The residential building at 368 Manhattan Avenue in Williamsburg has been totally off our radar since it was built in 2008?and perhaps it's been off renters' radars as well, since the building's owner is now trying to unload the entire property. You do hate to see that. The 9,721-square-foot, 10-unit building is asking $7.3 million. The units are a mix of four duplexes, three 2BRs, and three 1BRs, plus a roof deck, garden, laundry room, and 12 years of tax abatement remaining. Judging by the old rental listings for the units, asking prices were between $2,100 and $3,600/month, with some RentChoppage. Is buying the whole thing a good deal?
· Listing: 368 Manhattan Avenue [Elliman]
· 368 Manhattan Avenue in Williamsburg [StreetEasy]