$3,250,000
Updated 4 years ago
Off Market

323 South 5th Street

Williamsburg, Brooklyn | Rodney Street & Keap Street

4,556 Square FeetMulti-Family

$3,250,000
floors / apts4 / 3
Lot Size21'5"x100'8"
Built Size21'5"x50'
ZoneR6
Building TypeTownhouse
RE Taxes$3,246
Price Per SF
$713

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 323 South 5th Street

• Zone 6
• Lot Frontage 21.50 ft
• Lot Depth 100.83 ft
• Lot Sq. Ft. 2,168
• Building 21.50 ft
•Building Depth 50.00 ft
• Finished Sq. Ft. 3,360
• Year Bulit 1899
• 4 Level Unit Apt. Plus basement level & backyard 
~ Expenses Monthly
• Elctric: $180
• Water: $200
• Oil: $800
• Prpty. Taxes: $265 
• Insurance: $450 

Expenses=
Monthly $1,897
Yearly $22,740

~ Rentroll Monthly
• Unit 1
2-Bdrm w. Backyard +basement 
$4,200 

• Unit 2 
1-Mstr Bdrm w.fireplace
$3,800 

• Unit 3
3-Bdrm 
$4,150

• Unit 4
3-Bdrm 
$4,100
Rentroll=
Monthly $16,250
Yearly $195,000

Note: seller is not paying fee, buyers brokers will have to CYOF from the buyer

Can be delivered with ground floor & backyard vacant

Listing History for 323 South 5th Street

Now
11/03/2022
POM by Nathaniel J. Smith
Oxford Property Group
08/01/2022
$3,250,000
Initial Price by Nathaniel J. Smith
Oxford Property Group

Building Details for 323 South 5th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.11 miles
Hewes St
0.18 miles
Broadway
0.34 miles
Metropolitan Av
0.36 miles
Lorimer St
0.47 miles

Citi Bike

S 4 St & Rodney St
0.05 miles
Division Ave & Hooper St
0.15 miles

Contact Agent

Contact Agent

Nathaniel Smith
FIND Real Estate

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: 87270TH