217 S 3rd St

Brooklyn, NY 11211 View Map $4,699,000 Schedule a Tour
Sq.Ft.14,375
Year1910

Momentum Real Estate

(718) 382-0005

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Status: Active
Property Type:Mixed Use
MLS #:460584
Sq. Feet:14,375
On Site:352 Days
Lot Size:3,000 Sq. Ft.
County:Kings (Brooklyn)
First time on the market! An incredible opportunity to add this 15 unit mixed-use building to your investment portfolio. Located in a prime Williamsburg location. This five story, 14,375 Sq Ft building boasts 34 bedrooms, 15 baths, and 64 total rooms. Many of the units have been recently renovated, which also include new appliances for 6-7 of the units. Other renovations also include new roof, and new boiler, all done in the last four years. If you're looking for close proximity to Manhattan this location has it all. Buses and trains all within a short distance, and if you are commuting by car, the Williamsburg Bridge is just minutes away. Restaurants, bars, and shopping all throughout the area. Lots of potential and possibilities to add value to this gem. Don't miss out on this. Building: 25x105 (14,375). Lot: 25x120 (3,000). Zoning: R6. Year Built: 1910. Yearly Gross Income: $422,496.24. Yearly Net: $262,496.24. Property Taxes: $112,000. Yearly Expenses: $160,000. Rail Lines: J, M, G, L. Bus Lines: B39, B24, B60, B62, Q54, Q59, B46, B44-SBS, B44, B32.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
5/24/2022$8,500,000$7,800,000-8.2%
7/22/2022$7,800,000$7,100,000-9%
11/14/2022$7,100,000$5,700,000-19.7%
3/12/2023$5,700,000$4,699,000-17.6%

Community Information

Address:217 S 3rd St, Brooklyn, NY 11211
Subdivision:Brooklyn
Zip Code:11211

Architecture

Year Built:1910
Stories:5
Building Type: Attached
Construction Materials: Brick
Exterior: Brick
Building Footprint Sq Ft: 2625
Building Dimension: 105.00 x 25.00
Roof: Flat
Foundation: Block
Basement Amenities: Finished

Features / Amenities

Commercial Features Interior: Fire - Smoke Alarm
Flooring: Hardwood, Laminate
Heat Delivery: Steam/Radiator
Heating Fuel: Oil
Hot Water: Oil

Property Features

Lot Size: 3,000 Sq. Ft.
Lot Dimensions:25 x 120
Lot Number: 40
Yard: Back
Electric: 110 V, Circuit Breakers, Fuses
Zoning:R6

Tax and Financial Info

Financing: Bank Mortgage, Cash
Tax: $112,000
Fuel Expenses: $18,000
Insurance Expense: $8,000
Gross Expense: $160,000
Gross Income: $320,791

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217 S 3rd St Brooklyn,  NY 11211
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217 S 3rd St Brooklyn, NY 11211
 
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Listing Information Last Updated 3/24/2023
Listing provided courtesy of Madisonestates Sothebys Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Momentum Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 217 S 3rd St Brooklyn, NY 11211 with the MLS Number 460584 is currently listed at $4,699,000 and has been on the Brooklyn market for 351 days.

GeoCoordinates:
-73.9586725
40.711381

List Price: $4,699,000

You are viewing the MLS property details of the home for sale at 217 S 3rd St Brooklyn, NY 11211, which includes 0 bedrooms, 0 bathrooms and has approximately 14375 sq.ft. of living area.