$500,000

550 Metropolitan Ave Unit COMMERCIAL Williams, NY 11211

Williamsburg Neighborhood

Estimated payment $3,415/month

Total Views 6,085
-- Bed
0.5 Bath
481 Sq Ft
$1,040 Price per Sq Ft

Highlights

  • City View
  • 1-minute walk to Lorimer Street (L Line)
  • 3-minute walk to Macri Triangle
  • Courtyard

About This Home

Opportunity knocks!!! Where else can you start your own business with virtually no key money and in one of Brooklyn's hippest neighborhoods close to all forms of transportation including subway stops on both ends of the block! This is a very rare opportunity to own a commercial condo in the Williamsburg section of the borough. Most recently the space housed a wine bar, but this street-level space could accommodate many different commercial businesses. Think coffee shop, or a fun ice cream parlor, or even a dry goods space! Or how about a beauty salon? The world is your oyster! Boasting high ceilings, an ADA bathroom, and great exposure on Metropolitan Avenue, this space is truly what they mean when they say location, location location! Currently there is a fully functional bar with dishwasher, glass racks, sinks, reach-in refrigerator, and a storage room with an ice machine and freezer. The 16 feet of frontage along Metropolitan Avenue is less than a block from the extremely popular Lorimer stop on the L. If you were to purchase this as an investor, you would reap the rewards of low common charges, and your return on investment would be nonpareil to none. New tenants will be attracted to the prime location, the excellent condition of the space, the lack of key money required, and the opportunity to start a new lease with new terms.

Listing Agent

James Kim

Corcoran Group License #30KI0846587 Listed on: 04/09/2025

Corcoran Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021

HOA Fees

  • $177 Monthly HOA Fees

Interior Spaces

  • 0.5 Bathroom
  • 481 Sq Ft Home
  • City Views

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1001 / 02761

Community Details

Overview

  • 9 Units
  • Williamsburg,North Subdivision
  • 7-Story Property

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Year Built

Built in 2021

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg,North
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Fireplace: No
  • Living Area: 481.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Half Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, None, PrivateOutdoorSpaceUnder60Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 177.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Current Use: Investment
  • Zoning Description: R7A

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 9
  • Total Stories: 7
  • Year Built: 2021

Tax Info

  • Tax Block: 02761
  • Tax Lot: 1001

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $500,000 -- $1,040 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20015272

Real Estate Board of New York (REBNY)