The Rialto

The Rialto is a condo located 150 North 5th Street, in Williamsburg, Brooklyn. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 2007. But was most recently renovated and altered in 2007. The lot that the building was built on is 75 feet wide and 200 feet long. The official lot area is listed as 13,625 square feet. The building itself is 75 feet wide and 200 feet long. In total, 150 North 5th Street has a total floor area of 36,615 square feet. Of that, 36,615 square feet are used for residential purposes. There are a total of 31 units. Of those, 31 are residential units. There are no commercial units in this building. 150 North 5th Street has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. There are 72 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 94 days and tend to sell below the original asking price of $1,490,000 by 1.25%. Meaning, listings tend to sell at a median of $1,323 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Mar 30, 2016 for $1,200,000. This particular unit ultimately sold 328 days later for $1,185,000. The most recent transaction was for unit 1I, which was first advertised on Oct 05, 2023, sold for $1,555,000 on Feb 01, 2024. Fun fact, the oldest transaction we have on record took place on Feb 07, 1973. See the full transaction history for The Rialto below.

Williamsburg, where 150 North 5th Street is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,490,000. For interested buyers, that means the building's median asking price is around 2.03% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,995,000. It is a 1,425 sqft 2-bedroom and 2-bathroom unit.