307 South 4th Street
Brooklyn, NY 11211

Cross street:Rodney Street

Building

Type:House
Era:Post-war
Floors:3

Property

Ownership: Multi-Family
Rooms: 11
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price:$3,750,000
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Corcoran Group

Description

Presenting a Once-in-a-Blue-Moon Redevelopment Opportunity to Create the Quintessential Residential Compound in Williamsburg.


This rare offering consists of two tax lots at 305 & 307 South 4th Street, spanning 40 ft. wide and 71.25 ft. deep. With up to approximately 6,270 total residential FAR allowed (to be independently verified) under R6 zoning, with a maximum 2.2 residential FAR and 4.8 community facility FAR, this is the prime location to build a single-family or multi-unit masterpiece. Imagine features such as a private drive-in garage, live/work loft or creative workspace with soaring ceilings, private courtyard, and roof terrace(s). Your dream space awaits with this limitless opportunity!


The existing masonry properties include a one-story garage with full-lot coverage at 305 (class G0), attached to a three-story townhouse at 307 (class C3). 307 South 4th showcases three well-maintained full-floor residential units with multiple exposures and a full-height basement (2,860 total Gross SF). Current annual taxes are $1279 (class 1), and $5310 (class 2A), respectively.


305-307 South 4th is conveniently located near major retail blocks including Broadway, Union Avenue, and Grand Street, in a highly desirable sector of South Williamsburg. You're surrounded by a myriad of options for cafes, restaurants, retail shopping, groceries, and public transportation. The J/M/Z subway lines at Marcy Avenue are just 5 minutes away. Right down the block, you'll find Rodney Park and CitiBike stations. The South Williamsburg Ferry Landing and brand new Domino Park/Campus also less than one mile away!

Please email the exclusive marketing team for the full offering memorandum and schedule showings by appointment only.

Amenities

Garden;

  • Patio
  • Garden
  • Walk-up

Neighborhood

More listings:

Presenting a Once in a Blue Moon Redevelopment Opportunity to Create the Quintessential Residential Compound in Williamsburg.


OLR IDX

RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.