518 Meeker Avenue
518 Meeker Avenue
Temporarily Off Market
Temporarily Off Market
Description
Ranging from studios to 3-beds and offering private outdoor space attached to most units, this building is an investor's dream. All units include modern kitchen cabinetry, stainless steel appliances, large bedrooms with ample closest space, washer/dryer hookups, hardwood floors and an open layout. Multiple upgrades are available including utilizing the 10 extra-large income-producing storage units, a bike storage area, space for a gym, and updating...10-Unit Elevator Building in Prime Williamsburg!
Ranging from studios to 3-beds and offering private outdoor space attached to most units, this building is an investor's dream. All units include modern kitchen cabinetry, stainless steel appliances, large bedrooms with ample closest space, washer/dryer hookups, hardwood floors and an open layout. Multiple upgrades are available including utilizing the 10 extra-large income-producing storage units, a bike storage area, space for a gym, and updating the beautiful common rooftop that has incredible city views!
Ideally located right on the border of Greenpoint and Williamsburg, 518 Meeker Ave is walking distance to the L train at the Graham Av Station and the G Line at Nassau Av Station, and there is quick access to the Brooklyn-Queens Expressway a few blocks away. Greenpoint and Williamsburg are rich in vibrant culture and rental prices here have skyrocketed because of that. Brooklyn Steel and Warsaw music venues are nearby, Michelin-recognized restaurants like Lilia and Misi, Bonnie's and Winson, Fandi Mata and Pheasant are all walkable, as are McCarren, McGolrick and Cooper Parks. This is an incredible investment that will only continue to provide it's new owner great returns.
518 Meeker is Rent-stabilized and will be delivered w/ 7 out of 10 units vacant. CAP Rate on current DHCR's is 5.43%.
Amenities
- Park Views
- City Views
- Balcony
- Private Terrace
- Private Yard
- Private Roof Deck
- Common Roof Deck
- Gym
Location
Property Details for 518 Meeker Avenue
| Status | Temporarily Off Market |
|---|---|
| Days on Market | 251 |
| Taxes | $1,577 / month |
| Maintenance | - |
| Min. Down Pymt | 5% |
| Total Rooms | 30.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 2005 |
| Lot Size | 2,200 SF / 50' x 63' |
| County | Kings County |
Building
518 Meeker Ave
Location
Virtual Tour
Building Information for 518 Meeker Avenue
Payment Calculator
$35,270 per month
30 year fixed, 7.25% Interest
$33,693
$1,577
$0
Property History for 518 Meeker Avenue
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 518 Meeker Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 2 |
Rating | School | Distance |
|---|---|---|
P.S. 110 The Monitor PublicPK to 5 | ||
John Ericsson Middle School 126 Public6 to 8 | ||
A-Tech High School Public9 to 12 | ||
Citizens of the World Charter School 1 CharterK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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