164 4Th StBrooklyn, NY 11211

For Sale
$4,795,000

Five-unit multifamily, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional investment opportunity presents a well-maintained five-unit apartment building located at 164 S 4th Street in the vibrant Williamsburg neighborhood of Brooklyn, New York. Built in 1899, this four-story building sits on a 1,426 square foot lot and is zoned M1-2/R6, MX-8, offering potential for future development or expansion. The asking price is $4,795,000, translating to a price per unit of $959,000 and a price per square foot of $906. The property's strong cash flow makes it an attractive investment for both seasoned and new investors seeking a foothold in the thriving Brooklyn real estate market. The building's classic architecture blends seamlessly with the area's unique character. Its central location provides easy access to a wealth of amenities, including diverse dining options, shopping, cultural attractions, and excellent transportation links. This is a rare chance to acquire a well-positioned multifamily property in one of Brooklyn's most sought-after neighborhoods. The property's solid construction and desirable location ensure a strong return on investment for years to come. Serious inquiries are encouraged to explore this lucrative opportunity further.

Highlights

  • Exceptional five-unit apartment building investment opportunity in Williamsburg, Brooklyn.
  • Located at 164 S 4th Street, on a 1,426 sq ft lot.
  • Four-story building, built in 1899, zoned M1-2/R6, MX-8, offering development potential.
  • Asking price: $4,795,000 ($959,000 per unit, $906 per sq ft).
  • Strong cash flow and desirable location in a thriving market.

Property Details for 164 4Th St

Property type
Multifamily properties, Apartment buildings
Year Built
1899
Buildings
1
Stories
4
Units
5

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.711225
Longitude
-73.961643
164 4Th St, Brooklyn, New York

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164 4Th St
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