$3,450,000
55 S 5TH Street, Brooklyn NY, 11249
Overview
Active
Listed Sep 2, 2026
Updated 4 days ago
Williamsburg Four-Unit Investment Opportunity 55 South 5th Street
A rare investor's dream just one block from the East River waterfront and Domino Park, this legal four-unit brick townhouse in the heart of Williamsburg offers immediate cash flow today and a clear path to full vacant possession tomorrow. Built in 1910 and thoughtfully renovated, the 20' x 40' building sits on a 20' x 73.67' lot, blending pre-war character with modern upgrades throughout.
The building delivers built-in flexibility for any investment strategy. One unit, a beautifully renovated one-bedroom plus den with private backyard access, is currently vacant. The remaining three spacious one-bedroom plus den units are tenant occupied, generating steady rental income. All existing leases roll off by March 2027, giving a buyer the rare ability to hold for income now and reposition, renovate, or redevelop the entire building free and clear on a known, near-term timeline.
$22,953/mo
Est. mortgage payment based on a $3,450,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20112237
Interior Features
- Bedrooms
- 4
- Bathrooms
- 4
- Fireplace
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.03 Acres
Other Property Details
- Taxes
- $7,308
- Tax Frequency
- Annually
Listing Courtesy of Douglas Elliman Real Estate - Sere Conde
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved
RLS Data display by . Data last updated on 10/3/2026 at 4:39 AM UTC
