Under Contract – Backup offers may be accepted
Pending · Listing by Sothebys International Realty
257 S 3rd Street
Williamsburg, Brooklyn
$2,250,000
257 S 3rd Street
MLS® #RLS20109910
Listing by Sothebys International Realty
- Studio
- 1
- Bath
- 3,200
- Sq. Ft.
- 1899
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1899)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 18, 2026 | $2,250,000 | - |
| Currently | Aug 26, 2026 | $2,250,000 | - |
Description
Investor Opportunity 257 South 3rd Street is a three-family townhouse on a 20' x 120' lot in Williamsburg's Southside, zoned R6. FAR allows for 5,280 buildable square feet as-of-right residential and 11,520 buildable square feet with community facility. The existing structure was built in 1899 and is approximately 3,200 square feet, leaving 2,088 square feet of unused air rights within the residential envelope. The property is delivered in as-is condition.
Features & Amenities
Interior Features
Building Information
Financial Details
About Williamsburg
View All Williamsburg ListingsWilliamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.
Williamsburg Live Market Data
View NeighborhoodActive Listings
135
Median Asking Price
$1.90M
Median $/Sqft
$1,656
Avg Days on Market
N/A
New This Week
3
Price Reduced
17%
Sold (30 Days)
37
Median Sale Price
$1.84M
Live data from RLS at REBNY • Updated 8/26/26, 1:31 PM EST
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Location
257 S 3rd Street, Williamsburg, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $2,772.96, or roughly $231 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 3,200 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1899, making it approximately 127 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $2,250,000 for 3,200 sq ft, the asking price per square foot is approximately $703. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Sothebys International Realty - John A Carbone
Listing Contact: (917) 267-8484
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 8/26/2026 at 5:31 PM UTC
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Williamsburg Market Update
37 sales last 30 days · $1.90M median · 3.6 months supply
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Quick Facts
Monthly Costs Estimate
$450,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$28,125
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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