$2,100,000
Updated 10 years ago
Sold

303 South 4th Street

Williamsburg, Brooklyn | Keap Street & Rodney Street

6 Rooms5 Beds4 Baths2,100 Square FeetRental Property

$2,100,000
floors / apts3 / 3
Lot Size20'x71'3"
Built Size20'x32'
ZoneR6
Building TypeTownhouse
RE Taxes$2,207
Price Per SF
$1,000

This property was sold for $2,100,000 on 06/06/16.

Listing Features

  • Gas Heat
  • Window AC Units

Outdoor space and views

  • Backyard
  • Garden
  • Patio

Building Amenities

  • Voice Intercom
  • Garden
  • Gated Entry
  • Outdoor Parking
  • Stoop Entry

Property Description for 303 South 4th Street

1935 Built South Williamsburg Three Family Brick Townhouse on South 4th and Rodney Street, just three blocks from the J/M/Z on Broadway & Marcy. This well-maintained 20' wide three-story brick house consists of three residential apartments, currently generating substantial income. Existing property is 20' X 32' sitting on a 20' X 71' Lot; comes with over 1,300 SF of buildable FAR.The first floor, unit #1, is set up as a loft-like duplex residence with private backyard and two full bathrooms. The second and third floors are both generously sized two bedroom/one bath units sharing a near-identical layout. Units 1 & 2 are occupied and Unit 3 is vacant. The property CAN BE Delivered Vacant with Notice to current tenants. Projected rent roll is $10,500 per month ($126K gross income per year). Low operating expenses (under $10K per year) and the unlimited potential presents a special opportunity for users and/or investors

Listing History for 303 South 4th Street

Now
06/06/2016
$2,100,000
Sold and Closed by Evan F. Church
Corcoran
04/29/2016
Contract Signed by Evan F. Church
Corcoran

Building Details for 303 South 4th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1935
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.14 miles
Hewes St
0.2 miles
Metropolitan Av
0.32 miles
Broadway
0.35 miles
Lorimer St
0.43 miles

Citi Bike

S 4 St & Rodney St
0.03 miles
Division Ave & Hooper St
0.18 miles

Contact Agents

Contact Agents

Evan Church
Corcoran
Marvin Chu
Corcoran

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

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: 28789TH