307 S 4th St Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $17,287/month
Highlights
- Patio
- 3-minute walk to Marcy Avenue
- 1-minute walk to Strawberry Playground
- Zoned Cooling
- Garage
About This Home
Presenting a Once-in-a-Blue-Moon Redevelopment Opportunity to Create the Quintessential Residential Compound in Williamsburg.
This rare offering consists of two tax lots at 305 & 307 South 4th Street, spanning 40 ft. wide and 71.25 ft. deep. With up to approximately 6,270 total residential FAR allowed (to be independently verified) under R6 zoning, with a maximum 2.2 residential FAR and 4.8 community facility FAR, this is the prime location to build a single-family or multi-unit masterpiece. Imagine features such as a private drive-in garage, live/work loft or creative workspace with soaring ceilings, private courtyard, and roof terrace(s). Your dream space awaits with this limitless opportunity!
The existing masonry properties include a one-story garage with full-lot coverage at 305 (class G0), attached to a three-story townhouse at 307 (class C3). 307 South 4th showcases three well-maintained full-floor residential units with multiple exposures and a full-height basement (2,860 total Gross SF). Current annual taxes are $1279 (class 1), and $5310 (class 2A), respectively.
305-307 South 4th is conveniently located near major retail blocks including Broadway, Union Avenue, and 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. The J/M/Z subway lines at Marcy Avenue are just 5 minutes away. Right down the block, you'll find Rodney Park and CitiBike stations. The South Williamsburg Ferry Landing and brand new Domino Park/Campus also less than one mile away!
Please email the exclusive marketing team for the full offering memorandum and schedule showings by appointment only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,080
Year Built
- Built in 1899
Lot Details
- 1,425 Sq Ft Lot
- Lot Dimensions are 71.25x20.00
Parking
- Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,750 Sq Ft Home
- 4-Story Property
- Laundry in unit
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Patio
- Zoned Cooling
Community Details
- 4 Units
- Williamsburg Subdivision
Listing and Financial Details
- Legal Lot and Block 0029 / 02436
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $5,311 | $477,900 | $106,650 | $371,250 |
| 2024 | $5,311 | $597,150 | $106,650 | $490,500 |
| 2023 | $4,825 | $554,400 | $106,650 | $447,750 |
| 2022 | $4,800 | $495,450 | $106,650 | $388,800 |
| 2021 | $4,603 | $425,250 | $106,650 | $318,600 |
| 2020 | $4,372 | $465,300 | $106,650 | $358,650 |
| 2019 | $4,089 | $474,300 | $106,650 | $367,650 |
| 2018 | $3,848 | $30,257 | $8,167 | $22,090 |
| 2017 | $3,848 | $30,257 | $9,498 | $20,759 |
| 2016 | $3,779 | $29,316 | $11,503 | $17,813 |
| 2015 | $2,345 | $27,145 | $12,790 | $14,355 |
| 2014 | $2,345 | $25,136 | $13,007 | $12,129 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Price Changed | $3,225,000 | -7.9% | $679 / Sq Ft |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | Price Changed | $3,500,000 | -6.7% | $737 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $3,750,000 | -- | $789 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20017817
APN: 02436-0029
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