new - 5 days on rocket

55 S 5th St, Brooklyn, NY, 11249

$3,800,000

4 Full Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingOther, Street
HeatingOther
CoolingOther
BasementYes
FireplaceOther
MLS #488247
StatusActive

About 55 S 5th St

Just Listed: Prime Williamsburg 4-Family Gem! This beautifully renovated legal 4-family home is an investor’s dream or the perfect property for an end-user. Can be delivered completely VACANT, this property offers flexibility and endless possibilities in one of Brooklyn’s most desirable neighborhoods. • Unit 1: A stunning 1-bedroom with access to a private backyard oasis. • Units 2, 3, and 4: Spacious 2-bedroom apartments, all featuring high-end finishes and modern touches. • Basement: Four separate storage units provide additional space, plus the option to install a washer/dryer for added convenience. The flat roof opens the door to creating a rooftop deck, perfect for taking in breathtaking views. Located just minutes from Manhattan, and from public transportation, and surrounded by Williamsburg’s finest 5-star restaurants and boutique shops, this property embodies urban convenience and luxury. Don’t miss this incredible opportunity! Contact me today for more details or to schedule a private showing.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Elite

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Parking: Other, Street

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,800,000

Tax Information:

  • Annual Amount: $5,635
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

55 S 5th St vs Brooklyn

5 DAYS ON ROCKET

-106 Days

$3,800,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #488247

Listing Office:

  • Office Name: RE/MAX Elite

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/31/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 07, 2019Home Sold
$2,850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,635$637,200
2019$5,634$637,200
2018$4,769$40,493
2017$4,480$37,502

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2371744
9
/10
  • Success Academy Charter School-Williamsburg

  • 183 S 3rd St Fl ST-4th

  • 0.32 miles

  • Public Charter Grades KG-4

school-card-donut-2371745
2
/10
  • P.S. 16 Leonard Dunkly School

  • 157 Wilson St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-2371746
4
/10
  • P.S. 17 Henry D. Woodworth School

  • 208 N 5th St

  • 0.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,686. Most Brooklyn, NY residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkKings CountyBrooklyn1124955 S 5th St

This home is located at 55 S 5th St in Brooklyn, NY and zip code 11249 in the Williamsburg neighborhood. Features: 4 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $3,800,000.

Brooklyn, NY housing market in November 2024 saw over 28 listings sold above listed price, more than 196 sold at listed price and over 161 sold below. The inventory of homes for sale in Brooklyn, NY between October 2024 and November 2024 decreased by 10.5%. The median list price of listings available in November 2024 was $979,913, while the average time on the real estate market was 111 days.

From Rocket Homes Real Estate and based on county public records data.

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