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197 North 5th Street
Townhouse in Williamsburg •  building info
4bd • 3ba • 2,100ft² $1,143 per ft²
Sold price

$2,400,000

Key Details
Days on market
51
Last price change
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Estimated payment
$13,931
Taxes
$278
Monthly maintenance
N/A
Description
197 N 5th Street presents a rare opportunity to own a fully-detached townhouse with two parking spots, right in the heart of Williamsburg. Built in 1878 as the parsonage for the church next door, this 3-story, 4-bedroom, 3-bath home offers a wonderfully peaceful and private refuge from the bustle of Brooklyn. Coming home to 197 N 5th St youll drive through wide gates, stroll past a majestic tree in your front garden, and ascend a tall stoop with a deep portico. The intricately carved woodwork of the front door and surrounding entablature all intact. Inside youll find tall ceiling heights, hardwood floors, and two woodburning fireplaces which could be easily brought into working order. There are windows on three sides and the potential for windows on the west side too, with views over your neighbors gardens. Theres room to build about 1,500 additional square feet here, for a potential building size of 3,600 sf. This 18 ft wide property comes with an additional 3 ft wide access easement which runs the full 100 ft depth on the neighboring property at 199 N 5th St. The boutiques, restaurants, other amenities that have made Williamsburg famous are close by, as are McCarren Park, Williamsburgs waterfront parks, Whole Foods, Apple, and Equinox. For a quick commute to Manhattan and the rest of the city, the Bedford L is less than two blocks away, and the Metropolitan Ave G is just three blocks away. Come see this rare Williamsburg townhouse, and make it the backdrop for your next chapter in Brooklyn.

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Building info

History
What it'll cost
Purchase price
$2,400,000
Asking Price: $2,400,000
Term
30 Years
Down Payment
$240,000 (10%)
Min: 10% (240,000)
Rate
6.5 %
Mortgage Amount
$2,160,000
Mortgage Payment
$13,653
Taxes
$278
Estimated closing cost
$87,000
Total monthly cost $13,931
Listing Courtesy of Compass

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