$3,150,000
SOLD MAY 21, 2026
4 Beds
6 Baths
4,695 Sq Ft
1960 Built

Sale Details

Date Sold: May 21, 2026

$671 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • High Ceiling
  • P.S. 34 Oliver H Perry Rated A-
  • Wood Flooring
  • 3-minute walk to Lentol Garden

About This Home

As of May 2026

Exclusive Investment Opportunity in Prime Williamsburg Welcome to 175 Richardson Street—a brand new construction, exceptional investment opportunity nestled in the heart of Williamsburg, Brooklyn. This boutique, multi-story gem is a perfect blend of stability, tenant appeal, and prime location, making it a standout addition to any portfolio. Featuring two free-market residential rental units and one retail space, this fully occupied property delivers immediate, steady cash flow with potential for growth as leases renew. Above the commercial space are two stylish residential apartments: spacious bedrooms, a sunlit living room, a sleek chef’s kitchen, and a roomy living area. Both units include private outdoor spaces, perfect for unwinding in the heart of the city. With low operating expenses, this property achieves a solid 6.6% cap rate based on projected 2026 rents at the current asking price. Nestled in one of Brooklyn’s hottest rental markets, 175 Richardson Street combines unbeatable lifestyle perks with solid investment appeal. Steps from McCarren Park, trendy shops, vibrant dining, and excellent transit, it guarantees convenience and consistent renter demand. Perfect for a 1031 exchange or as a long-term income asset, this property offers both stability and growth potential. Seize the chance to own a piece of Williamsburg’s thriving real estate market!

Last Agent to Sell the Property

Christine Blackburn

Compass License #30BL1044983 Listed on: 01/21/2026

Compass

Co-Listed By

Lior Barak

Compass License #30BA1018530

Compass

Last Buyer's Agent

Lior Barak

Compass License #30BA1018530

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,592

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 24.080000x69.500000

HOA Fees

  • $1 per month

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,695 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring
  • City Views
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air
  • No Heating

Community Details

  • Williamsburg Subdivision
  • Rooftop Deck

Listing and Financial Details

  • Legal Lot and Block 0026 / 02725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,592

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

HOA Fees

$1 per month

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 1
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: High Ceilings, Recessed Lighting, Walk-In Closet(s)
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 4695.0
  • Living Area Units: Square Feet
  • Basement: No

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Central Air, Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 24.080000x69.500000

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 2
  • Year Built: 1960

Tax Info

  • Tax Block: 02725
  • Tax Lot: 0026
  • Tax Annual: 8592.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2026
Closed on
May 21, 2026
Sold by
Bought by
Seller's Agent
Christine Blackburn
Compass
Buyer's Agent
Lior Barak
Compass
List Price
$3,200,000
Sold Price
$3,150,000
Premium/Discount to List
-$50,000
-1.56%
Views
4

Purchase Details

Closed on
Apr 20, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2022
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $3,150,000 --
Deed $1,150,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 Sold $3,150,000 -1.6% $671 / Sq Ft
01/30/2026 01/30/26 Pending -- -- --
01/21/2026 01/21/26 For Sale $3,200,000 -- $682 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,648 $51,540 $17,880 $33,660
2025 $8,583 $47,580 $17,880 $29,700
2024 $8,583 $44,280 $17,880 $26,400
2023 $8,188 $42,600 $17,880 $24,720
2022 $7,593 $39,300 $17,880 $21,420
2021 $7,551 $35,880 $17,880 $18,000
2019 $8,829 $103,050 $27,000 $76,050
2018 $7,901 $94,050 $27,000 $67,050
2017 $7,078 $89,550 $27,000 $62,550
2016 $6,214 $70,650 $27,000 $43,650
2015 $3,251 $62,550 $27,000 $35,550
2014 $3,251 $58,950 $27,000 $31,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20067923

Real Estate Board of New York (REBNY)

APN: 02725-0026

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