- For Sale $5,650,000
- Property Type Multi-Family
- Property Size 5,354 SF
- Units 8
- Lot Size 0.06 Acre
- Cap Rate % 5.86
- Year Built 1935
- Date Updated Mar 19, 2024
Newly constructed via an Alt 1 conversion (previously 4 units)
100% Free Market with 8 large units – seven (7) 3BR and one (1) 2BR
Tax class 2B protects against significant tax increases
2 Units have master leases with Rooms signed in 2021 expiring in 2026, representing 20% upside in NOI
Surrounded by prime Williamsburg retail, bars, and restaurants.
Within 3 blocks to the J, M,G trains, providing access to Manhattan
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Contacts
Location
Getting Around
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Walk Score ®
97/100
Walker's Paradise
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Transit Score ®
100/100
Rider's Paradise
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Bike Score ®
91/100
Biker's Paradise
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11211
- Market Brooklyn
Points of Interest
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Hewes Street
0.13 miles
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Broadway
0.20 miles
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Marcy Avenue
0.30 miles
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Metropolitan Avenue
0.31 miles
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Lorimer Street
0.40 miles
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Lorimer Street
0.41 miles
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Flushing Avenue
0.57 miles
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Graham Avenue
0.58 miles
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Grand Street
0.65 miles
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Montrose Avenue
0.65 miles
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BP
0.27 miles
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Citgo
0.75 miles
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BP
0.76 miles
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ChargePoint
0.86 miles
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Shell
0.89 miles
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BP
0.92 miles
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Sunoco
0.93 miles
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Tesla Supercharger
0.95 miles
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BP
1.05 miles
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Shell
1.08 miles
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NYPD Brooklyn Tow Pound
1.53 miles
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Sunny
1.66 miles
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MMP Parking LLC
1.76 miles
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Park Kwik
1.83 miles
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MPG
1.87 miles
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Cielo Garage
1.91 miles
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Car Park Systems
1.96 miles
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Delancey & Essex Municipal Garage
2.03 miles
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Village View Parking Area 3
2.06 miles
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FDNY Fleet Services
2.12 miles
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Hotel Indigo
0.35 miles
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The Pod
0.58 miles
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New York Moore Hostel
0.81 miles
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McCarren Hotel & Pool
0.87 miles
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Hoxton
0.92 miles
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The Williamsburg Hotel
0.96 miles
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Wythe Hotel
0.97 miles
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The William Vale
0.99 miles
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New York Loft Hostel
1.01 miles
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Hotel Bogart Street, Brooklyn
1.06 miles
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Williamsburg pizza
0.08 miles
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Modern Love
0.11 miles
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Dough Vale
0.11 miles
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Mexico 2000
0.16 miles
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Los Tacos Mcondo
0.17 miles
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New Apolo Restaurant
0.18 miles
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Lighthouse
0.18 miles
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Cafe Argentino
0.18 miles
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Shalom Japan
0.19 miles
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Carneval
0.20 miles
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Bnos Chayil
0.10 miles
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Public School 319
0.12 miles
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Talmud Torah of Kasho
0.16 miles
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Public School 19
0.17 miles
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Bnos Yakov School for Girls
0.25 miles
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Yeshiva Gedolah Ohr Yisroel
0.26 miles
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Saint Marys School
0.26 miles
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Eastern District High School
0.28 miles
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Tiferes Bnos Girls School
0.29 miles
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Public School 18
0.32 miles
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Williamsburg Northside Preschool
0.62 miles
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Simcha Tots
0.93 miles
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Our Children The Leaders of Tomorrow
0.94 miles
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ABC Child Center
1.10 miles
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Little Lola & Tots
1.24 miles
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Friends of Crown Heights Educational Center
1.27 miles
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Mi Casita
1.40 miles
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Carousel Children's Center
1.43 miles
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The Learning Experience
1.43 miles
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The Child Study Center of New York
1.46 miles
Frequently Asked Questions
What is the lease rate for 378 S 3rd St?
Rental asking rate at 378 S 3rd St is $2,825,000.00/YR.
What is the total square footage of 378 S 3rd St?
378 S 3rd St totals 5,354 square feet.
When was this property built?
378 S 3rd St was built in 1935.
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