$15,500,000
Updated a year ago
Off Market

251-253 North 8th Street

Williamsburg, Brooklyn | Roebling Street & Havemeyer Street

37 Rooms37 Beds20 Baths13,000 Square FeetIncome Property

$15,500,000
floors / apts4 / 16
Lot Size50'x100'
Built Size100'x65'
ZoneM1-2
Building TypeTownhouse
RE Taxes$17,316
Price Per SF
$1,192

Building Amenities

  • Voice Intercom

Property Description for 251-253 North 8th Street

Rarely does an opportunity come to own a luxury turnkey cash flowing goldmine in the heart of Williamsburg. 251-253 North 8th Street is a package deal of two contiguous buildings with a total of 16 units located in coveted Williamsburg, Brooklyn. The properties are approximately 13,000 SF containing a mixture of one, two and three bedroom apartments. Buildings dimensions are 50' x 65' and sprawling. The building is an absolute trophy property, breathtaking and just received a massive upgrade on its impressive 11 free market apartments. Apartment features ranging from recessed lighting, in unit laundry, dishwashers, quartz countertops, custom chefs kitchens, HVAC, luxury finishes and more. The property offers an excellent opportunity for investors to be a part of a cash flowing gem with approx $837K gross income and incredible upside in the heart of Williamsburg. The neighborhood provides residents with an abundance of cultural institutions, restaurants, Brooklyn waterfront, shops and more. Perfectly located just steps from the Bedford L train and Brooklyn waterfront. Contact us today for the set up. Will not last.

Listing History for 251-253 North 8th Street

Now
04/07/2025
TOM by Sarah Sawyer
Compass
02/18/2025
$15,500,000
Initial Price by Sarah Sawyer
Compass

Building Details for 251-253 North 8th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/16
Learn More About the Building

Contact Agents

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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: 99277TH