#RLS11028736, George Arana, Listing Office: Brown Harris Stevens Residential Sales LLC
Property details
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.
Highlights
Home typeMulti Family
HeatingOther
StatusActive
CoolingOther
BasementYes
ParkingOther, Street
MLS #488247
FireplaceOther
Summary
- MLS Number: 488247
- Office Name: RE/MAX Elite
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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.
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Last updated on: 3/15/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,800,000
55 S 5th St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 07, 2019 | Home Sold | $2,850,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $869,400 | $7,106 |
| 2023 | $744,300 | $6,581 |
| 2021 | $589,050 | $5,541 |
| 2019 | $637,200 | $5,634 |
| 2018 | $40,493 | $4,769 |
| 2017 | $37,502 | $4,479 |
History based on county public records data.
Nearby schools
9
Success Academy Charter School-Williamsburg
Public Charter KG-4
0.3 mi
•183 S 3rd St Fl ST-4th
1
P.S. 16 Leonard Dunkly School
Public District PK-5
0.5 mi
•157 Wilson St
4
P.S. 17 Henry D. Woodworth School
Public District PK-5
0.5 mi
•208 N 5th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $92,686. Residents of Brooklyn, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
16%
<35k
39%
35k-100k
39%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
80%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
65%
18-34 yrs old
27%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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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.
In February 2025 more than 41 listings in Brooklyn, NY were sold above the asking price. During the same period more than 162 listings were sold at asking price, while more than 158 were sold below. Between January and February 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 3%. The median list price of listings available in February 2025 was $995,000, while the average time on the real estate market was 132 days.
From Rocket Homes Real Estate and based on county public records data.