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Image 1 - 177 S 4th St, Brooklyn, New York, 11211 - House for sale
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Image 4 - 177 S 4th St, Brooklyn, New York, 11211 - House for sale
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Home For Sale In Brooklyn, New York
177 S 4th St, Brooklyn, New York, 11211

Home For Sale In Brooklyn, New York

house for sale
21 views
Listed: 01/17/24

177 S 4th St, Brooklyn, New York, 11211

5 Bed:
4 Bath:
17,860 Sq Ft Living Area:
Save
Price
$ 9M

About This House

Welcome to177 S.4th Street, a remarkable17, 860 SFbuilding 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 3and4), 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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Williamsburg Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.