See Home Value
$4,880,860*
Property - Off Market

217 South 3rd Street

Brooklyn, NY 11211
bedrooms
Studio
bathrooms
0 Bath
square feet
14375 Sqft
$4,230,000 - $5,168,000
Reference Base Price*
3.87%
Since May 1, 2023
NY-New York
Primary Model

About This Property

First time on the market! An incredible opportunity to add this 15 unit mixed-use building to your investment portfolio. Located in a prime Williamsburg location. This five story, 14,375 Sq Ft building boasts 34 bedrooms, 15 baths, and 64 total rooms. Many of the units have been recently renovated, which also include new appliances for 6-7 of the units. Other renovations also include new roof, and new boiler, all done in the last four years. If you're looking for close proximity to Manhattan this location has it all. Buses and trains all within a short distance, and if you are commuting by car, the Williamsburg Bridge is just minutes away. Restaurants, bars, and shopping all throughout the area. Lots of potential and possibilities to add value to this gem. Don't miss out on this. Building: 25x105 (14,375). Lot: 25x120 (3,000). Zoning: R6. Year Built: 1910. Yearly Gross Income: $422,496.24. Yearly Net: $262,496.24. Property Taxes: $112,000. Yearly Expenses: $160,000. Rail Lines: J, M, G, L. Bus Lines: B39, B24, B60, B62, Q54, Q59, B46, B44-SBS, B44, B32.

The manager has listed the unit size as 14375 square feet.
Unit Size
14,375Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$327
Property Type
Property
Property Taxes
$9,333
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Apr 27, 2023 No longer available -
No longer available
Mar 13, 2023 Price Decreased $4,699,000
↓ $1M (17.6%)
Price Decreased
Nov 15, 2022 Price Decreased $5,700,000
↓ $1M (19.7%)
Price Decreased
Jul 23, 2022 Price Decreased $7,100,000
↓ $700K (9%)
Price Decreased
May 25, 2022 Price Decreased $7,800,000
↓ $700K (8.2%)
Price Decreased
Show More

Property Highlights

Exterior Details

Exterior Information

Brick


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$5,000,000 Jan 3, 2018
$5,000,000 Mar 12, 2018
-
House
15 Beds
11 Baths
21,200 ft²
$170/ft²
$3,600,000 Sep 10, 2014
$3,600,000 May 6, 2015
-
Townhouse
Stu
-
-
$4,000,000 Feb 6, 2017
$4,000,000 Mar 28, 2017
-
House
Stu
-
-
$3,900,000 Dec 13, 2017
$3,900,000 Mar 28, 2018
-
Townhouse
Stu
-
-
$3,850,000 Jan 20, 2015
$3,850,000 Mar 20, 2015
-
Townhouse
5 Beds
5 Baths
4,545 ft²
$1,023/ft²
$4,650,000 May 1, 2023
$4,650,000 Nov 17, 2023
$1,690/mo
Other
Loft
3 Baths
3,493 ft²
$1,489/ft²
$5,200,000 Feb 15, 2024
-
$2,322/mo
Commercial
Loft
-
-
$5,100,000 Feb 12, 2024
-
$10,069/mo
Condo
6 Beds
7 Baths
5,086 ft²
$885/ft²
$4,500,000 Mar 23, 2022
-
$12,407/mo
Townhouse
3 Beds
2 Baths
3,979 ft²
$1,106/ft²
$4,400,000 Feb 29, 2024
-
$805/mo
Multifamily
5 Beds
4 Baths
4,048 ft²
$1,019/ft²
$4,125,000 Feb 26, 2024
-
$449/mo
Townhouse
4 Beds
4 Baths
3,600 ft²
$1,389/ft²
$5,000,000 Nov 21, 2023
-
$377/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220408
04/08/2022
Loft
-
14375 ft²
$8,500,000
bedrooms
Loft
bathrooms
-
square feet
14375 ft²
-
06/01/2022
Francesco Francoforte
Weichert Realtors The Franzese

Building Info

217 South 3rd Street 217 South 3rd Street, Brooklyn, NY 11211
  • 16 Units
More about this Building
217 South 3rd Street
Want to find out who owns 217 South 3rd Street, Brooklyn, NY 11211? Get detailed property transactions here .

About Northern Brooklyn


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