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407 KEAP Street 5

$550,000

MLS# RLS20102771 · Williamsburg

Price reduced$699,000 to $550,000$149,000 (21.3%) off

Originally listed at $699,000. Price last reduced on September 21, 2026.

Listed July 9, 2026 · 119 days on the market

2 Beds 1 Baths

About This Property

A prewar two-bedroom in the heart of Williamsburg, priced to move.Built in 1910, 407 Keap Street has held its corner of Williamsburg for more than a century: six stories of solid prewar brick that newer buildings spend decades trying to imitate.Unit No. 5 is a genuine two-bedroom co-op, generously proportioned in the way prewar apartments are and increasingly rare in this pocket of Brooklyn. Oversized windows pull in the light. The layout gives you two real bedrooms, not a one-bedroom asking to be more. Offered as-is: honest bones, and room to make it your own.Maintenance runs $521 a month, taxes included, one of the lowest carrying costs in Williamsburg for a home this size. As an HDFC co-op, it keeps ownership attainable for income-qualified buyers and the building's character intact.The location does the rest. You are moments from the Marcy Avenue subway, the Williamsburg Bridge, and the restaurants and storefronts that made this neighborhood a destination.At this price, this is prewar Williamsburg on terms that rarely surface: a true two-bedroom, a monthly cost that leaves room to live, and a building with a hundred years of standing behind it.Private viewings are booking now. Serious, income-qualified buyers: reach out to the listing agent to schedule a showing before it's gone.

Property Features

Policies

  • Pets allowed

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$3,302 / month

  • Principal and interest$2,781
  • Common charges$521

Due at closing

  • Down payment (20%)$110,000
  • Mortgage recording tax (1.80%)$7,920

The mansion tax applies to purchases of $1 million or more. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

407 Keap Street is a 6-story walk-up cooperative in Williamsburg, completed in 1910 and home to 27 residential units.

The closest subway is Metropolitan Av (G, L), about a 4-minute walk. Sternberg Park is roughly 11 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
1910
Stories
6
Units
27
Building Type
Walk-Up Cooperative

View 407 Keap Street building profile and all listings →

Location & Nearby

Map

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407 KEAP Street 5

Subway

  • GLMetropolitan AvAbout 4 min walk · Accessible
  • JMHewes StAbout 8 min walk
  • JMZMarcy AvAbout 8 min walk · Accessible
  • GBroadwayAbout 10 min walk

Parks

  • Sternberg ParkAbout 11 min walk
  • Martinez PlaygroundAbout 12 min walk

Public schools · Elementary schools

  • Brooklyn Arbor Elementary SchoolAbout 3 min walk
  • Success Academy Charter School - Williamsburg · CharterAbout 9 min walk
  • P.S. 17 Henry D. WoodworthAbout 9 min walk

Middle schools

  • J.H.S. 50 John D. WellsAbout 9 min walk
  • Conselyea Preparatory SchoolAbout 9 min walk

High schools

  • Williamsburg High School for Architecture and DesignAbout 8 min walk
  • Brooklyn Preparatory High SchoolAbout 8 min walk

Colleges & universities

  • Boricua CollegeAbout 23 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Williamsburg

Brooklyn's premier waterfront neighborhood with panoramic Manhattan views and a thriving creative lifestyle.

Walkability

9/10

Public transit

8/10

Schools

7/10

Dining

9/10

Groceries & parks

8/10

Schools in Williamsburg

A diverse range of school options with an expanding network of charter and community schools.

Private schools in the area include Williamsburg Northside School.

Explore Williamsburg

Listing Courtesy of Serhant

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RLS: Real Estate Board of New York Residential Listing Service

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.