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$4,425,000
List price: $4,500,000
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305-307 South 4th Street
Townhouse in Williamsburg •  building info
3bd • 3.5ba
Buy with Yoreevo

$4,425,000

List price

$4,500,000

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photo of agent
Leon Goldfeld
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Key Details
Days on market
157
Last price change
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Estimated payment
$30,200
Taxes
$5,918
Monthly maintenance
N/A
Description
Presenting a once-in-a Blue Moon redevelopment opportunity to create the quintessential single-family masterpiece in Williamsburg. The offering consists of two (2x) tax lots on 305 & 307 South 4th Street spanning 40 ft. wide and 71.25 ft. deep. Up to ~6,925 total residential FAR is allowed (to be independently verified) ?R6 Zoning with Max 2.43 Resi FAR & 4.8 Community Facility FAR. Situated on a tranquil residential block, this is the prime location to build an astounding residential compound with features such as: private garage with legal curb cut, live/work loft or workspace with soaring ceilings, private courtyard and roof terrace(s). Your dream home awaits by realizing this limitless/rare opportunity!The existing masonry properties are comprised of: a ~ 2,050 SF one-story garage in 305 (class G0), attached to a ~ 2,160 three-story townhouse in 307 (class C3). 307 South 4th showcases three (3) well-maintained full-floor residential units with multiple exposures and full-ht basement (~2,860 total Gross SF). Will be Delivered Vacant!305-307 South 4th is right off of major retail blocks including Broadway, Union Avenue & Grand Street, in a highly-desirable sector of South Williamsburg. You?re surrounded by a myriad of options for cafes, restaurants, retail shopping, groceries, and public transportation options. Within 5 minutes away is the J/M/Z on Marcy Av. Right down the block you?ll find Rodney Park & CitiBike stations. The South Williamsburg Ferry Landing is also less than one mile away.

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History
What it'll cost
Purchase price
$4,500,000
Asking Price: $4,500,000
Term
30 Years
Down Payment
$450,000 (10%)
Min: 10% (450,000)
Rate
6.0 %
Mortgage Amount
$4,050,000
Mortgage Payment
$24,282
Taxes
$5,918
Estimated Yoreevo rebate
Estimated closing cost
Total monthly cost $30,200
Buy your dream home with us and get an estimated
$75,000 rebate.
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Courtesy of Corcoran Group

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