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985 Metropolitan Avenue #5
House in East Williamsburg •  building info
10bd • 7ba • 4,550ft² $484 per ft²
Sold price

$2,200,000

Key Details
Days on market
398
Last price change
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Estimated payment
$13,118
Taxes
$603
Monthly maintenance
N/A
Description
Welcome to 985 Metropolitan, a coveted FREE MARKET 5 unit building with massive extension on the first floor. 985 Metropolitan Ave is to be sold with 979 Metropolitan Ave ($2.5M each). These properties are RIPE for new development and transformation. Leave the layouts as they are or completely convert everything from top to bottom. Lots of duplex options, deep lots and MAJOR upside. This package along with its sister building 257 Powers Street can be sold separately or together -- Total of 20 Units. Powers is 3 buildings and Metropolitan is 2. The buildings have AMAZING upside and locations. Prime Prime Prime. Slam dunk Portfolio potential in Williamsburg and HEAVILY FREE MARKET. Email for Set Ups on all 3 buildings.

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Building Amenities
Fios Available
History
What it'll cost
Purchase price
$2,200,000
Asking Price: $2,200,000
Term
30 Years
Down Payment
$220,000 (10%)
Min: 10% (220,000)
Rate
6.5 %
Mortgage Amount
$1,980,000
Mortgage Payment
$12,515
Taxes
$603
Estimated closing cost
$81,000
Total monthly cost $13,118
Listing Courtesy of Compass

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