Buy with Yoreevo
$23,520,000
List Price: $24,000,000
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Keap Street
Condo in Williamsburg •  building info
46bd • 45.5ba
Buy with Yoreevo

$23,520,000

List Price

$24,000,000

Description
Ten-story mixed-use elevator building built in 2009 29 residential lofts with 20' ceilings — all fully occupied (6 affordable units) 8,300 SF commercial unit with elevator — half recently leased for $14,000/month to a high end gym 3 levels of parking with 60 spots generating monthly income Potential to add 6,985 SF of parking on the second-floor roof Includes cellar storage and a loading dock 421a tax exemption in place until July 2038 Building measures 77,664 SF on a 96.08' x 183.33' lot Current gross annual income: $2,158,235. Current net annual income: ~$1,863,163. Legal residential rent roll: $1,401,975/year Projected total gross income with full commercial lease: ~$2,352,375. Actual cap rate: 7.76%

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Building info

Buy your dream home with us and get an estimated $480,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Evergreen Realty & Investments