Unique opportunity to own a well-maintained brick 5-unit building in a prime Williamsburg location. The property is 25 feet wide, Tax Class 2A, and is being offered for sale for the first time in nearly 20 years.
Located at 345 South 1st Street, the property is situated in one of Williamsburg’s most desirable and vibrant areas, surrounded by restaurants, cafés, local shops, nightlife, and everyday conveniences. The neighborhood offers a mix of classic Brooklyn architecture, new development, parks, and waterfront destinations, giving residents a strong combination of city living and neighborhood character. Williamsburg’s popular Bedford Avenue, Grand Street, Domino Park, and the East River waterfront are all part of the surrounding area.
The building features a great mix of apartments, including two 3-bedroom units, one 4-bedroom unit, and two 1-bedroom units. The apartments are well taken care of and feature hardwood floors, stainless steel appliances and great layouts. One of the units offers a private terrace, while another has access to a large backyard. With its wide 25-foot frontage, solid brick construction, and strong unit mix, the property offers excellent rental potential and is easy to rent.
The location also offers convenient access to public transportation, with the L, G, J, and M subway lines serving the surrounding Williamsburg area, providing easy access throughout Brooklyn and into Manhattan.
A rare opportunity to acquire a well-maintained, income-producing brick property with a strong unit mix and excellent outdoor space in the heart of Williamsburg.