Major Curb Appeal! Rarely available 20 ft. wide, Multi-Family Townhouse in the Heart of Williamsburg's South Side.This stately, red brick townhouse sits perfectly placed on South 2nd Street between Berry & Wythe just a block & a half from Domino Park. The central location offers easy access to the L train, J,M,Z, trains, East River Ferry and all of Williamsburg's main drags where restaurants, shops and amenities abound. The block itself is mostly residential and offers a quiet escape from the hustle and bustle of the surrounding neighborhood if the desire arises as well. Currently configured as floor-through apartments plus a full basement. Make a few upgrades and continue collecting rents on this fabulous investment property or create an owner's triplex and keep Two income producing units. Sharing's not for you? Create your single family dream home on this tree lined dream block! This wonderful property offers so many possibilities and there's still room to grow with plenty of unused FAR to build up or back. Please call or e-mail for a set up or for a private appointment to view 96 South 2nd Street.
Williamsburg, located in the borough of Brooklyn, borders Greenpoint to the north, Bedford-Stuyvesant to the south, Bushwick, East Williamsburg, and Ridgewood (Queens) to the east, and Fort Greene to the West. Williamsburg has rapidly evolved from a manufacturing neighborhood in the mid-1990s to the gentrified and highly sought-after real estate destination it’s known for today. Known for its vibrant nightlife, art scene, and its ever-expanding food scene, Williamsburg is an ideal fit for the artistically inclined (not to mention the hipster generation). With its proximity to Lower Manhattan, Williamsburg has emerged as the preferred home base for many young workers in New York City.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more