128 N 1st Street Brooklyn, NY $ 3,999,000
128 N 1st Street
$ 3,999,000
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128 N 1st Street

Brooklyn, NY, 11249
$ 3,999,000
Bedrooms-- Baths-- Sq 3,750

Monthly Estimate*

$ 25,250

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Commercial Property for sale in Brooklyn, NY

for $3,999,000. This 3,750 square foot building was built in 1910 on a lot size of 0.0486.

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.

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Commercial Active

Price

$ 3,999,000

Property Type

Commercial

Taxes

$ 7,417

Style

Multi Family

Lot Size

0.0486

Year Built

1910

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1041921

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Zoning R6B
Construction Materials Brick Frame
Year Built 1910
Property Subtype Multi Family
Tax Year 2025
Parcel Number 02380-0010
County Kings (Brooklyn)
Property Type Commercial Sale
High School Brooklyn Prep High School
City New York
High School District Brooklyn 14
Number Of Units Total 5
Elementary School Ps 84 Jose De Diego
Property Attached Y/N Y
Tax Annual Amount 7417.04
Middle/Junior High School Conselyea Prep School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 14
Elementary School District Brooklyn 14
Tax Assessed Value 969750
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Interior
Basement Full
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features On Street Open On Street Open
Water Source Public
Building Area Total 3750
Waterfront Y/N N
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Internal Only
Street Number 1 128
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* Excluded Features
List By
Joshua Mohamed

Listing Agent

Douglas Elliman Real Estate

Broker

516-354-6500

Contact

Affordability Calculator

$25,868
Per Month
98%
2%
0%
Monthly Principal & Interest
$25,250
Monthly Property Taxes
$618
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4103743 Elementary School
4102452 Middle School
Brooklyn Prep High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2026$3,999,000 Listed Price

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128 N 1st Street, Brooklyn, NY, 11249 is a Commercial Property for sale at $3,999,000 with 3,750 sqft and a lot size of 0.0486. 128 N 1st Street was built in 1910. The property's zip code is 11249 which is in Brooklyn, NY