Overview

$3,750,000

10% Min Down

78 S 3rd St #3

78 South 3rd Street, Brooklyn, NY 11249

For sale in Williamsburg

2 BR | 2.5 BA | 1,692 ft² | $2,216/ft² | 1.35% Cap Rate

Listed May 4th, 2016
As debuted on Million Dollar Listing New York Season 5 Episode 3/4 and recipient of an AIA award for architecture, the penthouse at 78 South 3rd Street is a shining jewel of Williamsburg design. www.78s3rd.com

On two levels, this large 2 bedroom, 2 ½ bath penthouse was designed to offer carefully planned private living, as well as expansive entertaining space.

With double height ceilings, an architecturally designed floating staircase, separate master floor and study, frameless doors and automated wardrobes by Hardoor of Israel, three private outdoor spaces, including spectacular, unobstructed city views. Every requirement has been addressed.

The private roofdeck features sweeping Manhattan views, irrigated planter boxes, and frameless glass railings.

Unique features include:

1,692sf indoors and 1,102sf outdoors.

Buzzi & Buzzi LED lighting.

Venetian plaster accent walls.

Solid Oak flooring.

Central, high velocity, zoned air conditioning with smart technology.

Radiant floor heating.

In-ceiling audio speakers.

Hardoor wardrobes with built in televisions.

Enzo Bertazzo Milano window treatments.

Custom, low E, double pane glass windows.

Lift and slide doors with UV protection.

Sub-Zero and Miele Appliances.

Kitchen by Marelli Interiors of Milan.

Glass backsplash.

Stainless steel designer sinktop.

KitchenAid In sink disposal.

Three private terraces including a private roofdeck.

Glass frameless railings.

Planter boxes with automated watering systems.

Inquire about this Property

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Features & Amenities

Unit Amenities

  • New Construction
  • Balcony
  • Laundry in Unit
  • View: City AND River

Building Amenities

  • New Construction
  • Laundry in Unit
  • Yes Air Conditioning
  • Sublets Allowed
  • Dogs Allowed
  • Cats Allowed
  • Central Air Conditioning
  • Balcony

Building Policies

  • Cats Allowed
  • Dogs Allowed
  • Sublets Allowed
Learn more about 78 South 3rd Street, Brooklyn, NY 11249

Listed By

History

Date Event Price
Oct 27, 2016 Sold $3,750,000
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May 4, 2016 Listed $3,750,000
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Property Analysis

Price Estimate

$3,787,500

HopScore Market Price

$3,750,000

Current Asking Price

+$37,500

Difference from Asking

Cap Rate Analysis

Operating Profit

$50,592
/

Purchase Price

$3,750,000
=

Cap Rate

1.35%
**

* Actual income may vary between $4,160 and $6,240 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 78 S 3rd St

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 78 S 3rd St

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 60 East 8th Street? Get detailed property transactions here.

Neighborhood

Stats & Trends

$1,595,000

Median Asking

15.07%

Above Asking

$1,394

Sale Price/ft²

292

Days on Market

Transportation

L

at Bedford Av 0.42 mi | 10 min walk

M

J

Z

at Marcy Av 0.43 mi | 10 min walk

G

L

at Metropolitan Av 0.60 mi | 15 min walk

M

J

at Hewes St 0.67 mi | 16 min walk

G

at Broadway 0.83 mi | 20 min walk

Schools

School Type Grades Distance
PS 84 JOSE DE DIEGO Elementary PK to 8 0.15 mi
JHS 50 JOHN D WELLS Middle School 6 to 8 0.28 mi
JUAN MOREL CAMPOS SECONDARY SCHOOL High School 6 to 12 0.9 mi
MARTA VALLE HIGH SCHOOL High School 9 to 12 1.21 mi
UNIVERSITY NEIGHBORHOOD HIGH SCHOOL High School 9 to 12 1 mi
BARD HIGH SCHOOL EARLY COLLEGE High School 9 to 12 0.68 mi
NEW EXPLORATIONS INTO SCIENCETECH AND MATH HIGH SCHOOL Other KG to 12 0.86 mi
PS/IS 137 RACHAEL JEAN MITCHELL Elementary PK to 8 3.31 mi
PS 165 IDA POSNER Elementary PK to 5 4.78 mi
ANDERSON SCHOOL (THE) Elementary KG to 8 4.74 mi
PS 41 FRANCIS WHITE Elementary KG to 8 4.74 mi
PS 150 CHRISTOPHER Elementary PK to 5 4.41 mi
PS 156 WAVERLY Elementary PK to 5 4.08 mi
PS/IS 155 NICHOLAS HERKIMER Elementary PK to 8 3.84 mi
BROOKLYN BROWNSTONE SCHOOL Elementary PK to 5 2.66 mi
NEW DESIGN HIGH SCHOOL High School 9 to 12 1.32 mi
ESSEX STREET ACADEMY High School 9 to 12 1.32 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$18,360

Per Month

Recent Transactions at 78 S 3rd St

Transaction history for 78 South 3rd Street

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)
Unit 2 2 2 1,144 Jun 20, 2020 Rachelle Camhi
Compass
$1,360,000 Apr 9, 2021
292 Days
$1,565,000
+15.07%
Joshua Baizer
Rebecca Ginsberg
Unit 2 - - - - - - Jul 7, 2017 $1,360,000 Darren Jonathan Frank
Unit 1 - - - - - - Nov 8, 2016 $2,520,170 Dana Ashburn 2002 Trust Agreement
Steven Grabowski As Trustee
Steven Hicks As Trustee

Apartments for Sale at 78 South 3rd Street

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

Apartments for Rent at 78 South 3rd Street

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 78 S 3rd St #3

Building at 78 South 3rd Street, Brooklyn, NY 11249

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