Multi Family, 55 S 5TH Street #, North Side-South Side - Powered by DMT

‹ Back to Listings

Status: Active

55 S 5TH Street, #

North Side-South Side

$3,450,000
 |  4 Beds  |  4 Baths   | 2,972SF

Description

Williamsburg Four-Unit Investment Opportunity 55 South 5th Street

A rare investor's dream just one block from the East River waterfront and Domino Park, this legal four-unit brick townhouse in the heart of Williamsburg offers immediate cash flow today and a clear path to full vacant possession tomorrow. Built in 1910 and thoughtfully renovated, the 20' x 40' building sits on a 20' x 73.67' lot, blending pre-war character with modern upgrades throughout.

The building delivers built-in flexibility for any investment strategy. One unit, a beautifully renovated one-bedroom plus den with private backyard access, is currently vacant. The remaining three spacious one-bedroom plus den units are tenant occupied, generating steady rental income. All existing leases roll off by March 2027, giving a buyer the rare ability to hold for income now and reposition, renovate, or redevelop the entire building free and clear on a known, near-term timeline.

Listing courtesy of Douglas Elliman Real Estate

Property Details

  • Multi Family

Amenities

  • Pets: Building Yes, No
  • Smoke Free
  • View: Other
  • Washer Dryer Allowed

The Neighborhood

North
Side-south
Clinton Hill

North Side-south Side Guide ›
All Neighborhoods ›

For information on 55 S 5TH Street, # contact:

realtor top real estate agent

Katelyn Cuadro

Licensed RE Salesperson

Licensed RE Salesperson
Kate@devmarketingteam.com

Listing courtesy of Douglas Elliman Real Estate
The First Name field is required.
The Last Name field is required.
The Email field is required.
The Mobile Number field is required..