3 Locations

Excellent Investment/Development opportunity in Williamsburg Brooklyn! Standing predominantly at the corner of Union Avenue and Devoe Street, this beautiful free market, 9 unit, mixed-use corner property comprises three contiguous buildings and ample FAR to build. Conveniently located just a short block from the Metropolitan Ave L/G train station, this highly desirable and bustling area presents tremendous potential for investment and further development.

430 Union Ave: A Charming 5-family brick residential building with finished basement, two 1-bedroom units, two Junior 1-bedroom units & one 2-bed/2-bath.

426 Union Ave (AKA 1-5 Devoe St): Two-story corner retail & office building with basement, offering 2 Units ranging 1600-1800sqft each.

9 Devoe Street: Two-story brick building hosting 2 lofts, each approximately 1200Sqft, complete with a backyard and roof deck

10th bonus unit: Additional highlights include a 325 sqft bonus workspace, two legal curb cuts and additional FAR to build offering further development potential.

With a pro-forma NOI of $550K in as is condition with minimal renovation, this property offers great income with minimal maintenance.

All units are free-market and in excellent condition, with tenants paying under market value and most on month-to-month leases.

Lot: 50 x 108 | Lot SQFT: 5,400

Building SQFT: 10,800 |

FAR as built: 2 | Zoning: R7A, C2-4

Please verify all buildable information.

For further details, please don’t hesitate to contact me