467 Keap Street, Brooklyn, NY 11211

$32,500,000
Active for Sale
 
Listing ID 11166272
Property Type Multi-Unit (5+)
Commercial Type Industrial Live/Work
County Kings
Township Brooklyn
Neighborhood Williamsburg
Total Tax $132,292
FEMA Flood Map fema.gov/portal
Year Built 2009
   
Virtual Tour

100% OCCUPIED • 30-UNITS • 421A TAX ABATEMENT • WILLIAMSBURG

Ainslie Tower is a ten-story, thirty-unit elevator apartment building built in 2009. The building has one commercial unit, as well as cellar storage and loading that bring in monthly rental income, and twenty-nine residential units, six of which are affordable housing units. The building measures 77,664 total square feet and sits on a lot measuring 96.08' x 183.33'. The building currently brings in a gross annual income of $1,725,286.08 and a net annual income of $1,449,452.50. The building has a 421A exemption that lasts until July 2038. This is an excellent opportunity to earn steady rental income in prime Williamsburg.
Property Details
  • 65535 SF (AG)
  • 16951 SF Lot
  • Built in 2009
  • 10 Stories
  • Available 4/05/2023
Unit Information
Unit #1 – OFFICE, Unit Count: 55
Interior Features
  • Hardwood Flooring
Exterior Features
  • Handicap Features
  • Near Bus
  • Near Train
Community Details
  • Elevator (Bldg. Style)
Commercial Info
  • Sure Shot Realty (Business Name)
  • Uses: COMMERCIALLY
  • 2 Passenger Elevators
  • 2 Freight Elevators
  • Loading Docks
  • 4.00% Cap. Rate
Income/Expenses
  • Gross Income $1,725,286
  • Net Income $1,449,452
  • Management Exp $55
  • Maintainence Exp $56
  • Legal Exp $57
  • Insurance Exp $58
  • Heat Exp $59
  • Electric Exp $60
  • Paid by Landlord: Electric, Heat, Gas, Water
Taxes and Fees
  • $55 School Tax
  • $56 County Tax
  • $57 City Tax
  • $58 Village Tax
  • $59 Other Tax
  • Tax Exemptions
  • $132,292 Total Tax
  • Tax Year 2025
  • $55 per month Maintenance
  • HOA: UGH
Listed By
Carina Villalona
NY State MLS Admins
Office: 888-769-7657
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