384 S 5th St - Apartments FOR SALE


Brooklyn, NY 11211- Williamsburg
$1,500,000 USD
212-419-8101
384 S 5th St, Brooklyn, NY for Sale
$1,500,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

384 S 5th St
Brooklyn, NY 11211
Williamsburg


OVERVIEW

Auction Date: Thursday, May 29th, 2025 at 3:30 PM Opening Bid: $1,500,000 PROPERTY SNAPSHOT • Redevelopment opportunity of a 2,505 SF, 3-story, 2-family Property • Approved plans for 6 high-end condos, consisting of 2 duplex units on the 1st floor and cellar, 2 units on the 2nd floor and 2 duplex units on the 3rd floor and penthouse • After renovations, the building will feature 5,236 SF on a 2,009 SF lot • 20’ of frontage on S. 5th Street • R6 Zoning • 1 block from the Hewes Street M Z subway station providing access to Manhattan in 15 minutes • Direct vehicle access to the Williamsburg Bridge and BQE

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$599 USD /SF

# OF UNITS

2

PRICE/UNIT

$750,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bankruptcy Sale | 384 South 5th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,004 SF

ZONING

R6

APN/PARCEL ID

02463-0120

ASK ABOUT THIS PROPERTY

Greg CorbinNorthgate Real Estate GroupMore Info
212-419-8101

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Greg CorbinNorthgate Real Estate GroupMore Info
212-419-8101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.