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Map
$4,880,860*
●
Property -
Off Market
217 South 3rd Street
Brooklyn, NY 11211
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
15
Beds
11
Baths
21,200 ft²
$170/ft²
$3,600,000
Sep 10, 2014
$3,600,000
May 6, 2015
-
Sold
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
Active
Condo
6
Beds
7
Baths
5,086 ft²
$885/ft²
$4,500,000
Mar 23, 2022
-
$12,407/mo
Active
Townhouse
3
Beds
2
Baths
3,979 ft²
$1,106/ft²
$4,400,000
Feb 29, 2024
-
$805/mo
Active
Multifamily
5
Beds
4
Baths
4,048 ft²
$1,019/ft²
$4,125,000
Feb 26, 2024
-
$449/mo
In Contract
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 |
---|---|---|---|---|---|---|---|---|
04/08/2022
|
|
Loft
|
-
|
14375 ft²
|
$8,500,000
Loft
-
14375 ft²
|
-
06/01/2022
|
Francesco Francoforte
Weichert Realtors The Franzese
|