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The Harkov Lewis Team

Lic. Assoc. R.E. Broker
Office:(212) 381-4246

Specializing in Luxury Residential Sales in Manhattan and Brooklyn


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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Halstead Property agent.

232 North 5th Street

,
Brooklyn,  Brooklyn, NY

Townhouse

$1,999,000

Williamsburg TH/Development Opportunity

Located in the heart of Williamsburg, 232 North 5th Street is the perfect opportunity for an investor, developer, or end user. Convert to a single family, convert to a two family and live with income, or take advantage of the 2.2 FAR and expand to approximately 3262SF of condos or rentals in a prime location on a tree-lined street in one of the most dynamic neighborhoods in the city. The property, currently approximately 1483SF, will be delivered with one rent control tenant in place on the top floor and currently measures approximately 20 X 30' on a 21' X 70.75' lot.

The property is centrally located just 4 blocks away from the L train station at Bedford Avenue and 3-4 blocks from the G train at Metropolitan Avenue. With neighborhood residential rents exceeding $70 per square foot and condominium sellouts in the $1500 per square foot range, 232 North 5th Street offers a unique residential development opportunity in one of Brooklyn's most sought-after neighborhoods.

Property Floorplan

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Property Details

Web #:19366560
Price: $1,999,000
Real Estate Tax: $303.92
Mortgage Calculator Property Type: Townhouse

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Noorman's Kil (0.48 mi)
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Public (0.41 mi)
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