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Investment Highlights

  • Modern three-family brick house with a PRIVATE DRIVEWAY
  • Low taxes, great S. Williamsburg location, close to the L-train and M-train!
  • Almost 5,000 sf dwelling space plus full-finished basement

Executive Summary

This is the one you’ve been waiting for — a stunning, legal three-family brick townhouse in the heart of Williamsburg that delivers incredible versatility, income potential, and lifestyle appeal all in one exceptional package.
Built in 2000 and thoughtfully renovated and expanded in 2011, this modern masterpiece now spans an impressive 4,960 square feet. An upward extension added approximately 1,200 sq ft, creating a truly spacious and flexible property with outstanding long-term value.
Prime Location & Lifestyle
Located in Brooklyn’s premier arts-and-culture neighborhood, this home sits just three blocks from the Hewes Street M & J trains, three blocks from the Williamsburg Bridge, and seven blocks from the Lorimer Street L train. You’re surrounded by striking new construction, historic pre-war buildings, world-class dining, galleries, and everything that makes Williamsburg the most desirable neighborhood in Brooklyn.
Exceptional Layout & Features:
First Floor: Spacious two-bedroom, two-bathroom apartment with a huge living room and open kitchen
Second Floor: Equally impressive two-bedroom, two-bathroom apartment with a huge living room and open kitchen, plus a private balcony
Third & Fourth Floor Duplex: Luxurious three-bedroom, four-bathroom duplex with expansive living spaces and a private balcony
Shared Rooftop: Accessed via a common hallway — perfect for entertaining, relaxing, or enjoying sweeping neighborhood views
Gated Private Driveway: Rare off-street parking for up to three vehicles
Fully Finished Basement: Ideal for storage, gym, home office, or additional accessory use
With private balconies, generous room sizes, and thoughtful modern finishes throughout, this legal three-family home offers the perfect balance of owner-occupied living, rental income potential, or both.
This is a rare chance to own a modern, income-producing property with private parking in one of New York City’s hottest markets. Properties like this do not come along often — and they never stay on the market for long.
Don’t miss this extraordinary opportunity in Williamsburg.
*Please note that the pictures show staged photos with virtual furniture and some extra light fixtures. Ask me for a link to a virtual tour to see 100% actual pictures.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,580,000
Price Per Unit $1,193,333
Sale Type Investment
Cap Rate 6.95%
Sale Condition Distress Sale
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.04 AC
Building Size 4,960 SF
Average Occupancy 0%
No. Stories 4
Year Built/Renovated 2000/2011
Parking Ratio 0.6/1,000 SF
Zoning R6

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Views
  • Basement
  • Island Kitchen
  • Recreation Room

Site Amenities

  • 24 Hour Access
  • Gas Range
  • Roof Terrace
  • Storage Space
  • Private Bathroom
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - 1,180
2+2 1 - 1,180
3+4 1 - 2,400
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02437-0020
Land Assessment
$21,000
Improvements Assessment
$353,340
Total Assessment
$374,340
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 41228596

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 360 S 3rd St, Brooklyn, NY 11211

Contact the Sale Advisor

Modern 3-family private driveway Williamsburg | 360 S 3rd St

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