127 N 4Th St Brooklyn, NY 11249

Property Details for 127 N 4Th St

Year built

1910

Lot size

0.06 lot acres

Property size

3,000 SF

Zone code

R6B

Property type

Apartment buildings

APN

02343-0023

APU

23430023

Description

This well-maintained three-story apartment building at 127 N 4th Street in Williamsburg, Kings County, NY 11249, offers a compelling investment opportunity. The 3,000 square foot building, constructed in 1910, sits on a 0.06-acre lot and features six units, currently priced at $3,995,000 ($665,833.33 per unit). The property includes one parking space located in a detached garage at the front of the 25' x 100' lot. The building is situated 50 feet from the sidewalk at the rear of the lot. Three units will be delivered vacant, presenting significant potential for immediate income generation or renovation. Its prime location between Berry Street and Bedford Avenue provides easy access to various transportation options, including the recently upgraded L train, J, M, and G trains, buses, and the East River Ferry, offering convenient commutes to Manhattan. The surrounding neighborhood boasts a vibrant atmosphere with an abundance of amenities, including Whole Foods, an Apple Store, Martha's Bakery, and numerous restaurants, cafes, and shops. Families will appreciate the proximity to Domino Park and East River State Park, both just blocks away. This property is ideal for investors, developers, or owner-occupants seeking a strong foothold in a thriving Brooklyn neighborhood. The building's size and location make it a highly attractive investment prospect.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9599

Latitude

40.7167

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments