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Renovated Four-Unit Brick Quadplex
New
For Sale
$3,450,000

55 S 5TH Street, Brooklyn, NY 11249

Legal townhouse includes one vacant apartment and three occupied two-bedroom units with leases ending by March 2027.

Property Size800 SF
Lot Size0.03 Acres
Price / SF$4,312
Days on Market7

Property Features for 55 S 5TH Street

General Information

Standard status Active
Size 800 SF
Lot size 0.03 Acres
Property subtype Multi Family

Units

Unit Mix 1 x 1BR, 3 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,308

Building Details

Building Size 800 SF
Year Built 1910
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Douglas Elliman Real Estate
Listed By: Sere Conde · License #SL3609808
Source: Carytamura
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 6:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This legal four-unit brick townhouse at 55 S 5th Street is a 1910-built residential income property with modern updates. The building measures 20 feet by 40 feet and occupies a 20-foot by 73.67-foot lot. Its unit mix includes one renovated one-bedroom apartment with private backyard access and three two-bedroom apartments that are currently tenant occupied. The property size is listed at 800 square feet.

The building is located one block from the East River waterfront and Domino Park in Williamsburg, Brooklyn. Existing leases are scheduled to expire by March 2027, establishing a defined timeline for continued rental operations or future repositioning of the property.

Key Highlights

  • Legal four‑unit brick townhouse in Williamsburg
  • Built in 1910 and renovated with modern updates
  • 20' x 40' building on a 20' x 73.67' lot

Property Analytics

Current Use

Enigma Expediting Building Consultant Fifth & Wythe Apartment Building S2 STORAGE Williamsburg Storage Facility Furnished Quarters Travel Agency Roles and Goals LLC Consultant

Suggested Use

Top Pick Law Firm Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,267
Businesses Nearby

Demographics for 11249, NY

42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal townhouse includes one vacant apartment and three occupied two-bedroom units with leases ending by March 2027.
Where is this quadplex located?
The property is located at 55 S 5TH Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Legal four‑unit brick townhouse in Williamsburg; Built in 1910 and renovated with modern updates; 20' x 40' building on a 20' x 73.67' lot
More about this property
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