01 Gut-renovated townhouse A redeveloped three-story walk-up taken to the studs and body envelope —mechanical systems, kitchens, baths, and facadesrebuilt. 02 Free-market income with embedded value-add upside Every unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up. 0
01 Gut-renovated townhouse A redeveloped three-story walk-up taken to the studs and body envelope —mechanical systems, kitchens, baths, and facadesrebuilt. 02 Free-market income with embedded value-add upside Every unit is free-market, with full exposure to rent growth and no rent-regulation overhang. Additional upside with duplex garden unit buildout and mark to market lease-up. 03 R6 zoning A moderate-density district permitting as-of-right expansion, rare among Williamsburg’s low-rise, three-family townhouse stock. 04 Transit at the corner The L/G at Lorimer Street and Metropolitan Avenue is roughly 0.1 miles away —Transit Score 96, Walk Score 99. 05 At the epicenter of NYC’s most sought-after live/work/play neighborhood North Williamsburg - world-class restaurants, celebrated cocktail bars, waterfront parks, and a thriving creative economy that continues to set the standard for urban living. 06 A lean carry $6,397 in annual real estate taxes under holds operating cost well below the borough norm.