921 Metropolitan AveBrooklyn, NY 11211

This exceptional investment opportunity presents a three-story, six-unit apartment building located at 921 Metropolitan Avenue in the vibrant Williamsburg neighborhood of Brooklyn, New York. Boasting 4,180 square feet on a 2,533 square foot lot, this property is zoned R6B with a 2.0 FAR. Currently operating at 83% occupancy, the building generates a substantial gross annual income of $120,840 and an approximate net operating income of $90,000, yielding a compelling 7.00% capitalization rate. The building features recently updated electrical lines in each apartment and has been meticulously maintained. Its prime location between Olive Street and Morgan Avenue offers convenient access to the L, J, and M subway lines, as well as numerous bus routes, providing effortless commutes to Manhattan. This stabilized investment is an ideal addition to any portfolio, benefiting from Williamsburg's dynamic blend of residential and industrial zones, rich history, and thriving creative community. The building's strong financial performance, coupled with its desirable location and solid construction, makes it a truly attractive proposition for discerning investors. The property's six units provide a stable income stream, and the R6B zoning allows for potential future development opportunities. This is a rare chance to acquire a well-maintained, income-producing asset in one of Brooklyn's most sought-after neighborhoods.