195 North 5th Street

Williamsburg   |   Driggs Avenue & Roebling Street

Price Drop
Building For Sale
$ 3,250,000 [ 6.88% | $ 240,000 ]
Ownership Multi-Family
Lot Size 22'x100'
Floors/Apts 3/3
Status Active
Real Estate Taxes [Per Annum] $ 3,636
Building Type Townhouse
Building Size 22'x40'
Year Built 1899
ASF/ASM 2,904/270
Listing ID: 81861TH

Property Description

Welcome to 195 N. 5th Street, a remarkable three-family home on a tree-lined block in prime Williamsburg. Lovingly maintained and updated by its current owners for decades, 195 N. 5th features wide-plank hardwood floors and high ceilings welcoming wonderful light. The very usable layout showcases its 22’ width, and there an idyllic backyard with a beautifully planted garden, picnic area, and the possibility for permitting the well-maintained roof with fantastic views! Perhaps more than anything, the interrelation of the classic – moldings, trims, rounded stairs with details throughout – along with modern finishes, create a unique and highly desirable opportunity. There is currently a tenant in the lower unit, but the building is available for showings and can be delivered vacant. 195 N. 5th offers significant income potential for an investor who continues its current use, converts the the to condominiums, and/or use the additional ~1500 SF of air rights. In addition, one could convert it into one of the best single-family homes in Brooklyn. Feel free to reach out with any questions.
Welcome to 195 N. 5th Street, a remarkable three-family home on a tree-lined block in prime Williamsburg. Lovingly maintained and updated by its current owners for decades, 195 N. 5th features wide-plank hardwood floors and high ceilings welcoming wonderful light. The very usable layout showcases its 22’ width, and there an idyllic backyard with a beautifully planted garden, picnic area, and the possibility for permitting the well-maintained roof with fantastic views! Perhaps more than anything, the interrelation of the classic – moldings, trims, rounded stairs with details throughout – along with modern finishes, create a unique and highly desirable opportunity. There is currently a tenant in the lower unit, but the building is available for showings and can be delivered vacant. 195 N. 5th offers significant income potential for an investor who continues its current use, converts the the to condominiums, and/or use the additional ~1500 SF of air rights. In addition, one could convert it into one of the best single-family homes in Brooklyn. Feel free to reach out with any questions.

Listing Courtesy of Compass

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Apartment Features

A/C

Outdoor

Private Garden
195 North 5th Street Williamsburg Brooklyn NY 11211

Building Details [195 North 5th Street]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 2337/40
Building Size 22'x40'
Zoning R6B
Building Type Townhouse
Year Built 1899
Floors/Apts 3/3
Lot Size 22'x100'

Building Amenities

Garden

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.