Welcome to the heart of WILLIAMSBURG!
Are you ready to invest in this amazing neighborhood? This is a single-family property located between Lorimer Street and Leonard Street. It's perfect for a developer or investor. 71 Stagg Street offers tremendous access to area attractions including the best in Williamsburg fine dining, art studios, neighborhood cafes, Rodney Park, iconic Williamsburg Bridge, Jaime Campiz Playground, McCarren Park and Continental Army Plaza. Access to nearby transportation is excellent with M, J, Z, G, and L trains as well as the South Williamsburg Ferry. With all this amazing property has to offer why wait contact us today!
Note: You will not be able to live in the property and the interior can not be viewed. This property is being sold in "as is" condition. Property can only be purchased for cash. No financing.
Please do not disturb the occupants for information regarding this property. Please call for further information.
This property features:
4 Bedrooms, 2.5 Bathrooms
Private parking space
4,000 SF of allowable floor area
Lot Size: 20' 100'
Building: 20' 20'
Building Class: A9
FAR: 0.84; MAX FAR: 2
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