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$ 3,999,000
Est. payment /mo
Active
128 N 1st ST Brooklyn, NY 11249
2,117 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Williamsburg
MLS Listing ID 1041921
Rental Info No
Year Built 1910
Annual Tax Amount $7,417
Lot Size 2,117 Sqft
Acres 0.0486
Property Sub-Type Multi Family
Source onekey2
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.
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.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street, Open
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Ps 84 Jose De Diego
Middle Schools Conselyea Prep School
High Schools Brooklyn 14
School District Brooklyn 14
Others
Special Listing Condition None
Listed by Douglas Elliman Real Estate • Joshua Mohamed
Nearby Locations