NY
Kings (Brooklyn)
Brooklyn
11211
427 Metropolitan Avenue
427 Metropolitan Avenue, Brooklyn, NY 11211
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Listing Type
Multi Family
Listing Status
Active
13
$4,390,000

Home Details for 427 Metropolitan Avenue

Price
$4,390,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
6
Full Bathrooms
6
Year built
1901
Lot size acres
0.0327
County
Kings (Brooklyn)
Basement
Full, Partially Finished, Storage Space
MLS Listing#
1042058
Property Description

01 Gut-renovated townhouse A redeveloped three-story walk-up taken to the studs and body envelope —mechanical systems, kitchens, baths, and facadesrebuilt. 02 Free-market income with embedded value-add upside Every unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up. 03 R6 zoning A moderate-density district permitting as-of-right expansion, rare among Williamsburg's low-rise, three-family townhouse stock. 04 Transit at the corner The L/G at Lorimer Street and Metropolitan Avenue is roughly 0.1 miles away —Transit Score 96, Walk Score 99. 05 At the epicenter of NYC’s most sought-after live/work/play neighborhood North Williamsburg - world-class restaurants, celebrated cocktail bars, waterfront parks, and a thriving creative economy that continues to set the standard for urban living. 06 A lean carry $6,397 in annual real estate taxes under holds operating cost well below the borough norm.

Property Features
  • Basement
    • Full
    • Partially Finished
    • Storage Space
  • Parking
    • No Garage
    • None
  • Cooling Information
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
  • House Interior
    • High Ceilings
  • Utilities
    • Electricity Connected
School Information
School Information for 427 Metropolitan Avenue, Brooklyn, NY 11211
Elementary School
Ps 17 Henry D Woodworth
Middle School
Conselyea Prep School
High School
Williamsburg Hs-Art-Tech
Listing Courtesy: YC Capital Group LLC - 929-566-3365
Presented by: Luo Sheng Chen
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
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