This renovated 4-family townhouse in South Williamsburg spans 3,720 sqft, offering four oversized 2-bedroom apartments. Based on the latest Brooklyn market data and local comps, each 2BR unit can command between $3,900 and $4,000/month, generating total gross monthly revenue around $15.6K–$16K (annual: $187K–$192K). With a $3.4M valuation, the estimated payback period, using rental revenue alone, lands just under 18–19 years. Williamsburg remains a high-demand, low-inventory market, with neighborhood rents holding strong and competition among renters intense[1][2]. Renovated units, premium finishes, and exclusive garden access further boost rent appeal, while the lack of parking and moderate school ratings are minor challenges.
To maximize value, consider adding premium amenities such as in-unit laundry, smart home features, or shared rooftop space—these can attract higher-paying tenants. If selling, market the property’s size, layout flexibility, and prime location near transit and dining. Highlight recent renovations and strong rental history. For investors, stable cash flow and neighborhood desirability make this a highly attractive buy-and-hold asset in Brooklyn’s evolving rental landscape.