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$12,740,000
List Price: $13,000,000
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319 Broadway
Townhouse in Williamsburg •  building info
20bd • 20ba • 17,239ft² $754 per ft²
Buy with Yoreevo

$12,740,000

List Price

$13,000,000

Key Details
Days on market
43
Last price change
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Estimated payment
$76,784/mo
Taxes
$4,745/mo
Maintenance
N/A
Description
Our team has been retained on an exclusive basis to facilitate the sale of 319 Broadway and 415 Broadway, two mixed-use buildings located on Williamsburgs prime Broadway corridor. 319 Broadway is a newly built 11-unit elevator property with 31 years remaining on its 421a tax abatement, while 415 Broadway is a gut-renovated 9-unit mixed-use property designated under protected tax class 2B, ensuring permanently reduced assessments. Together, the properties deliver one of the rarest advantages in New York City multifamily investmentdecades of predictable, low real estate taxesanchored in one of the fastest-appreciating neighborhoods in the city. The portfolio generates a current NOI of approximately $681K annually, with upside to nearly $790K through the natural lease turnover of below-market apartments and optimization of the commercial spaces. Featuring condo-quality finishes, private balconies, and efficient building systems, the assets are low-maintenance and well positioned to capture Williamsburgs ongoing rent growth. Located steps from the J/M/Z subway and the Williamsburg Bridge, 319 and 415 Broadway present a rare opportunity to acquire tax-protected, mixed-use assets with stable in-place income and clear upside in one of Brooklyns strongest submarkets.

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Important Stuff
Elevator
Home features
Dishwasher
Hardwood floors
Private outdoor space

Balcony

Building amenities
Services and facilities
Laundry in Building
Building info

History
What it'll cost
Purchase price
$13,000,000
Asking Price: $13,000,000
Term
30 Years
Down Payment
$1,300,000 (10%)
Min: 10% (1,300,000)
Rate
6.25 %
Mortgage Amount
$11,700,000
Mortgage Payment
$72,039
Taxes
$4,745
Estimated Yoreevo rebate
$260,000
Estimated closing cost
$705,000
Total monthly cost $76,784
Buy your dream home with us and get an estimated $260,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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