Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 10/22/2025 for $2,999,999

225 S 1st Street
Closed For Sale Multi Family

$2,999,995

$937 per sq ft

225 S 1st Street

Williamsburg, Brooklyn

MLS® #RLS20019228

RLS at REBNY

Listing by LEXINGTON PROPERTIES LLC

3

Bedrooms

3

Baths

3,200

Sq. Ft.

1935

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 3,200 sq ft
Lot Size 880 sq ft
Year Built 1935
Ownership None
Property Taxes $5,960/yr
Neighborhood Williamsburg

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1935)

Property Details

Type Multi Family
Ownership None
Total Rooms 6
Baths 3 Full
Pets Yes
Cross Street Driggs Avenue/Roebling Street
Year Built 1935
Living Area 3,200 sq ft
Architectural Style Prewar,WalkUp
Lot Size 880 sq ft
Parcel # 02394-0027
Block/Lot 2394/0027

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

See Remarks

Exterior Features

Building Roof Deck

Building Information

Stories 4
Style Prewar,WalkUp

Financial Details

RE Taxes $5,960/yr ($497/mo)
Original Price $2,999,999
Sale Price $2,999,999
Previous Price $2,999,999

Williamsburg 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 diverse and trendy population.

Williamsburg Live Market Data

View Neighborhood

Active Listings

144

Median Asking Price

$2.00M

Median $/Sqft

$1,764

Avg Days on Market

N/A

New This Week

7

Price Reduced

13%

Sold (30 Days)

12

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 3/2/26, 3:47 AM EST

Similar Listings in Williamsburg

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Location

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225 S 1st Street, Williamsburg, Kings County • Near Driggs Avenue/Roebling Street

MLS® ID: RLS20019228
First Listed: 4/25/2025
On Market: 4/21/2025
Price Changed: 12/1/2025
Closed: 10/22/2025
Contract Date: 4/20/2025

Listing 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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/2/2026 at 8:47 AM UTC

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