556 Driggs Ave Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $27,301/month
Highlights
- Wood Flooring
- 1-minute walk to Bedford Avenue
- Storage
- High Ceiling
About This Home
Value-Add Corner Brick Mixed-Use 4 Family w/ Store in Prime Williamsburg! Unlock the full potential of this mixed-use property at 556 Driggs Avenue, ideally suited for developers and investors seeking a high-upside renovation project. This building currently consists of four one-bedroom residential units and one ground-floor commercial space, offering a strong foundation for repositioning or redevelopment. The property requires a comprehensive renovation, presenting a blank canvas for those looking to modernize, reconfigure, or maximize income potential. With the right vision and upgrades, the existing layout can be transformed into a highly desirable asset in a competitive market. Each residential unit offers the opportunity to be redesigned to meet today’s tenant expectations, while the commercial space benefits from excellent street frontage and visibility—ideal for attracting retail or boutique business tenants post-renovation. Positioned in a high-demand area, 556 Driggs Avenue is best suited for experienced developers or value-add investors ready to capitalize on the property's untapped potential. Whether you’re looking to renovate and hold for long-term cash flow or reposition for resale, this is a rare chance to create significant value. Highlights: - Four 1-bedroom residential units (in need of renovation) - One commercial space with strong street presence - Ideal for developers or value-add investors - Significant upside through renovation and repositioning - Located in a high-demand, high-growth area: right next to Bedford Ave L train station
- Corner location, the intersection of N 7th St and Driggs Ave Bld: 25 ft x 100 ft
Lot: 25 ft x 100 ft
Zoning: R6B
FAR: 2; Max FAR: 2
Taxes: $10,392/Yr Seize the opportunity to transform this property into a standout investment.
Listing Agent
Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #31NA0992911 Listed on: 05/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,392
Year Built
- Built in 1910
Lot Details
- 2,500 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- High Ceiling
- Storage
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Ps 17 Henry D Woodworth Elementary School
- Conselyea Prep Middle School
- Williamsburg High School For Architecture And DES
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 02328-0018
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,443 | $1,377,450 | $208,800 | $1,168,650 |
| 2025 | $9,675 | $1,147,950 | $208,800 | $939,150 |
| 2024 | $9,675 | $956,700 | $208,800 | $747,900 |
| 2023 | $8,793 | $888,300 | $208,800 | $679,500 |
| 2022 | $8,125 | $816,750 | $208,800 | $607,950 |
| 2021 | $8,146 | $653,400 | $208,800 | $444,600 |
| 2020 | $3,875 | $634,500 | $208,800 | $425,700 |
| 2019 | $7,449 | $528,750 | $208,800 | $319,950 |
| 2018 | $7,013 | $55,136 | $23,644 | $31,492 |
| 2017 | $6,497 | $51,080 | $25,458 | $25,622 |
| 2016 | $6,585 | $51,080 | $29,188 | $21,892 |
| 2015 | $3,959 | $49,432 | $33,879 | $15,553 |
| 2014 | $3,959 | $45,793 | $33,942 | $11,851 |
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 |
|---|---|---|---|---|
| 05/28/2026 05/28/26 | Pending | -- | -- | -- |
| 05/05/2026 05/05/26 | For Sale | $4,899,000 | -- | $980 / Sq Ft |
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 | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 995304
APN: 02328-0018
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Listings courtesy of OneKey® MLS as distributed by MLS GRID
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