378 S 3rd St

For Sale

378 S 3rd St, Brooklyn, NY 11211

This Brooklyn property for sale is located at 378 S 3rd St. The current listed sale price for 378 S 3rd St is $5,650,000. 378 S 3rd St is situated on a lot that is 0.06 acre in size.

Contacts

broker
DJ Johnston

Matthews Real Estate Investment Services

broker
Bryan Kirk

Matthews Real Estate Investment Services

broker
Henry Hill

Matthews Real Estate Investment Services

broker
Jermaine Pugh

Matthews Real Estate Investment Services

broker
Bobby Lawrence

Matthews Real Estate Investment Services

Property Details

  • Property Type Multi-Family
  • Property Size 5,354 SF
  • Units 8
  • Lot Size 0.06 Acre
  • Cap Rate % 5.86
  • Additional Rent Contact for pricing
  • Year Built 1935
  • Date Updated Mar 19, 2024

Newly constructed via an Alt 1 conversion (previously 4 units)

100% Free Market with 8 large units – seven (7) 3BR and one (1) 2BR

Tax class 2B protects against significant tax increases

2 Units have master leases with Rooms signed in 2021 expiring in 2026, representing 20% upside in NOI

Surrounded by prime Williamsburg retail, bars, and restaurants.

Within 3 blocks to the J, M,G trains, providing access to Manhattan 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 97/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 91/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood Williamsburg
  • Zip Code 11211
  • Market Brooklyn

Points of Interest

  • Hewes Street

    0.13 miles

  • Marcy Avenue

    0.30 miles

  • Lorimer Street

    0.40 miles

  • Grand Street

    0.65 miles

  • Bedford Av Subway Station L line

    0.71 miles

  • Flushing Avenue

    0.81 miles

  • New Bell Car Service

    1.04 miles

  • Bedford–Nostrand Avenues

    1.31 miles

  • Classon Avenue

    1.42 miles

  • Clinton-Washington

    1.57 miles

  • BP

    0.27 miles

  • Revel

    0.65 miles

  • Citgo

    0.75 miles

  • ChargePoint

    0.86 miles

  • Sunoco

    0.89 miles

  • Spirit

    0.91 miles

  • Bolla

    0.93 miles

  • Tesla Supercharger

    0.95 miles

  • Blink

    2.16 miles

  • NYPD Brooklyn Tow Pound

    1.53 miles

  • MMP Parking LLC

    1.76 miles

  • Park Kwik

    1.83 miles

  • MPG

    1.87 miles

  • Cielo Garage

    1.91 miles

  • MTA NYCT Emergency Response Unit

    2.00 miles

  • Delancey & Essex Municipal Garage

    2.03 miles

  • Edison Park Fast

    2.04 miles

  • Village View Parking Area 3

    2.06 miles

  • Village View Parking Area 2

    2.11 miles

  • 42 Hotel

    0.11 miles

  • Hotel Indigo

    0.35 miles

  • Hotel Le Jolie

    0.56 miles

  • The Pod

    0.58 miles

  • New York Moore Hostel

    0.81 miles

  • Condor Hotel

    0.85 miles

  • McCarren Hotel & Pool

    0.87 miles

  • Hoxton

    0.92 miles

  • Arlo Williamsburg

    0.97 miles

  • Wythe Hotel

    0.97 miles

  • Shop Fair

    0.14 miles

  • Brooklyn Harvest Market

    0.18 miles

  • Kahan's Food Mart

    0.31 miles

  • Mr. Pina

    0.35 miles

  • Sunac Natural Foods

    0.36 miles

  • Ozzie;s Fresh Marker

    0.36 miles

  • C-Town

    0.39 miles

  • Schwartz Supermarket

    0.44 miles

  • Wize Organic Market

    0.51 miles

  • Landau's Supermarket

    0.58 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 378 S 3rd St