About This Home

This 0-bedroom, 0-bathroom commercial at 128 N 1st Street in Brooklyn, NY is listed for $3,999,000. Built in 1910, on a 0.05 acres lot.

Key Features

  • Built in 1910
  • 0.05 acre lot

Property Details

1910

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$21,387/mo

20% down · 6.5% · 30 years

Principal$2,892
Interest$17,329
Insurance$1,166

Estimates only. Actual payments may vary.

Location

128 N 1st Street

Brooklyn, NY 11249

Property Details

Construction

Brick Frame

Parking

On StreetOpen

Heating

Natural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 128 N 1st Street is listed at $3,999,000. The estimated monthly payment is $21,387 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.05 acre lot.

This property is listed by Joshua Mohamed.

JM

Joshua Mohamed

Agent at Douglas Elliman Real Estate

Listed by Douglas Elliman Real Estate · Broker phone: 5163546500 · Broker website

MLS# 1041921· Source: OneKey MLS· 69 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

128 N 1st Street, Brooklyn, NY 11249

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