$3,075,000
Updated 9 years ago
Sold

74 South 8th Street

Williamsburg, Brooklyn | Wythe Ave & Berry Street

3,600 Square FeetMulti-Family

$3,075,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x40'
ZoneR6
Building TypeTownhouse
RE Taxes$2,856
Price Per SF
$854

This property was sold for $3,075,000 on 11/29/16.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 74 South 8th Street

An exquisitely renovated legal three family townhouse with an enormous owner's triplex; close proximity to the Williamsburg waterfront and transportation. This townhouse encompasses modern charm and allows an end-user to live in an expansive home while collecting rent from two high income producing rentals. Each rental unit is comprised of 3BR's and 2 bathrooms, stainless steel appliances, white oak flooring throughout, classic subway tiles in the bathrooms, and white shaker cabinetry in the kitchens. Unit 2 is rented for $3,700 and unit 3 is rented for $3,800. Total rent role,not including the owner's triplex, equates to $7,500. Approx. 5% CAP RATE

The owner's triplex is thoughtfully laid out with 4BR's, 3.5 bathrooms, and a spacious living room that leads to an open kitchen, perfect for entertaining. The backyard is tiled with blue stone and includes an area for gardening. Additional features include Carrera marble in the master bath, high ceilings on the parlor level, abundant closet space, and a large cellar that could be utilized for wine storage or a game room!

Easy access to the water taxi, parking garages, the Williamsburg bike bath and the J/M/Z & L trains. Local favorites include Urban Market grocery, Brooklyn Industries, Peter Luger Steak House, Motorino Pizza, Meadowsweet, Diner, Streets BK and Marlow & Daughters, just to name a few.

Listing History for 74 South 8th Street

Now
11/30/2016
Price Increase by Jessica Peters
Douglas Elliman
11/29/2016
$3,075,000
Sold and Closed by Jessica Peters
Douglas Elliman

Building Details for 74 South 8th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.47 miles

Citi Bike

Broadway & Berry St
0.08 miles
Broadway & Kent Ave
0.13 miles

Ferry

South Williamsburg
0.2 miles

Contact Agent

Contact Agent

Jessica Peters
Douglas Elliman

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: 63423TH