$3,100,000
Updated 8 years ago
Off Market

57 Stagg Street

East Williamsburg, Brooklyn | Lorimer Street & Leonard Street

16 Rooms10 Beds4 Baths3,200 Square FeetIncome Property

$3,100,000
floors / apts3 / 5
Lot Size20'x80'
Built Size20'x35'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,033
Price Per SF
$969

Listing Features

  • Central AC
  • Central Heat

Outdoor space and views

  • Backyard
  • Balcony

Building Amenities

  • Voice Intercom
  • Playroom
  • Roof Deck

Property Description for 57 Stagg Street

A rare opportunity for investors and homeowners alike, 57 Stagg is a gut-renovated multi-family townhouse boasting over $170,000/year of income potential. Features of this pristine Williamsburg property include a spacious, 20’ x 80’ lot, a grey brick fac¸ade, central heating and cooling, a fenced-in backyard paved with stone bricks, a shared basement with washer/dryer hookups, central heating and cooling, and a quartet of pristine 2- and 3-bedroom rental units.

Each unit possesses hardwood floors, large windows with northern and southern exposure, an immaculate full bathroom with marble and subway tiled walls, open plan layouts, and tasteful kitchens equipped with sleek countertops, mosaic tile backsplashes, and a suite of high-end stainless steel appliances. Three of the units have rear-facing balconies while the ground floor apartment has access to the backyard.

Located in Williamsburg, 57 Stagg Street is just steps from all the restaurants, cafes, bars, and shops that line Grand Street and Union Avenue. It is only three blocks from Sternberg Park, and is close to the G/M/J/L subway lines.

Listing History for 57 Stagg Street

Now
04/08/2019
TOM by Natanel Malkoukian
Nest Seekers International
01/21/2019
New Agency by Natanel Malkoukian
Nest Seekers International

Building Details for 57 Stagg Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/5
Learn More About the Building

Transit and Citi Bike

Subway

Broadway
0.24 miles
Metropolitan Av
0.3 miles
Hewes St
0.32 miles
Lorimer St
0.35 miles
Lorimer St
0.37 miles

Citi Bike

Scholes St & Lorimer St
0.07 miles
Leonard St & Maujer St
0.1 miles

Contact Agents

Contact Agents

Licensed As
Natanel Malkoukian
Salesperson
License#:
10401307136
Company:
Nest Seekers International
Natanel Malkoukian
Nest Seekers International
Ryan Serhant
Nest Seekers International
Licensed As
Irina Balueva
Salesperson
License#:
10401282765
Company:
Nest Seekers International
Irina Balueva
Nest Seekers International

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 63296TH