Milton Coste

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(917) 416-7433

Under Contract – Backup offers may be accepted

175 Richardson Street
Pending For Sale Multi Family

$3,200,000

$682 per sq ft

175 Richardson Street

Williamsburg, Brooklyn

MLS® #RLS20067923

RLS at REBNY

Listing by Compass

4

Bedrooms

6

Baths

4,695

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 4
Bathrooms 6
Living Area 4,695 sq ft
Year Built 1960
Ownership None
HOA/Common Charges $1/mo
Property Taxes $8,592/yr
Neighborhood Williamsburg
Floor 1 of 2

Property Highlights

  • Views: City
  • Outdoor Space: Terrace, Balcony, Rooftop
  • Climate Control: Central Air, Other

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 6 Full
Floor 1 of 2
View City
Cooling Central Air, Other
Pets Yes
Year Built 1960
Living Area 4,695 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 02725-0026
Block/Lot 02725/0026

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!

Features & Amenities

Interior Features

High Ceilings Recessed Lighting Walk In Closets In Unit See Remarks Flooring: Hardwood

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Terrace Balcony Rooftop

Appliances

Dishwasher

Building Information

Total Units 1
Stories 2
Structure MultiFamily

Financial Details

Common Charges $1/mo
RE Taxes $8,592/yr ($716/mo)

Williamsburg 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 diverse and trendy population.

Williamsburg Live Market Data

View Neighborhood

Active Listings

143

Median Asking Price

$2.00M

Median $/Sqft

$1,753

Avg Days on Market

N/A

New This Week

21

Price Reduced

12%

Sold (30 Days)

11

Median Sale Price

$1.30M

Live data from RLS at REBNY • Updated 2/21/26, 6:12 PM EST

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Location

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175 Richardson Street, Williamsburg, Kings County

MLS® ID: RLS20067923
First Listed: 1/21/2026
On Market: 1/21/2026
Price Changed: 1/21/2026
Pending Since: 1/30/2026
Contract Date: 1/17/2026

Listing Courtesy of Compass - Christine A Blackburn

Listing Contact: (917) 392-4200

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/21/2026 at 11:12 PM UTC

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