128 N 1st Street, Brooklyn, NY 11249

$3,999,000

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List Price
$3,999,000
Status
ACTIVE
MLS#
1041921
Year Built
1910
Days on Market
24
Acres
0.05
County
Brooklyn
City Orig
Brooklyn
Lot Size
2115

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.

Additional Information

Heating
Natural Gas
Cooling
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
Sq Ft
2115
Taxes
$7,417
Parking
On Street, Open
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joshua Mohamed (Joshua.Mohamed@elliman.com) from Listing Office: Douglas Elliman Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.