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307 South 4th StreetBrooklyn, NY 11211

For Sale

$3,500,000

Smart Buyer Rebate $43,750

Presenting a Once-in-a-Blue-Moon Redevelopment Opportunity to Create the Quintessential Residential Compound in Williamsburg.


This rare offering consists of two tax lots at 305 & 307 South 4th Street, spanning 40 ft. wide and 71.25 ft. deep. With up to approximately 6,270 total residential FAR allowed (to be independently verified) under R6 zoning, with a maximum 2.2 residential FAR and 4.8 community facility FAR, this is the prime location to build a single-family or multi-unit masterpiece. Imagine features such as a private drive-in garage, live/work loft or creative workspace with soaring ceilings, private courtyard, and roof terrace(s). Your dream space awaits with this limitless opportunity!


The existing masonry properties include a one-story garage with full-lot coverage at 305 (class G0), attached to a three-story townhouse at 307 (class C3). 307 South 4th showcases three well-maintained full-floor residential units with multiple exposures and a full-height basement (2,860 total Gross SF). Current annual taxes are $1279 (class 1), and $5310 (class 2A), respectively.


305-307 South 4th is conveniently located near major retail blocks including Broadway, Union Avenue, and Grand Street, in a highly desirable sector of South Williamsburg. You're surrounded by a myriad of options for cafes, restaurants, retail shopping, groceries, and public transportation. The J/M/Z subway lines at Marcy Avenue are just 5 minutes away. Right down the block, you'll find Rodney Park and CitiBike stations. The South Williamsburg Ferry Landing and brand new Domino Park/Campus also less than one mile away!

Please email the exclusive marketing team for the full offering memorandum and schedule showings by appointment only.

Listed by Marvin Chu

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License #10301209550

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Corcoran Group

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(718) 685-9430

Listed by Christopher V Cavorti

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License #10301206385

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Corcoran Group

Last updated August 20, 2025

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Source: REBNY #RLS20017817

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Williamsburg
  • Bedrooms3
  • Bathrooms3.5
  • Days on Prevu139
  • Taxes$7,080/year
  • Size4,750 sqft
  • Price per sqft$737

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

05/27/2025
Price Decreased
$3,500,000
04/21/2025
Listed by Corcoran Group
$3,750,000

Estimated Closing Costs

Total
$131,650
Attorney Fees
$4,000
NYC Mansion Tax
$52,500
Title Insurance
$15,750
Bank Attorney
$1,500
Mortgage Recording Tax
$53,900
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,500,000 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 307 South 4th Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Compensation

Commissions

  • Buyer Agency Compensation: 2.0Percent

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Good Condition
  • Stories Total: 4
  • Structure Type: Townhouse
  • Year Built: 1899
  • Entry Level: 1

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 4,750
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,425
  • Lot Size Dimensions: 71
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $7,080.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area: 4,750
  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Rooms Total: 11

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Williamsburg,South
  • Tax Block: 02436
  • Tax Lot: 0029

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Zoned
  • Has Cooling: Yes
  • Laundry Features: In Unit

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. ©2025 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.