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$8,880,000
List Price: $9,000,000
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177 South 4th Street
Townhouse in Williamsburg •  building info
5bd • 4ba • 17,860ft² $504 per ft²
Buy with Yoreevo

$8,880,000

List Price

$9,000,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
192
Last price change
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Estimated payment
$60,715
Taxes
Monthly maintenance
N/A
Description
Welcome to 177 S. 4th Street, a remarkable 17,860 SF building in Prime South Williamsburg with numerous conversion opportunities for investors or end-users. 177 S. 4th features 11-15 ceilings, windows on all sides, and numerous different ways for a value-add investor or end-user to convert to their preferred use. Currently setup as offices on the second floor (Use Group 6), with retail (UG 6) and Music Studios (UG 9) on the ground floor, the R6 zoning allows for residential use (UG 2), community facility use (UG 3&4), or continuing the non-conforming commercial use. Ownership is open to various proposals including a sale, a lease, a lease with a purchase option, a ground lease, or owner-financing. Building plans, a pro forma, and a memorandum of allowable uses can be provided upon request. Feel free to reach out for a setup, zoning memo, and pro forma.

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History
What it'll cost
Purchase price
$9,000,000
Asking Price: $9,000,000
Term
30 Years
Down Payment
$900,000 (10%)
Min: 10% (900,000)
Rate
6.5 %
Mortgage Amount
$8,100,000
Mortgage Payment
$51,198
Taxes
$9,517
Estimated Yoreevo rebate
$120,000
Estimated closing cost
$401,000
Total monthly cost $60,715
Buy your dream home with us and get an estimated
$120,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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