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A blog from CityRealty (Links below will take you to the 6sqft site)

225 South 3rd Street, #9

Listing no longer available on CityRealty as of Jul 9, 2022
It previously was on the market for a total of 282 days.
282 days on Market

Pricing History

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Key Details

  • Listed: Sep 30, 2021
    Last Price Change: -1.2% ($5,000) on Feb 8
    Days on Market: 282
    Building Type: Cooperative
    Neighborhood: Williamsburg (Brooklyn)
    Listing viewed 1,386 times
Monthly Maintenance: $726 ($1.35/ft2)
Total Taxes & Fees: $726 ($1.35/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $2,515 ($4.67/ft2)
Note: the above is based on a down payment of 20% ($80,000), which is the minimum amount permitted by the building.

Description

This is a special and rare opportunity to own a 2 bedroom Coop apartment in one of NYCs most sought-after neighborhoods, South Williamsburg, at an incredible price. Bring your designer to renovate this diamond in the rough to your specifications. (Some photos virtually staged)
Only 2 flights up, this quiet sunny home has a split two bedroom layout, eat-in-windowed kitchen with washer/dryer allowed, living room with large windows, 9’ ceilings and one windowed bath.
The incredibly low maintenance of $726 includes taxes, heat and hot water in this 6 story non-elevator building.

Convenient to restaurants, bars, cafes, creative and eclectic boutiques, cultural attractions, nightlife and more. Easy transportation access from both the L train and the J, M and Z lines, South 8th Street Ferry landing and nearby CitiBike stations for an easy trip across the Williamsburg Bridge puts you in Manhattan within minutes.

Pets and gifting are permitted. Must be primary residence; No pieds--terre or investors.

Low HDFC Flip-tax of 10% (on sellers capital gains)

This is a Pre-war HDFC co-op with the following income restrictions in order to purchase:
- One buyer must make under $100,400
- Two buyers must make under $114,600 combined

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About 225 South 3rd Street

  • Co-op
  • Built in 1907
  • 24 Apartments
  • 6 Floors
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