This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$3,150,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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!
Full Property Details
Full Property Details for 175 Richardson St
General
- Sold For: $3,150,000
- HOA FEE: $1/month
- Taxes: $8,592
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20067923
- Added to Site: 125 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: High Ceilings, Recessed Lighting, Walk-In Closet(s)
- Appliances: Dishwasher
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit, See Remarks
Exterior
- Exterior Features: Balcony, Building Roof Deck, Private Outdoor Space Over 60 Sqft
- Porch/Patio/Deck: Terrace, Balcony, Rooftop
Location
- County: Kings
- Subdivision: Williamsburg
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Other
Structural Information
- Structure Type: Multi Family
- Stories/Levels: 2
- Square Feet: 4,695
- Living Area: 4,695 Sq. Ft.
- Year Built: 1960
Lot Features
- Property View: City
- Lot Dimensions: 24.080000 x 69.500000
Financial Considerations
- Association Fee: $1
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,592
Disclosures and Reports
- Property ID: 02725-0026
- Block: 2725
- Lot Number: 26
Listing Courtesy of Compass
Get Pre-Approved Today
Schools
Schools serving 175 Richardson St
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
P.S. 34 Oliver H Perry 131 Norman Avenue, Brooklyn, NY 11222 | PK-5 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 175 Richardson St
Date
Details
Price
Change
Source
5/21/2026
Sold
$3,150,000
-1.56%
MLS
1/21/2026
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
175 Richardson Street, New York City, NY 11222 (MLS# RLS20067923) is a Multi-Family property that was sold at $3,150,000 on May 21, 2026. Want to learn more about 175 Richardson Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

