This property is ComingSoon
ComingSoon · Listing by Douglas Elliman Real Estate
55 S 5TH Street
Williamsburg, Brooklyn
$3,450,000
$3,450,000
55 S 5TH Street
MLS® #RLS20107980
Listing by Douglas Elliman Real Estate
- 4
- Bedrooms
- 4
- Baths
- N/A
- Sq. Ft.
- 1910
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Character: Pre-war building (1910)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 4, 2026 | $3,450,000 | - |
| Currently | Aug 7, 2026 | $3,450,000 | - |
Description
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 with private backyard access, is currently vacant. The remaining three spacious two-bedroom 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.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Williamsburg
View All Williamsburg ListingsWilliamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.
Williamsburg Live Market Data
View NeighborhoodActive Listings
143
Median Asking Price
$1.93M
Median $/Sqft
$1,665
Avg Days on Market
N/A
New This Week
9
Price Reduced
20%
Sold (30 Days)
4
Median Sale Price
$2.00M
Live data from RLS at REBNY • Updated 8/7/26, 5:05 PM EST
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Location
55 S 5TH Street, Williamsburg, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $7,308, or roughly $609 per month. Verify the current assessment with your attorney before closing.
This property has 4 bedrooms and 4 full bathrooms.
According to MLS records, the building was constructed in 1910, making it approximately 116 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Sere Conde
Listing Contact: (917) 238-0350
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 8/7/2026 at 9:05 PM UTC
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Williamsburg Market Update
4 sales last 30 days · $1.93M median · 35.8 months supply
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Quick Facts
Monthly Costs Estimate
$690,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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