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55 S 5th Street, Brooklyn, NY 11249

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
55 S 5th Street,Brooklyn, NY 11249
$3,450,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: sere conde
Office: douglas elliman real estate
MLS#:RLS20107980
Source:NY_REBNY

Price summary

  • Price:$3,450,000

About this home

<p>Williamsburg four-Unit Investment Opportunity 55 South 5th Street</p> <p> A rare investor's dream just one block from the East River waterfront and Domino Park, this legal four-unit brick townhouse in the heart of Williamsburg offers immediate cash flow today and a clear path to full vacant possession tomorrow. Built in 1910 and thoughtfully renovated, the 20' x 40' building sits on a 20' x 73.67' lot, blending pre-war character with modern upgrades throughout.</p> <p> The building delivers built-in flexibility for any investment strategy. One unit, a beautifully renovated one-bedroom with private backyard access, is currently vacant. The remaining three spacious two-bedroom units are tenant occupied, generating steady rental income. All existing leases roll off by March 2027, giving a buyer the rare ability to hold for income now and reposition, renovate, or redevelop the entire building free and clear on a known, near-term timeline.</p>

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Home facts

  • Year built:1910
  • Subdivision & Development:Williamsburg
  • Listing ID #:RLS20107980
  • Updated:August 08, 2026 at 11:12 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:4
  • Basement:Yes

Structure and exterior

  • Year built:1910

Finances and disclosures

  • Price:$3,450,000
  • Tax amount:$7,308
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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