345 S 1st St - Apartments FOR SALE


Brooklyn, NY 11211- Williamsburg | 
$2,300,000 USD
917-419-2461
345 S 1st St, Brooklyn, NY for Sale
$2,300,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

345 S 1st St
Brooklyn, NY 11211
Williamsburg


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$511 USD /SF

# OF UNITS

15

PRICE/UNIT

$153,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

M1-1, Brooklyn

APN/PARCEL ID

02398-0018

ASK ABOUT THIS PROPERTY

Zachi KorenShaar Advisors LLCMore Info
917-419-2461

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Zachi KorenShaar Advisors LLCMore Info
917-419-2461

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.