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For SaleLuxury

$3,999,000

36 days on market

128 N 1st Street

Brooklyn, NY 11249

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1910

Built

Listing narrative

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.

Listing agent (MLS): Joshua Mohamed · Listing brokerage (MLS): Douglas Elliman Real Estate

Property Details

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Price

$3,999,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,117 sqft

Year

1910

Status

For Sale

Days on Market

36

· 8% down, 7% APR, 30yr fixed
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Courtesy of Douglas Elliman Real Estate