55 S 5th St Williamsburg, NY 11249
Williamsburg NeighborhoodEstimated payment $19,554/month
About This Home
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.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,308
Year Built
- Built in 1910
Lot Details
- 1,480 Sq Ft Lot
- Lot Dimensions are 74.00x20.00
Home Design
- Entry on the 1st floor
Interior Spaces
- 4-Story Property
- Decorative Fireplace
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Eco-Friendly Details
- Green Building
- Smoke Free Home
Utilities
- No Cooling
Community Details
- 4 Units
- Williamsburg Subdivision
Listing and Financial Details
- Legal Lot and Block 0033 / 02441
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 09/02/2026 09/02/26 | For Sale | $3,450,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20112237
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Ask me questions while you tour the home.