SOLD FOR $1,805,000
Listed at $1,800,000 · Sold 0.3% above asking · Closed September 24, 2014
$1,805,000
$435 per sq ft
Listed at $1,800,000 +$5,000 vs asking
168 Marcy Avenue #0
MLS® #RLS10060737
Listing by Elliman
Studio
0
Bath
4,150
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
Gorgeous four- story plus basement mixed-use townhouse in Williamsburg. First Floor is home to a successful bar, which has been renovated and professionally sound-proofed. The parlor floor is also being used as a commercial space. The upper two residential floors are renovated floor-through that generate great income. All residential tenants have a month-to-month lease. Around the corner from the JMZ subway line (just one stop to Manhattan) on Broadway and steps from the Williamsburg Bridge. A current Cap rate of 7%, with potential to be increased to 8% or more in the short term, makes this property a very attractive investment! Sold in "As Is" condition.
Property Details
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Listing courtesy of Pablo Cuevas at Elliman. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.