Sold

175 Richardson Street

Williamsburg, Brooklyn, NY 11222

$3,150,000
  • 11 Rooms
  • 4 Bedrooms
  • 6 Bathrooms
  • 4,695 Sqft

175 Richardson Street
Williamsburg, Brooklyn, NY 11222

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Brooklyn / NY

Multi Family HIGHLIGHTS

  • Listing Status

    Sold

  • Property Type

    Post-War Multi Family

  • Views

    Yes - City

  • Central AC

    Yes

  • Patio/Porch

    Terrace, Balcony, Rooftop

  • Year Built

    1960

  • Maintenance/CC

    $1 (Monthly)

  • Financing Allowed

    80%

  • RE Tax

    $8,592

Listing courtesy of Christine A Blackburn of Compass.

Exclusive Investment Opportunity in Prime Williamsburg

Welcome to 175 Richardson Street—a brand new construction, exceptional investment opportunity nestled in the heart of Williamsburg, Brooklyn. This boutique, multi-story gem is a perfect blend of stability, tenant appeal, and prime location, making it a standout addition to any portfolio.

Featuring two free-market residential rental units and one retail space, this fully occupied property delivers immediate, steady cash flow with potential for growth as leases renew. Above the commercial space are two stylish residential apartments: spacious bedrooms, a sunlit living room, a sleek chef’s kitchen, and a roomy living area. Both units include private outdoor spaces, perfect for unwinding in the heart of the city. With low operating expenses, this property achieves a solid 6.6% cap rate based on projected 2026 rents at the current asking price.

Nestled in one of Brooklyn’s hottest rental markets, 175 Richardson Street combines unbeatable lifestyle perks with solid investment appeal. Steps from McCarren Park, trendy shops, vibrant dining, and excellent transit, it guarantees convenience and consistent renter demand.

Perfect for a 1031 exchange or as a long-term income asset, this property offers both stability and growth potential. Seize the chance to own a piece of Williamsburg’s thriving real estate market!
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  • Bathrooms Total

    6

  • Bedrooms Total

    4

  • City Region

    Brooklyn

  • Common Elements %

    100.00

  • Listing Status

    Sold

  • Living Area

    4,695 Sqft

  • MLS #

    Rls20067923

  • Neighborhood

    Williamsburg

  • Property Type

    Multi Family

  • View Features

    See remarks

  • Year Built

    1960

  • Laundry Features

    In Unit, See Remarks

  • Building Area Total

    4695

  • Entry Level

    1

  • Structure Type

    Multi Family

  • Total Number of Units

    1

  • Total Stories

    2

  • Year Built

    1960

  • Pets Allowed

    Building No, No

  • Neighborhood

    Williamsburg

  • Patio and Porch Features

    Terrace, Balcony, Rooftop

  • View

    Yes - City

  • Annual Taxes

    $8,592

  • Financing Allowed

    80%

  • Maintenance/CC

    $1 (Monthly)

  • Appliances

    Dishwasher

  • Cooling

    Yes - Central Air, Other

  • Flooring

    Hardwood

  • Furnished

    Unfurnished

  • Interior Features

    High Ceilings, Recessed Lighting, Walk-In Closet(s)

  • Total Rooms

    11

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $716
  • Maintenance / Common Charges $1

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

175 Richardson Street

Location

Nearby Transit

  • L

    at Graham Av

    0.31 miles

Data courtesy of LocalLogic.co

Williamsburg
Neighborhood

Williamsburg

Williamsburg is a Brooklyn neighborhood that has transitioned from an industrial center to a mixed-use area with residential, commercial, and cultural activity. The building stock includes converted lofts, mid-rise and high-rise residential...

175 Richardson Street

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Last Updated: May 30, 2026 at 4:26 PM


RLS Data displayed by Brown Harris Stevens