$2,395,000
Updated 10 years ago
Off Market

179 Richards Street

Red Hook, Brooklyn | Wolcott Street & Dikeman Street

5 Beds5 Baths3,870 Square FeetIncome Property

$2,395,000
floors / apts3 / 5
Lot Size25'6"x100'
Building TypeTownhouse
RE Taxes$12,655
Price Per SF
$619

Outdoor space and views

  • Backyard [27'x48']

Building Amenities

  • Voice Intercom

Property Description for 179 Richards Street

Have you been looking for a live/work property in Red Hook? YOUR WAIT IS OVER! 179 Richards Street is a super-scarce, 25 x 50, brick building, one of the few 25-foot-wide buildings in the entire neighborhood. The property consists of four 1.5-bedroom apartments, all of which that have been renovated within the last 7 years. The ground-floor commercial space can potentially be expanded to occupy the entire ground floor and is ideal as an art studio/gallery, yoga/pilates studio or learning center. Each apartment has its own furnace and hot water tank, all less than 5 years old. The first 2 floors will be delivered vacant while the remaining leases expire by May, 2016. Located in one of Brooklyn's most rapidly-developing neighborhoods and near the elite Basis Independent School. Also a stone's throw away are local favorites Fairway Supermarket, Hometown Barbecue, Brooklyn Crab, Valentino Pier and the NYC Water Taxi. Last but not least, exciting new developments are currently underway including the arrival of Tesla Motors, Est4te Four's mega-development, Red Hook Innovation Studios and the recently-proposed Brooklyn-to-Queens trolley! The incredible amount of development currently underway in Red Hook provides HUGE upside for what is already an amazing property.

Listing History for 179 Richards Street

Now
11/02/2016
POM by Steven M. Roman
Douglas Elliman
08/07/2016
$2,395,000 [-$54,000] [2.2%]
Price Drop by Steven M. Roman
Douglas Elliman

Building Details for 179 Richards Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/5
Learn More About the Building

Transit and Citi Bike

Citi Bike

Dwight St & Dikeman St
0.09 miles
Van Brunt St & Wolcott St
0.12 miles

Ferry

Red Hook/Atlantic Basin
0.37 miles

Contact Agent

Contact Agent

Steven Roman
Douglas Elliman

Red Hook | Brooklyn

Quick Profile

Filled with quaint charm and picturesque views, Red Hook is a haven for those seeking a laid-back vibe. The community has weathered many storms both figurative and literal since its settlement in 1836 by Dutch colonists. From being one of the most bustling freight ports in the world in the 1920s to being named one of the worst neighborhoods in America for its crack epidemic in the 1990s, Red Hook has gone through many evolutions to become the dynamic neighborhood it is today. 

Rich with creativity, the area is home to many artists specializing in an array of crafts, ranging from furniture design to glassblowing to woodworking. With many art galleries and moderately priced studios and lofts, the neighborhood is teeming with talent attracted by the energy and live/work space concept. 

The overall sense of being among a close-knit community is further spurred on by annual events such as the Red Hook Waterfront Arts Festival, as well as a reading series co-hosted by BookCourt once a month at neighborhood staple Sunny’s Bar. The changing shape and infrastructure of Red Hook was thrown for a loop in 2012, with the damaging effects of Hurricane Sandy that left many buildings and businesses in need of repair during resulting closures. 

Since its post-Sandy revitalization, the neighborhood has continued to attract many visitors to its unique and eclectic ambience, with ferries from Pier 11 in Manhattan to IKEA that operate daily. 

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: 64618TH