--- title: "55 South 5th Street, New York City, NY 11249" description: "55 South 5th Street, New York City, NY 11249 — Townhouse in Williamsburg, Brooklyn, NY. Listing Price $3,450,000. 4 bed, 4 bath, 800 sqft Illustrative Buyer Commission Share of $51,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11249/55-south-5th-street-ny-11249" source: "Real Estate Rebate Team" dateModified: "2026-09-02T13:14:14.246Z" status: "Active" --- # 55 South 5th Street, New York City, NY 11249 Townhouse in Williamsburg, Brooklyn, NY Courtesy of Douglas Elliman Real Estate Last updated: September 2, 2026, 9:14 AM ## At a Glance - **Listing Price**: $3,450,000 - **Beds**: 4 - **Baths**: 4 - **Sqft**: 800 - **Monthly Taxes**: $609 / mo - **Price per Sqft**: $4,313 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $3,450,000 - **Illustrative Buyer Commission Share**: -$51,750* - **Illustrative Net Cost**: $3,398,250 *Illustrative Buyer Savings of $51,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (5) ![55 South 5th Street, New York City, NY 11249 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6dc61d58-5ee7-4eae-9664-d556092cf58f.jpg) ![55 South 5th Street, New York City, NY 11249 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1935aab-3793-4229-a286-f2ea3f6adb49.jpg) ![55 South 5th Street, New York City, NY 11249 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f62dc0a7-2a79-4b93-9db1-bec5b55f907b.jpg) ![55 South 5th Street, New York City, NY 11249 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/904b0355-6b0f-4942-a3f6-cebf12f7110f.jpg) ![55 South 5th Street, New York City, NY 11249 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d88b7ef1-5af5-4503-b237-8d004cc3809e.jpg) ## Property Overview Williamsburg Four-Unit Investment Opportunity 55 South 5th Street A rare investor's dream just one block from the East River waterfront and Domino Park, this legal four-unit brick townhouse in the heart of Williamsburg offers immediate cash flow today and a clear path to full vacant possession tomorrow. Built in 1910 and thoughtfully renovated, the 20' x 40' building sits on a 20' x 73.67' lot, blending pre-war character with modern upgrades throughout. The building delivers built-in flexibility for any investment strategy. One unit, a beautifully renovated one-bedroom plus den with private backyard access, is currently vacant. The remaining three spacious one-bedroom plus den units are tenant occupied, generating steady rental income. All existing leases roll off by March 2027, giving a buyer the rare ability to hold for income now and reposition, renovate, or redevelop the entire building free and clear on a known, near-term timeline. ## Property Details - **Property Type**: Multi Family - **Beds**: 4 - **Baths**: 4 - **Rooms**: 8 - **Sqft**: 800 sqft - **Stories**: 4 - **Year Built**: 1910 - **Price per Sqft**: $4,313 - **Monthly Taxes**: $609 / mo - **Listed On**: Sep 2, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Smoke Free - Washer Dryer Allowed ## Sales Evidence ### How this price compares The median closed price for comparable house sales in Williamsburg is $2,994,500, based on 20 sales between September 2021 and July 2026. This home is asking $3,450,000, $455,500 above that median. The middle half of those sales closed between $2,512,500 and $3,487,500. - **Median closed price**: $2,994,500 - **Middle half**: $2,512,500 – $3,487,500 - **Based on**: 20 house sales in Williamsburg - **Period**: September 2021 – July 2026 - **Median $/ft²**: $953/ft² Across the 17 of these sales with a published asking price, the median closed at 93.4% of what it originally asked. 88% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Williamsburg. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 93.4% of the original ask - **Closed below ask**: 88% of 17 sales - **Listed → in contract**: 106 days (about 15 weeks) - **In contract → closed**: 74 days (about 11 weeks) Across the 17 of these sales with a published asking price, the median closed at 93.4% of what it originally asked. 88% of them closed below the original ask. Half of these homes were in contract within 106 days (about 15 weeks) of coming to market, based on the 18 with a recorded listing date. Once a deal was agreed, closing took a further 74 days (about 11 weeks), based on the 18 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 20 house sales in Williamsburg, September 2021 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 55 South 5TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/55-south-5th-street) ## About The Building ### 55 South 5th Street 55 South 5th Street, Brooklyn, NY 11249 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/55-south-5th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11249/55-south-5th-street-ny-11249) | 4 | 4 | 800 sqft | $4,313 | $3,450,000 | Douglas Elliman Real Estate | Sep 2, 2026 | 1 days | ## Estimated Monthly Payment **$18,054 / month**, assuming a 20% down payment ($690,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $17,445 - **Property Taxes**: $609 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Williamsburg Overview of Williamsburg [Explore Williamsburg](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Williamsburg - [Greenpoint real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) - [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard) - [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Bushwick real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) ## Related Links - [55 South 5TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/55-south-5th-street) - [Williamsburg neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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.