$4,800,000
Updated 6 years ago
Off Market

788 Driggs Ave

Williamsburg, Brooklyn | South 3rd Street & South 4th Street

9 Rooms5 Beds4 Baths3,864 Square FeetMixed Use

$4,800,000
floors / apts3 / 2
ZoneR6
Building TypeLow-Rise
RE Taxes$7,374
Price Per SF
$1,242

Listing Features

  • High Ceilings
  • Original Details
  • Oversized Windows

Property Description for 788 Driggs Ave

This prime location is a pre-war mixed use property on the corner of South 4th St & Driggs Avenue. The ground floor has two commercial spaces, which houses
thriving businesses. The entire 2nd floor is an airy 2 bedroom/1 bath apartment with its own sundeck. The entire 3rd floor is a bright and spacious 3 bedroom/1 bath apartment. 788 Driggs Avenue is located 1 block away from the Williamsburg Bridge, 4 blocks away from the East River water front, and is within an 8 minute walk from the M/J/Z train lines, or an 11 minute walk from the L train.

788 Driggs Avenue is a well-oiled machine generating at a 4% cap rate. “The Southside”, as it’s called by its residences; has the perfect balance of an urban community atmosphere. It is also at a great proximity to diverse mom & pop shops and well-known stores like Wholefoods, Apple store and many parks, vast restaurants and bars for which Williamsburg is known. Make this your next great investment for 2020!

Further information upon request.

Building Details for 788 Driggs Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.29 miles
Bedford Av
0.47 miles

Citi Bike

S 5 Pl & S 5 St
0.08 miles
Driggs Ave & S 2 St
0.09 miles

Ferry

South Williamsburg
0.5 miles

Contact Agents

Contact Agents

Licensed As
Caliz Elizabeth Diaz
Salesperson
License#:
10491203697
Company:
Nest Seekers International
Caliz Diaz
Nest Seekers International
Licensed As
Jhonny Mansilla
Associate Broker
License#:
10351207645
Company:
Nest Seekers International
Johnny Mansilla
Nest Seekers International

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: 78370TH