$1,435,000
Updated 9 years ago
Sold

200 Ainslie Street

East Williamsburg, Brooklyn | Leonard Street & Manhattan Ave

9 Rooms3 Beds2 Baths1,700 Square FeetMulti-Family

$1,435,000
floors / apts2 / 3
Lot Size18'x100'
Built Size18'x30'
ZoneR6B
Building TypeTownhouse
RE Taxes$2,823
Price Per SF
$844

This property was sold for $1,435,000 on 02/28/17.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 200 Ainslie Street

Located in the heart of Williamsburg, 200 Ainslie Street is the perfect opportunity for an investor or end user. Convert to a single family, keep it as a two family and live with income, or take advantage of the 2.0 FAR and expand to approximately 3700SF of condos or rentals in a prime location on a tree-lined street in one of the most dynamic neighborhoods in the city. The property, currently approximately 1700SF with 4 bedrooms and 2 and half bathrooms, will be delivered vacant and currently measures approximately 18.67' X 30' sitting on an 18.67' X 100' lot.

The property is centrally located just 3 and a half blocks away from the L & G train station on Lorimer Street as well as 3 and a half blocks from the Graham Street L train station. With residential rents approaching $60 per square foot and condominium sellouts in the $1200-$1300 per square foot range, 200 Ainslie offers a unique residential development opportunity in one of Brooklyn's most sought-after neighborhoods.

Listing History for 200 Ainslie Street

Now
02/04/2017
Contract Signed by Warner Lewis
Brown Harris Stevens Residential Sales LLC
01/04/2017
$1,499,000 [-$301,000] [16.7%]
Price Drop by Warner Lewis
Brown Harris Stevens Residential Sales LLC

Building Details for 200 Ainslie Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Graham Av
0.18 miles
Lorimer St
0.23 miles
Metropolitan Av
0.27 miles
Grand St
0.3 miles
Montrose Av
0.48 miles

Citi Bike

Manhattan Ave & Devoe St
0.07 miles
Graham Ave & Grand St
0.13 miles

Contact Agents

Contact Agents

Warner Lewis
Brown Harris Stevens
Ari Harkov
Brown Harris Stevens

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: 63578TH