in contract
342 Metropolitan Avenue
Condo in Williamsburg
building info
studio
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List price

$2,700,000

283
days on market
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last price change
$10,633
estimated payment
$388
taxes
$0
monthly common charges
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Description
342 Metropolitan Avenue: Currently configured as a 3 Family Home with basement which is perfect for User & Investor alike. Walk in and create a beautiful Single Family Home, a Mixed Use Property with prime retail with multi-unit residential or go full commercial. Features: Masonry & Framed Building, 3 Stories and Full Height basement , All units are rent ready, sitting on a 25x90 lot with a building size of approximately 2,530SF. The M1-2/R6A, MX-8 Zoning allows all uses coupled with an FAR of 2.7 and available air rights of approximately $3,567 SF you can build the property to approximately 6,094 Gross SF. Located on bustling Metropolitan Avenue which is the bridge of Prime Williamsburg Northside & Super Hot Up-Trending Southside. There are numerous new developments including hotel, residential, and commercial rising on a daily basis. It's central location is proximate to the L subway line on Bedford Ave & L/G subway lines on Lorimer St, Marcy Ave. JMZ, multiple Parks, the East River & Waterfront. Sandwiched between North Williamsburgs Bedford Ave & Grand Street shopping district it is located in one of the Cities Top Residential & Retail Corridors. Easy access to the Brooklyn-Queens expressway. Some of your neighbors include The Pod Hotel, Apple Store, Whole Foods, WeWork, Citibank, Flywheel, Equinox & soon to come Trader Joes. Please email for a full set up Please Note: The property can be sold with 340 & 346 Metropolitan Avenue.

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History
What it'll cost
Mortgage
All cash
Purchase price
$101,000
$45,000
Total monthly cost
$10,633
Down payment
Mortgage
$10,245
for
yrs
Mortgage
for
yrs
$10,245
$0
Taxes
$388
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