454 Union Ave

Profuse in prime value, rare corner lot in the heart of Williamsburg.Above the Lorimer L-Train/Metropolitan G-train station.Pre-value-add with sky-high potential, literally.Delivering the property with the residential units vacant is negotiable. Pro-forma apartment mix reconfigurations yield up to an additional $275,000 of annual income. Offering top-of-the-market sidewalk-level retail frontage that commands an estimate of $60 per square foot/per year. Bonus income streams include roof space for a cell tower and ample exterior for high-value advertisements.The basement shares a wall with the G/L subway train concourse. Subterranean retail space can possibly be installed. Air rights included with a value of 2,536 unused buildable square feet. The maximum usable floor area of building equals 8,744 square feet. Lot Area: 2,186 square feetLot Dimensions: 26 feet x 84 feetAnnual Taxes: $14,870Qualified Opportunity ZoneVirtual Tour Available Upon RequestDisclaimer: This property description contains projections, property enhancements and analyses that are all for informational purposes only.