Kuanzisha 697 Grand Street - Jengo la matumizi mchanganyiko la hadhi ya ghorofa 3, lenye ukubwa wa 8420 SF katikati ya mtaa unaostawi wa East Williamsburg. Likiwa na uso wa zaidi ya miguu 25 katika korido hii ya kipekee, mali hii inatoa fursa nadra ya kupata mali iliyo thabiti, inayozalisha mapato, yenye uwezekano mkubwa wa ujenzi na kubadilishwa kuwa hadhi ya soko huru. Jengo lililojengwa kwa nguvu mwaka 2005 na ujenzi wa chuma na briki, linatolewa katika hali bora, likiwa na vitengo 4 vya makazi na nafasi 1 ya kibiashara. Nyumba hizo zina ukubwa wa 900SF kila moja, zimepangwa kama vitengo vya chumba 2/kuoga 1, zikiwa na sehemu kubwa na kumalizia kisasa. Kila kitengo kina joto lake la maji, na kimepimwa kivyake kwa gesi na umeme, hakika inashughulikia gharama za umiliki kwa kiwango cha chini. Nafasi ya kibiashara inachukua sehemu yote ya jengo, ikiwa na uso wa kioo mbele kwa Grand Street, pamoja na basement na eneo lililo wazi nyuma. Uwezo mkubwa wa >4500 SF wa eneo la ujenzi, na nafasi bora ya nyuma kwenye ghorofa ya pili kwa ajili ya kuunda. Msamaha wa kodi wa 421A unamalizika mwaka 2033, ukipata mali hii hadhi ya soko huru, na ukuaji mzuri wa kodi. Jamii inayotakikana ya 2A inahakikisha bajeti thabiti na inayoweza kutabirika. Eneo bora la East Williamsburg, dakika chache kutoka zote Graham Avenue na Grand Street "L" njia za treni, huku kukiwa na maendeleo ya makazi na kibiashara yanayostawi kila upande. Njia panda pana tatu na njia iliyo salama ya baiskeli moja kwa moja nje.

VIPENGELE VYA UWEKEZAJI
Eneo bora la Grand Avenue (Graham/Powers St) lenye >25' uso
Lilijengwa mwaka 2005 kwa ujenzi wa chuma/briki
Joto maalum la maji na mita za gesi/umeme kwa kila kitengo
>4500 SF ya kujenga
Msamaha wa Kodi wa 421A unamalizika mwaka 2033
Uwezo wa 6.5% ya Kiwango cha Kurudi na kodi za soko huru
Jamii ya 2A iliyo salama

Vipimo vya eneo: 26 ft X 125 ft
Eneo la SF: 3,238
Vipimo vya jengo: 25.83 ft x 96.12 ft
Eneo la jengo: 8,420
Jengo la Matumizi Mchanganyiko
Vitengo 4 vya Makazi. Nafasi 1 ya Kibiashara
FAR ya sasa: 2.60
FAR: 4
Eneo linaloweza kujengwa: 4533 SF

Introducing 697 Grand Street - A 3 story, 8420 SF mixed use building in the heart of thriving East Williamsburg. Boasting over 25' of frontage in this super-prime corridor, the property presents a rare opportunity to acquire a stable, income producing asset, with tremendous upside in its buildability and conversion to free market status. Solid 2005 build with steel & masonry construction, offered in excellent condition, with 4 residential units and 1 commercial space. The apartments are 900SF each, configured as 2 bedroom/1 bath units, with large proportions and modern finishes. Each unit has its own hot water heater, and is individually metered for gas and electric, keeping ownership costs to a minimum. The commercial space runs the full span of the building, with full glass frontage along Grand Street, plus basement and open back lot area. Massive potential with >4500 SF of buildable area, and an ideal setback on the second floor to create. The 421A tax exemption expires in 2033, deregulating the property to free market status, and robust rent growth. Desirable 2A tax class ensures a stable, predictable budget. Exceptional East Williamsburg location, minutes from both Graham Avenue and Grand Street "L" subways, with flourishing residential and commercial development in every direction. Triple-wide sidewalk and protected bike lane directly outside.

INVESTMENT HIGHLIGHTS
Superb Grand Avenue (Graham/Powers St) location with >25' frontage
Built in 2005 with steel/masonry construction
Separate hot water heaters & gas/electric meters for each unit
>4500 buildable SF
421A Tax abatement expires in 2033
Upside to 6.5% Cap Rate with free market rents
Protected 2A Tax Class

Lot dimensions: 26 ft X 125 ft
Lot SF: 3,238
Building dimensions: 25.83 ft x 96.12 ft
Building SF: 8,420
Mixed Use Building
4 Residential Units. 1 Commercial Space
Current FAR: 2.60
FAR: 4
Buildable Area: 4533 SF