,318,460. When combined with the commercial income, the property has the potential to achieve a total gross income of $2,106,860.76 - The building has a 421A exemption that lasts until July 2038. This is an excellent opportunity to earn steady rental income in prime Williamsburg.
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Attachments
Highlights
- 25-YEAR 421A TAX ABATEMENT
- 100% OCCUPIED
- 30 UNITS IN PRIME WILLIAMSBURG
- 60 PARKING SPOTS
False
Contacts
Daniel Barcelowsky
Evergreen Realty & Investments
(646) 373-7944
Location
Getting Around
-
Walk Score ®
Walker's Paradise (98) -
Transit Score ®
Rider's Paradise (100) -
Bike Score ®
Biker's Paradise (91)
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11211
- Market Brooklyn
Points of Interest
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Metropolitan Avenue
0.06 miles
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Lorimer Street
0.14 miles
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Bedford Avenue
0.38 miles
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Bedford Av Subway Station L line
0.42 miles
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Marcy Avenue
0.43 miles
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Hewes Street
0.43 miles
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Graham Avenue
0.44 miles
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Broadway
0.50 miles
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Grand Street
0.63 miles
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Lorimer Street
0.70 miles
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BP
0.58 miles
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Tesla Supercharger
0.64 miles
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Sunoco
0.67 miles
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ChargePoint
0.89 miles
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BP
1.00 miles
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BP
1.00 miles
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BP
1.00 miles
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Citgo
1.01 miles
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Gulf
1.08 miles
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BP
1.12 miles
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NYPD Brooklyn Tow Pound
1.65 miles
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Sunny
1.75 miles
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FDNY Fleet Services
1.84 miles
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MMP Parking LLC
1.86 miles
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Village View Parking Area 3
1.88 miles
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Park Kwik
1.89 miles
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Skyport
1.90 miles
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Delancey & Essex Municipal Garage
1.92 miles
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MPG
1.96 miles
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Waterside Plaza Parking
2.04 miles
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Whole Bowl
0.06 miles
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Kellogg's Diner
0.06 miles
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London Tandoori
0.09 miles
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Dunkin'
0.10 miles
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Yummy Yummy in my Tummy
0.12 miles
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M Noodle Shop
0.13 miles
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Chimu
0.13 miles
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Santos Anne
0.14 miles
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Cheers Thai
0.15 miles
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Cafe Argentino
0.15 miles
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Williamsburg Northside Lower School
0.13 miles
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Harry Van Arsdale High School
0.22 miles
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Public School 19
0.23 miles
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Public School 319
0.24 miles
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Middle School 577
0.27 miles
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Public School 17
0.29 miles
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Saint Marys School
0.33 miles
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Public School 18
0.33 miles
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Public School 132
0.37 miles
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School Settlement Association
0.39 miles
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Williamsburg Northside Preschool
0.38 miles
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ABC Child Center
0.79 miles
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Simcha Tots
1.25 miles
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Our Children The Leaders of Tomorrow
1.26 miles
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Oasis Downtown Day Camp
1.45 miles
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Little Lola & Tots
1.55 miles
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Friends of Crown Heights Educational Center
1.59 miles
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All My Children Daycare & Nursery
1.65 miles
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Carousel Children's Center
1.66 miles
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The Child Study Center of New York
1.70 miles
Contact Listing Broker
Daniel Barcelowsky
Evergreen Realty & Investments
(646) 373-7944
