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$3,499,999
●
Multifamily -
For Sale
228 Withers Street
Williamsburg, NY 11211
9 Beds
5 Baths
$17,790
Estimated Monthly
$0
HOA / Fees
3.91%
Cap Rate
About This Property
***5 Family*** Discover a truly exceptional opportunity in
Williamsburg, Brooklyn, with this remarkable property featuring two
distinct Multi-Family Dwellings on a single lot. Offered for sale
for the first time, this property presents a rare chance to own a
piece of Brooklyn's rich history while enjoying modern living in
one of the city's most vibrant neighborhoods. The main home
impresses with three expansive 3-bedroom apartments, each offering
generous living spaces and comfortable accommodations.
Complementing the main residence, the rear home features two studio
apartments, providing versatile options for residents or potential
renters. With a total square footage of 2800, including both
residences, there remains an exciting opportunity for further
development, as 2200 square feet are still buildable on the lot.
Furthermore, the property benefits from low taxes, enhancing its
appeal to investors and homeowners alike. Set on a 25x100
lot, this property offers the best of Brooklyn living with easy
access to nearby parks, restaurants, and public transportation.
Enjoy leisurely strolls in McCarren Park or take in the waterfront
views at East River State Park, both just moments away. Indulge in
culinary delights at popular dining destinations like Lilia and
Peter Luger Steak House, all within walking distance. For
commuters and adventurers alike, convenient access to public
transportation is a major plus. Multiple subway lines, including
the L and G trains, are easily accessible, providing seamless
connections to Manhattan and beyond. This property represents
a rare opportunity to own a unique piece of real estate in
Williamsburg, offering both historical charm and modern
convenience. With its versatile layout, potential for expansion,
and prime location near parks, dining, and transportation, this
property is sure to capture the attention of savvy investors and
discerning buyers seeking the best of Brooklyn living. Will
be Delivered Vacant! Lot: 25x100 Square Footage: 2800sq ft
Built:1920 Buildable Left:2198Sq ft Units:5 Zoning:R6B
Taxes:$7,251
Unit Size
-
Days on Market
75 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$604
HOA Dues
-
Year Built
1920
Listed By
Last updated: 2 months ago (OneKey MLS #ONE3532066)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 15, 2024 | Listed by BLT Minimax Realty Inc | $3,499,999 | |
Listed by BLT Minimax Realty Inc |
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: On Street
Interior Details
Bathroom Information
Full Bathrooms: 5
Room 1
Level: First
Type: 3 bedroom apartment
Room 2
Level: Second
Type: 3 bedroom apartment
Room 3
Level: Third
Type: 3 bedroom apartment
Room 4
Level: Other
Type: 2nd House Studio 1
Room 5
Level: Other
Type: 2nd House Studio 2
Room Information
Rooms: 17
Fireplace Information
Has Fireplace
Fireplaces: 3
Basement Information
Basement: Unfinished
Exterior Details
Property Information
Architectual Style: Tri-Level
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1920
Building Information
Levels: Three Or More
Building Area Units: Square Feet
Construction Methods: Block, Brick
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $7,251
Utilities Details
Cooling: None
Heating: Natural Gas, Hot Water
Sewer : Public Sewer
Location Details
Directions: Waze
County or Parish: Brooklyn
Other Details
Selling Agency Compensation: 1.5
On Market Date: 2024-02-15
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
8
Beds
6
Baths
4,750 ft²
$632/ft²
$3,000,000
Aug 23, 2022
$3,000,000
Mar 31, 2023
-
Multifamily
5
Beds
3
Baths
-
$2,455,000
Feb 22, 2023
$2,455,000
Mar 6, 2024
$317/mo
Multifamily
5
Beds
4
Baths
3,650 ft²
$959/ft²
$3,500,000
Jul 6, 2022
$3,500,000
Feb 24, 2023
-
House
10
Beds
11
Baths
10,000 ft²
$320/ft²
$3,200,000
Feb 10, 2023
$3,200,000
Jun 15, 2023
-
Condo
3
Beds
2
Baths
2,396 ft²
$1,336/ft²
$3,200,000
Jun 7, 2014
$3,200,000
May 13, 2015
$2,101/mo
Active
Multifamily
12
Beds
6
Baths
4,125 ft²
$968/ft²
$3,995,000
Mar 15, 2024
-
$977/mo
In Contract
Townhouse
4
Beds
4
Baths
3,372 ft²
$1,038/ft²
$3,500,000
May 30, 2023
-
$655/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
228 Withers Street
228 Withers Street, Brooklyn, NY 11211
- 4 Units
- 1 Unit for Sale