Listing Courtesy of Corcoran Group
$2,095,000
Potential Rebate: $31,425
<br> Discover an exceptional South Williamsburg residence offering rare indoor-outdoor living. This <strong>duplex 2-bedroom, 2-bath</strong> home sits on the top floor of an intimate <strong>8-unit elevator building </strong>and delivers over 750 sq ft of <strong>private outdoor space </strong>across <strong>three separate terraces</strong>.<br> <br> The main living level is a bright, south-facing corner wrapped in floor-to-ceiling windows, filling the space with natural light throughout the day. A generous dining area opens directly onto the first terrace, creating an effortless flow for entertaining or everyday lounging. The windowed kitchen is equipped with premium Viking and Sub-Zero appliances and offers excellent storage and prep space.<br> <br> Both bedrooms face east for quiet morning light. The primary suite features a walk-in closet and its own bath, while the secondary bedroom includes a private balcony. Upstairs, a mezzanine level provides a versatile bonus area ideal for a home office, studio, or lounge, along with an oversized laundry room. From there, step out onto your expansive rooftop terrace-your own sky-level retreat with open neighborhood views.<br> <br> Additional highlights include ducted central air, a sizable private storage room with high ceilings, and the benefit of a <strong>25-year tax abatement (ending 2033)</strong>, <strong>plus very low common charges.</strong><br> <br> 117 S 3rd Street is perfectly positioned near Bedford Avenue, Broadway's vibrant restaurant and bar scene, and the growing collection of hotspots along Wythe Ave and Domino Park. Multiple train lines (J/M/Z and L) are close by, making commuting simple and flexible. Experience the energy, creativity, and convenience of the southside-an area in the midst of its exciting revival.<br> <br> (Mezzanine level not included in recorded square footage, per the offering plan)<br>
$10,931 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$31,425
Monthly savings impact
$87/mo
Effective Purchase Price
$2,063,575
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20060368
RLS at REBNY

2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20060368
RLS at REBNY

Compare average listing prices and value metrics for 117 South 3RD Street against the surrounding Williamsburg market.
than the Williamsburg price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Williamsburg.

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