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322 Union Ave
Brooklyn, NY 11211 Williamsburg

$3,950,000 USD

General Retail For Sale • 5,350 SF

Property Details

Property Type General Retail
Total Building Size 5,350 SF
Lot Size 0.06 AC
Building Class C
Year Built 1899
Cap Rate 6.13 %
Tenancy Single
Zoning R7A/C2-4

100 Transit Score

98 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!! 100% Occupied 3 Unit Mixed-Use Building In Williamsburg For Sale!!! 
                            
                                The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 10’ Ceilings, Strong R7A/C2-4 Zoning, (2) 4 Br. Apts., Basement, ++!!
                            
                                The Property Is Located In The Heart Of Williamsburg 4 Blocks Off I-278 & Just Minutes From The Williamsburg Bridge!!!
                            
                                Neighbors Include Starbucks, Peter Luger’s Steak House, The Home Depot, Whole Foods Market, CubeSmart Self Storage, T-Mobile, Planet Fitness, +++!!!
                            
                                The Building Has 25’ Of Frontage On Busy Union Avenue!!! 
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $242,081 USD (2024)

Cap Rate:	6.13 %
Total Expenses:	$9,919 USD

Amenities

24 Hour Access
Fenced Lot
Restaurant
Security System
Signage
Tenant Controlled HVAC
Storage Space
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	8 min	-	2.4 mi
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road)	9 min	-	2.8 mi
Transit/Subway	Drive	Walk	Distance
Metropolitan Avenue (G - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
Hewes Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	1 min	5 min	0.3 mi
Broadway (G Line) (G - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
Lorimer Street (L Line) (L - New York MTA Subway (The Subway))	1 min	8 min	0.4 mi
Marcy Avenue (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	2 min	9 min	0.5 mi
Airport	Drive	Walk	Distance
LaGuardia	16 min	-	7.1 mi
John F Kennedy International	24 min	-	12.9 mi
Newark Liberty International	26 min	-	14.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Matthew Shane 516-279-8828 All Island Commercial

322 Union Ave Brooklyn, NY 11211 Williamsburg