SOLD FOR $2,999,999
Listed at $2,999,995 · Sold 0.0% above asking · Closed October 22, 2025
225 S 1st Street
MLS® #RLS20019228
Listing by LEXINGTON PROPERTIES LLC
3
Bedrooms
3
Baths
3,200
Sq. Ft.
1935
Year Built
Quick Summary
Property Highlights
- Style: Prewar,WalkUp architecture
- Character: Pre-war building (1935)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 21, 2025 | $2,999,999 | - |
| Currently | May 7, 2026 | $2,999,995 | -0.0% |
Description
Welcome to 225 S. 1st Street, a prime opportunity in the heart of Williamsburg. This versatile four-story building is perfect for first-time buyers, savvy investors, or end users looking to create their dream home while generating substantial rental income. Why get trapped in a $3M condo with high monthly maintenance fees and no return on investment, when you can have freedom to control your lifestyle in an entire building with income-producing units that help pay your mortgage?
Currently configured with a ground-floor commercial space and three residential floors above, the building is already income-generating. The well-established restaurant on the ground floor is leased at $6,000/month, and the spacious one-bedroom apartment on the second floor can easily rent for $3,000/month. That’s $9,000/month in passive income from day one.
All three residential floors are vacant and ready to reconfigure to your dreams. Renovate the third and fourth floors into a stunning duplex penthouse with a private roof deck and command $8,000/month in rent–– or take all three floors for a marvelous live/work family residence. Live your ideal lifestyle in a charming building in a great neighborhood and let the restaurant and second-floor tenant cover nearly $9,000 of your monthly expenses with potential to take over the second floor apartment as your family grows.
With low maintenance costs and tremendous upside, 225 S. 1st Street is a truly smart, and more practical choice. You’re not just buying space — you’re investing in your future. Whether you live in the one-bedroom and collect $14,000/month, or occupy the upper floors and collect $9,000/month, or use all three residential floors and get $6000/month from the restaurant, this property gives you flexibility, security, and serious return.
This is your chance to own a piece of Williamsburg with real income, real upside, and real value. Schedule a viewing today and see what smart investing really looks like.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Williamsburg
View All Williamsburg ListingsWilliamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.
Williamsburg Live Market Data
View NeighborhoodActive Listings
188
Median Asking Price
$1.97M
Median $/Sqft
$1,623
Avg Days on Market
N/A
New This Week
12
Price Reduced
12%
Sold (30 Days)
24
Median Sale Price
$1.60M
Live data from RLS at REBNY • Updated 5/7/26, 2:48 PM EST
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Location
225 S 1st Street, Williamsburg, Kings County • Near Driggs Avenue/Roebling Street
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $5,960, or roughly $497 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 3 full bathrooms.
The listed interior living area is 3,200 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1935, making it approximately 91 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $2,999,995 for 3,200 sq ft, the asking price per square foot is approximately $937. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of LEXINGTON PROPERTIES LLC - Matthew W Westfall
Listing Contact: (917) 903-2627
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 6:48 PM UTC