$3,999,000

128 N 1st Street, Brooklyn, NY 11249

3,750 sqft

Multi-Family Home
Built in 1910
2,117sqft lot
—— car garage
$1,066/sqft
Listed 1 month ago

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.

Listing Status:: Active
Data Last Updated:: October 8, 2026 at 7:20AM
Listing Office:: Douglas Elliman Real Estate : 516-354-6500
MLS ID:: 1041921

Basement: Full
A/C: Wall/Window Unit(s)
Heating: Natural Gas

Parking: On StreetOpen

Originating MLS: onekey2
School District: Brooklyn 14
County: Kings (Brooklyn)

Zoning: R6B02380-0010

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of Douglas Elliman Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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