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$2,999,999
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Property 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.
Full Property Details
Full Property Details for 225 S 1st St
General
- Sold For: $2,999,999
- Taxes: $5,960
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20019228
- Added to Site: 315 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: See Remarks
Additional Information
- Equipment: Intercom
Exterior
- Exterior Features: Building Roof Deck
Location
- County: Kings
- Subdivision: Williamsburg
- Cross Streets: Driggs Avenue/Roebling Street
Community
- Pets Allowed: Yes
Structural Information
- Architectural Style: Prewar, Walk-Up
- Stories/Levels: 4
- Square Feet: 3,200
- Living Area: 3,200 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size: 880
- Lot Dimensions: 20.00 x 44.00
Financial Considerations
- Tax Amount: $5,960
Disclosures and Reports
- Property ID: 02394-0027
- Block: 2394
- Lot Number: 27
Listing Courtesy of Lexington Properties Llc
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Schools
Schools serving 225 S 1st St
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 17 Henry D Woodworth 208 North 5th Street, Brooklyn, NY 11211 | PK-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 225 S 1st St
Date
Details
Price
Change
Source
10/22/2025
Sold
$2,999,999
—
MLS
4/21/2025
Listed
$2,999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
225 S 1st Street, New York City, NY 11211 (MLS# RLS20019228) is a Multi-Family property that was sold at $2,999,999 on October 22, 2025. Want to learn more about 225 S 1st Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

