146 North 7th Street is a three-family brick home located in the heart of Prime North Williamsburg, offering a unique investment opportunity with existing tenants generating income from three distinct units. The building features a 19' x 100' lot with a shared backyard, enhancing the outdoor experience for residents. The layout includes a 1 bed/1 bath unit on the first floor, and two 2 bed/1 bath units on the second and third floors, respectively. Each apartment is designed with stainless steel appliances, exposed brick, hardwood floors, and unique interior skylights, providing a blend of modern amenities and classic charm.
The basement has been finished to serve as a versatile space for work or storage, with potential for duplexing the first-floor unit. The current owner is also pursuing a commercial overlay, which could allow for increased floor area ratio (FAR) and possible commercial use on the first floor, adding to the building's investment potential.
Apartments within the building are characterized by their spacious layouts and thoughtful renovations. Many units boast high tin ceilings, large bedrooms capable of accommodating king-size beds, and remodeled kitchens that retain vintage shelving for added character. Shared amenities include a garden area, perfect for relaxation or outdoor activities. The location is particularly advantageous, being just steps away from the Bedford Avenue subway station, providing easy access to the rest of Brooklyn and Manhattan.
Overall, 146 North 7th Street presents a compelling opportunity for both investors and residents alike, combining a prime location with well-appointed living spaces and the potential for future growth.