238-240 N 5th Street, Two Adjacent Prime North Williamsburg Buildings For Sale.
All Free Market Units
Attractive Assumable Debt at 3.85% thru 2027
Renovated Luxurious Turn Key Buildings.
Below Market Rents - Mark to Market Opportunity
Potential Live + Income Opportunity
High Cap Rate- Current NOI of ~329,000. Projected NOI of ~459,000
1st Floor Units have large private backyards, and large downstairs recreation rooms with half bathroom in lower level.
Steps away from prime Williamsburg dining, shopping and Bedford L Train.
Email Listing Broker for full setup with financials.
Sold
$6,150,000
238 N 5th St, Brooklyn, NY 11211
15beds
6,232sqft
Rental Unit
Built in 1910
-- sqft lot
$6,945,700 Zestimate®
$987/sqft
$-- Estimated rent
Home value
$6,945,700
$5.70M - $8.54M
Not available
Zestimate® history
Owner options
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$40,385/mo
Est. payment
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$40,385/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michael Sherman,
Baseline Real Estate Advisors
Source: StreetEasy,MLS#: S1673617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 10
- Full bathrooms: 8
- 1/2 bathrooms: 2
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 6,232
- Total interior livable area: 6,232 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Williamsburg
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $987/sqft
- Date on market: 7/27/2023
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2024 | Sold | $6,150,000-3.8%$987/sqft |
Source: StreetEasy #S1673617 Report a problem | ||
| 3/18/2024 | Pending sale | $6,395,000$1,026/sqft |
Source: StreetEasy Report a problem | ||
| 1/11/2024 | Price change | $6,395,000-4.6%$1,026/sqft |
Source: StreetEasy Report a problem | ||
| 10/30/2023 | Price change | $6,700,000-4.1%$1,075/sqft |
Source: StreetEasy Report a problem | ||
| 10/16/2023 | Price change | $6,990,000-0.1%$1,122/sqft |
Source: StreetEasy Report a problem | ||
| 8/29/2023 | Price change | $7,000,000-6%$1,123/sqft |
Source: StreetEasy Report a problem | ||
| 7/27/2023 | Listed for sale | $7,450,000$1,195/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Williamsburg
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Nearby schools
GreatSchools rating
- 8/10Ps 17 Henry D WoodworthGrades: PK-5Distance: 0.1 mi
- 5/10Conselyea Preparatory SchoolGrades: 6-8Distance: 0.1 mi
- 8/10Williamsburg High School for Architecture and DesignGrades: 9-12Distance: 0.1 mi
