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550 Metropolitan Avenue
Apartment #COMM
$481,000 Price
- Bedrooms   1.0 Bath
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Photo 1 of 550 Metropolitan Avenue Comm, Williamsburg,North, New York, $481,000, Web #: 1090264935Previous PhotoNext Photo1 of 14

550 Metropolitan Avenue, Williamsburg,North, New York

COMMERCIAL CONDO FOR SALE. Very rare opportunity to own a commercial condo in Williamsburg. Presently designed as a wine bar, this street-level space could accommodate many successful uses. It boasts high ceilings, an ADA bathroom, a fully functional bar with dishwasher, glass racks, sinks, reach-in refrigerator, and...

COMMERCIAL CONDO FOR SALE. Very rare opportunity to own a commercial condo in Williamsburg. Presently designed as a wine bar, this street-level space could accommodate many successful uses. It boasts high ceilings, an ADA bathroom, 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. This format could be easily adapted into a coffee bar, a speakeasy, or using the installed plumbing to create a hair salon. As an investor, this commercial condo offers the opportunity to reap rewards. The wine bar paid market rent plus the low common charges and RE taxes, which is standard, providing a return on investment of over 10%. 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. For an end-user, the location is ideal to begin a new business for the price many establishments charge for key money. Ready to show any time.

Courtesy of Corcoran Group

Floorplan for 550 Metropolitan Avenue, COMM

Floorplan for 550 Metropolitan Avenue, COMM

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Williamsburg,North, New York
Type: Condominium
Price: $481,000
Maintenance/CC: $177
Web ID: 1090264935

Info & Amenities

Type: Condominium
Rooms: 2.0
Bathrooms: 1.0
Built: 1930

Map of Area for 550 METROPOLITAN Avenue COMM

Get to Know Williamsburg

Williamsburg, Brooklyn, is a vibrant and trendy neighborhood known for its artsy, bohemian atmosphere, diverse population, and lively cultural scene.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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