Welcome to this once in a lifetime opportunity to own a three family home with multiple parking spaces on the south side of Williamsburg.
The property is nestled on South 3rd street in prime Williamsburg, Brooklyn. Only a single subway stop from the Hewes street J,Z train separates this property from Manhattan as well as multiple Q and B bus lines.
Williamsburg is Brooklyn's premier neighborhood boasting a reputation that is world renowned in both the arts and culture. Here you will find gleaming new construction designed by world famous architects as well as pre-war structures dating back to New York’s renaissance.
This property was built in 2000 and underwent a renovation in 2011 which changed it from a legal two family to a legal three family. The upward extension added roughly 1,200 square feet which gives it a grand total of 4,960 square feet. The current layout is 7 Bedrooms and 9 Full Bathrooms split between the three units. The private driveway boasts parking for three vehicles. Through the common hallway, all three units have access to the common rooftop. The 2nd and 3rd floors both have private balconies. All three apartments have washers and dryers in their units.
Upon conjoining the 1st floor unit to the below grade area in the building you can create a duplex that will increase the building’s rental income. The estimated gross income of the building is $16,500 monthly.
Assessed Value is a combination of the land and additions.
2024
$9,084
(+6%)
$190,260
Land 21,000 +
Additions 241,980
2023
$8,570
(+4.83%)
$190,260
Land 21,000 +
Additions 211,440
2022
$8,175
(-48.85%)
$190,260
Land 21,000 +
Additions 169,260
2021
$15,984
(+117.28%)
$153,480
Land 21,000 +
Additions 132,480
2020
$7,356
(+11.32%)
$138,540
Land 21,000 +
Additions 117,540
2019
$6,608
(+40.23%)
$138,540
Land 21,000 +
Additions 117,540
2017
$4,712
$35,556
Land 9,485 +
Additions 26,071
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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