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71 Montrose Avenue, Brooklyn (East Williamsburg), NY, 11206 | $4,500,000
Historical industrial building that has favorable zoning to allow both Roof Garden living & running your business from the same building. Utilize the double wide truck parking / loading dock for your cars / truck needs while utilizing the same space as your showroom/ Gallery / store / event space. This industrial building dates back at least as far as the 1920s and was home to a smoked fish company in the early 20th century making front page of the newspapers five times in it's 100yr history. With the four-story, 25-foot-wide, 8, 200-square-foot property features 13 feet roll-up gate, parking for two trucks, and 12- to 14-foot-high ceilings throughout. It's currently utilized as a film / photographic production facility which can continue or be delivered vacant. The buildings usage is grandfathered in as Industrial but has a residential zoning which allows conversion to residential , mix used and or Industrial commercial. It offers a multi dynamic space. Very much industrial with a truck loading dock/ double street driveway, a stainless steel freight elevator, existing vintage graphics on front facade, has a private rooftop garden connected with an amazing Penthouse Office Space. The rooftop garden has approximately 1000 ft and is sitting on a solid concrete roof that could support the capacity and weight of around hundred people. Also available is a smaller front rooftop garden overlooking a wide Street and City Park. This is the hub of cultural Renaissance of Brooklyn. Surrounded by vibrant Greenpoint, Bushwick, downtown Manhattan, Bed-Stuy, Fort Greene. Building has multiple transportation options. Three separate subways, able to Bicycle to all surrounding areas and plenty of street parking. Located near (4) subways L, M & J, and G train. The L train stop, 4 blocks (Montrose Avenue) ; from the M & J train stop, block and a half away (Lorimer Street) and the G train, block and a half away the (Broadway stop). Do not miss this great Opportunity !
Features
- Town: Brooklyn
- Property Type: Mixed Use
- Current Use: Mixed Use
- Parking: 2-car
- Levels: 4
- Zoning: R6
- Year Built: 1920
- Acreage: 0.06
- Est. Taxes: $31,051
- MLS#: 3489221
- Days on Market: 507 days
- Website: https://www.raveis.com
/prop/3489221/71montroseavenue_brooklyn_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
71 Montrose Avenue, Brooklyn (East Williamsburg), NY, 11206
$4,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | $2,588 | $2,588 | $2,588 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,440 | $22,459 | $30,136 |
| Total Monthly Payment | $23,153 | $25,172 | $32,849 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535