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Listing Courtesy of Corcoran Group
$ 3,750,000
Est. payment /mo
New
307 S 4TH Street Brooklyn, NY 11211
3 Beds
4 Baths
4,750 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $789
Subdivision Williamsburg,South
MLS Listing ID RLS20017817
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1899
Annual Tax Amount $6,588
Property Sub-Type Multi Family
Property Description
Presenting a Once-in-a-Blue-Moon Redevelopment Opportunity to Create the Quintessential Residential Compound in Williamsburg.
This rare offering consists of two tax lots at 305 & 307 South 4th Street, spanning 40 ft. wide and 71.25 ft. deep. With up to approximately 6,270 total residential FAR allowed (to be independently verified) under R6 zoning, with a maximum 2.2 residential FAR and 4.8 community facility FAR, this is the prime location to build a single-family or multi-unit masterpiece. Imagine features such as a private drive-in garage, live/work loft or creative workspace with soaring ceilings, private courtyard, and roof terrace(s). Your dream space awaits with this limitless opportunity!
The existing masonry properties include a one-story garage with full-lot coverage at 305 (class G0), attached to a three-story townhouse at 307 (class C3). 307 South 4th showcases three well-maintained full-floor residential units with multiple exposures and a full-height basement (2,860 total Gross SF). Current annual taxes are $1279 (class 1), and $5310 (class 2A), respectively.
305-307 South 4th is conveniently located near major retail blocks including Broadway, Union Avenue, and Grand Street, in a highly desirable sector of South Williamsburg. You're surrounded by a myriad of options for cafes, restaurants, retail shopping, groceries, and public transportation. The J/M/Z subway lines at Marcy Avenue are just 5 minutes away. Right down the block, you'll find Rodney Park and CitiBike stations. The South Williamsburg Ferry Landing and brand new Domino Park/Campus also less than one mile away!
Please email the exclusive marketing team for the full offering memorandum and schedule showings by appointment only.
This rare offering consists of two tax lots at 305 & 307 South 4th Street, spanning 40 ft. wide and 71.25 ft. deep. With up to approximately 6,270 total residential FAR allowed (to be independently verified) under R6 zoning, with a maximum 2.2 residential FAR and 4.8 community facility FAR, this is the prime location to build a single-family or multi-unit masterpiece. Imagine features such as a private drive-in garage, live/work loft or creative workspace with soaring ceilings, private courtyard, and roof terrace(s). Your dream space awaits with this limitless opportunity!
The existing masonry properties include a one-story garage with full-lot coverage at 305 (class G0), attached to a three-story townhouse at 307 (class C3). 307 South 4th showcases three well-maintained full-floor residential units with multiple exposures and a full-height basement (2,860 total Gross SF). Current annual taxes are $1279 (class 1), and $5310 (class 2A), respectively.
305-307 South 4th is conveniently located near major retail blocks including Broadway, Union Avenue, and Grand Street, in a highly desirable sector of South Williamsburg. You're surrounded by a myriad of options for cafes, restaurants, retail shopping, groceries, and public transportation. The J/M/Z subway lines at Marcy Avenue are just 5 minutes away. Right down the block, you'll find Rodney Park and CitiBike stations. The South Williamsburg Ferry Landing and brand new Domino Park/Campus also less than one mile away!
Please email the exclusive marketing team for the full offering memorandum and schedule showings by appointment only.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Zoned
Fireplace No
Laundry In Unit
Exterior
View Y/N Yes
View Other
Porch Patio
Private Pool No
Building
Dwelling Type Townhouse
Story 4
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $549
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Elegran