KW GREATER NASSAU - Karen Inglima
1/11
Listing Courtesy Of: Compass - Residential- Brokerage, Sarah Sawyer
Local Realty Services Provided By: Keller Williams NYC
Overview
What It'll Cost
Neighborhood
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$15,500,000
251-253 N 8th Street, New York City, NY 11211
37 Beds
20 Baths
13,000 sq ft
$15,500,000

251-253 N 8th Street, New York City, NY 11211

Estimation provided by Keller Williams Realty Inc.
37 Beds
20 Baths
13,000 sq ft
Active
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

Rarely does an opportunity come to own a luxury turnkey cash flowing goldmine in the heart of Williamsburg. 251-253 North 8th Street is a package deal of two contiguous buildings with a total of 16 units located in coveted Williamsburg, Brooklyn. The properties are approximately 13,000 SF containing a mixture of one, two and three bedroom apartments. Buildings dimensions are 50' x 65' and sprawling.

The building is an absolute trophy property, breathtaking and just received a massive upgrade on its impressive 11 free market apartments. Apartment features ranging from recessed lighting, in unit laundry,
dishwashers, quartz countertops, custom chefs kitchens, HVAC, luxury finishes and more.

The property offers an excellent opportunity for investors to be a part of a cash flowing gem
with approx $837K gross income and incredible upside in the heart of Williamsburg. The neighborhood provides residents with an abundance of cultural institutions, restaurants, Brooklyn waterfront, shops and more. Perfectly located just steps from the Bedford L train and Brooklyn waterfront.

Contact us today for the set up. Will not last.

Property Details

Compare This Home
Overview
Property Type
Multi Family
Property Size
13,000 sq ft
Year Built
1900
Days on Site
41 Days
Parking
No
NYS LICENSED REAL ESTATE BROKER
KW GREATER NASSAU
10491200383

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $15,500,000
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
02/18/2025
Listed
$15,500,000
(+72.22%)
08/15/2022
Sold
$9,000,000
(+5,421.47%)
11/17/1998
Sold
$163,000
(-53.43%)
07/29/1998
Sold
$350,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$8,663
(+3.21%)
$929,700
Land 8,100 + Additions 921,600
2023
$8,394
(+10.07%)
$863,100
Land 8,100 + Additions 855,000
2022
$7,626
(+8%)
$989,550
Land 8,100 + Additions 981,450
2021
$7,061
(+6.21%)
$791,550
Land 8,100 + Additions 783,450
2020
$6,649
(-1.1%)
$868,500
Land 8,100 + Additions 860,400
2019
$6,723
(+10.53%)
$868,500
Land 8,100 + Additions 860,400
2017
$6,082
$51,646
Land 527 + Additions 51,119
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
NYS LICENSED REAL ESTATE BROKER
KW GREATER NASSAU
10491200383

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