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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 with private backyard access, is currently vacant. The remaining three spacious two-bedroom 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.

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55 S 5th Street

$3,450,000/mo Williamsburg | 4 beds | 4 baths | Floor 1

Description

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 with private backyard access, is currently vacant. The remaining three spacious two-bedroom 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.

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Apartment Features

Building Features

  • Laundry - Building Other
  • 4 stories

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