373 S 1st Street

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Address: 373 S 1st St, Brooklyn, NY 11211, USA
New York & Tri-State + Apartment Buildings
Created date: March 4, 2026
Date last updated: September 16, 2026
Price: $2,250,000Investment Analyzer NEW!

Property Description

Free-market prime Williamsburg corner building just off the Williamsburg Bridge with heavy foot traffic DELIVERED VACANT Approx. 3,909 gross SF (including cellar) Approx. 2,606 built SF above grade Lot dimensions: 41.11' x 63.34' x 75.54' 63 ft of frontage on Borinquen Place 11 ft ceilings Potential to add a third floor - all development potential to be confirmed by purchaser's architect As-of-right legal configuration: one residential unit over commercial - verify with architect Currently configured as two residential lofts plus cellar Hardwood floors throughout with strong natural light High-visibility corner location with consistent pedestrian traffic Steps from G, J, and M trains, easy street parking Exceptional redevelopment opportunity with multiple paths: up to six residential units, mixed-use, or full commercial conversion Property taxes: approx. $20,698/year Contact an architect to explore all possibilities for this property, we recommend our trusted architects at Future Made.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,250,000
Year Built: 1930
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 3
Address: 373 S 1st Street, Brooklyn, NY 11211, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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