The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

381 Manhattan Avenue

Go Back To Previous Page

Prime Williamsburg Multifamily Investment Opportunity

Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25′ x 100′ lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood.

The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity for cosmetic renovations that could significantly increase rental income and overall property value.

Delivered 100% vacant, the property offers complete flexibility to renovate, reposition, or lease at current market rents.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

RSS Feed