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$6,325,333
List price: $6,400,000
In Contract
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175 Skillman Avenue
Townhouse in Williamsburg •  building info
9bd • 9ba • 1,200 ft 2
List price

$6,400,000

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Key Details
Days on market
73
Last price change
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Estimated payment
$0
Taxes
$3,100
Monthly maintenance
N/A
Description
7 Unit Fully Leased New Development 175 Skillman is your opportunity to buy an exceptionally built brand-new investment property with immense upside potential. Perfect building for condo conversion: Unique loft-style condo-quality units make 175 Skillman effortlessly stand out from every other new development and highly desirable to buyers & renters alike. Every detail has been carefully designed and executed with maximum returns in mind using soaring ceilings and private outdoor spaces for each unit to max out income potential while staying within the buildable sqft. Every unit is unique making 175 Skillman ideal for an array of end users with different wants and needs in their new homes. -Two penthouse duplexes with double height ceilings each boast their own massive private roof decks with unobstructed NYC views -Two lower units also get their own private roof decks with the same unobstructed NYC views -Two ground floor duplexes have access to sizable private yards -Some lower units also boast balconies while another has nearly double height ceilings -Every unit is flooded with natural light and boasts private outdoor space, washer/dryer in unit, dishwasher, central air, red oak hardwood floors, White Carrara quartz counter tops & imported Italian solid wood cabinetry -Basement area features additional storage spaces for residents Impeccably built & fully leased building is being offered close to cost to buy/develop while being completely turnkey & giving immediate returns with an NOI of +$248k. Contact listing agent for more details and offering memorandum.

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Amenities
LISTING AMENITIES
  • Balcony
  • Storage
  • Terrace
  • City View
  • Roof Deck
History
What it'll cost
Purchase price
$6,400,000
Asking Price: $6,400,000
Term
30 Years
Down Payment
$0 (10%)
Min: 10% (0)
Rate
8.0 %
Mortgage Amount
$0
Mortgage Payment
$0
Taxes
$3,100
Estimated Yoreevo rebate

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Estimated closing cost
Total monthly cost $0
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