$3,295,000
Updated 8 years ago
Off Market

375 South 1st Street

Williamsburg, Brooklyn | Hooper Street & Borinquen Place

3 Rooms2 Beds1 Bath2,625 Square FeetMixed Use

$3,295,000
floors / apts3 / 2
Lot Size25'x57'3"
Built Size25'x35'
Building TypeTownhouse
RE Taxes$4,178
Price Per SF
$1,255

Outdoor space and views

  • Terrace

Building Amenities

  • Roof Deck

Property Description for 375 South 1st Street

Prime opportunity to own an ideally-located mixed-use property in vibrant Williamsburg, only 3 blocks from the G and L trains! The 3-story brick building is 25 ft. wide by 57 ft. deep, with entrances on both South 1st Street and Borinquen Place. Currently built 25 x 35, offering 2 spacious, newly-renovated 2-bedroom apartments (1,750 sq. ft.) over a large ground-floor commercial/retail space (875 sq. ft.) with curb cut. This is an excellent investment, and perfect for a end-user who can also capitalize on the first floor as parking space. Additional available square footage may be utilized to create an amazing triplex apartment as well with a roof terrace and parking space or store for income. Built in 1899, with 2,625 total sq. ft., R6 zoning, a floor area ratio of 2.43, and an allowable usable floor area of 2,977 sq ft. Annual taxes are $4,178. Generate multiple sources of monthly income in one of Brooklyn's hottest neighborhoods!

Listing History for 375 South 1st Street

Now
07/27/2018
POM by Patricia Vance
Douglas Elliman
04/28/2018
Expired by Patricia Vance
Douglas Elliman

Building Details for 375 South 1st Street

OwnershipMixed Use
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Metropolitan Av
0.16 miles
Lorimer St
0.26 miles
Hewes St
0.26 miles
Marcy Av
0.32 miles
Broadway
0.33 miles

Citi Bike

Hope St & Union Ave
0.09 miles
Stagg St & Union Ave
0.15 miles

Contact Agent

Contact Agent

Patricia Vance
Douglas Elliman

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 58666TH