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Listing Courtesy of Corcoran Group
$ 500,000
Est. payment /mo
Active
550 METROPOLITAN Avenue #COMMERCIAL Brooklyn, NY 11211
1 Bath
481 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 481 sqft
Price per Sqft $1,039
Subdivision Williamsburg,North
MLS Listing ID RLS20015272
Style Walk-Up
Half Baths 1
HOA Fees $177/mo
HOA Y/N Yes
Year Built 1930
Property Sub-Type Condo
Property Description
Opportunity knocks!!! Where else can you start your own business with virtually no key money and in one of Brooklyn's hippest neighborhoods close to all forms of transportation including subway stops on both ends of the block! This is a very rare opportunity to own a commercial condo in the Williamsburg section of the borough. Most recently the space housed a wine bar, but this street-level space could accommodate many different commercial businesses. Think coffee shop, or a fun ice cream parlor, or even a dry goods space! Or how about a beauty salon? The world is your oyster! Boasting high ceilings, an ADA bathroom, and great exposure on Metropolitan Avenue, this space is truly what they mean when they say location, location location! Currently there is a fully functional bar with dishwasher, glass racks, sinks, reach-in refrigerator, and a storage room with an ice machine and freezer. The 16 feet of frontage along Metropolitan Avenue is less than a block from the extremely popular Lorimer stop on the L. If you were to purchase this as an investor, you would reap the rewards of low common charges, and your return on investment would be nonpareil to none. New tenants will be attracted to the prime location, the excellent condition of the space, the lack of key money required, and the opportunity to start a new lease with new terms.
Location
Rooms
Basement Other
Interior
Fireplace No
Laundry Building None
Exterior
Exterior Feature Building Courtyard, None
View Y/N Yes
View City
Present Use Investment
Porch None
Private Pool No
Building
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership Condominium
Monthly Total Fees $177
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Elegran