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Property Description

Rare opportunity to acquire a five-family property in one of Brooklyn's most sought-after and supply-constrained neighborhoods. Ideally situated in desirable Williamsburg, this property offers a versatile unit mix of four two-bedroom apartments and one three-bedroom apartment investment opportunity in a high-demand market boasting 3,750 sqft.
The property also features a full, finished basement. The five-unit configuration and generous bedroom count offer a strong foundation for both seasoned investors and those seeking to establish a foothold in one of Brooklyn's most dynamic neighborhoods.

Williamsburg continues to benefit from strong residential demand, fueled by its vibrant dining, shopping, arts, waterfront, and entertainment scene, along with convenient access to Manhattan and multiple transportation options. With limited opportunities to acquire multifamily properties in this established and highly desirable area, this offering presents an opportunity to own a substantial residential asset in a neighborhood where demand remains strong.

Property is being offered and sold AS IS. Buyers are encouraged to conduct their own due diligence regarding zoning, legal use, building records, taxes, expenses, leases, rents, and all other property-related matters.

An exceptional opportunity to acquire a five-family property in prime Williamsburg with the potential to create long-term value in a highly competitive Brooklyn market.

Overview

Property Status
For Sale
Lot Size
2,115 Sq.Ft.
MLS ID
1041921
Property Type
Commercial
Year Built
1910

Features & Amenities

Total Area
3,750 Sq.Ft.
Neighborhood
Brooklyn
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking
On Street, Open
Heat Type
Natural Gas
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer
Elementary School
Ps 84 Jose De Diego
Middle School
Conselyea Prep School
High School
Brooklyn Prep High School
School District
Brooklyn 14
Sales Price
$3,999,000
Real Estate Tax
$7,417/yr
Zoning
R6B

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128 N 1st Street

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for your interest in 128 N 1st Street, Brooklyn, NY 11249

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