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175 Richardson StreetBrooklyn, NY 11222

Pending

$3,200,000

Smart Buyer Rebate $40,000

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!

Listed by Christine A Blackburn

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Compass

·

(917) 392-4200

Listed by LIOR BARAK

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Compass

Last updated January 30, 2026

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Source: REBNY #RLS20067923

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilliamsburg
  • Bedrooms4
  • Bathrooms6
  • Days on Prevu9
  • HOA/Maint. Fees$1/month
  • Taxes$8,592/year
  • Size4,695 sqft
  • Price per sqft$682

Amenities

  • Dishwasher
  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

01/30/2026
Status changed to Pending
$3,200,000
01/21/2026
Listed by Compass
$3,200,000

Estimated Closing Costs

Total
$121,180
Attorney Fees
$4,000
NYC Mansion Tax
$48,000
Title Insurance
$14,400
Bank Attorney
$1,500
Mortgage Recording Tax
$49,280
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,200,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 175 Richardson Street

Association

Amenities

  • Pets Allowed: Building No, No

Fees

  • Association Fee: $1.00 Monthly

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 2
  • Structure Type: Multi Family
  • Year Built: 1960
  • Entry Level: 1

Features

  • Patio And Porch Features: Terrace, Balcony, Rooftop
  • View: City

Measurements

  • Building Area Total: 4,695
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 24
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 02725-0026
  • Tax Annual Amount: $8,592.00

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Hardwood
  • Interior Features: High Ceilings, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area: 4,695
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 4
  • Rooms Total: 11

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Williamsburg
  • Tax Block: 02725
  • Tax Lot: 0026

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: In Unit, See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 6 bathrooms in this multi-family home at 175 Richardson Street.

What are the annual taxes for 175 Richardson Street?

Annual taxes for this multi-family home are estimated at $8,592.

How does 175 Richardson Street compare to other multi-family homes in Williamsburg?

This multi-family home is listed 15% below the average price for multi-family homes in Williamsburg and has been on the market for 81 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,695 sqft.

175 Richardson Street is a 4-bedroom, 6-bath multi-family home for sale in Brooklyn NY 11222. On Prevu for 9 days at $3,200,000. This property features 4,695 square feet of living space, located in Williamsburg. The median listing price for multi-family homes in this area is $1,675,000. Property amenities include private outdoor space and dishwasher. Explore more multi-family home listings in Brooklyn.

Based on information from Real Estate Board of New York and/or other sources. This 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.