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    373 S 1St St Brooklyn, NY 11211

    For Sale
    $2,400,000

    Multi-Unit (2-4) - Brooklyn, NY

    Property size:
    3,906 SF
    Days on Market:
    18
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 373 S 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Parking features
    Garage
    Basement Y/N
    1
    Size
    3,906 SF

    Building Details

    Year built
    1930
    Year renovated
    1930
    Flooring type
    Hardwood
    Architectural style
    Other

    EVERGREEN REALTY & INVESTMENTS (646) 838-1378

    Listing agent Emma Barattini (646) 838-1378

    Listing date Nov 27, 2025

    MLS# 11450365 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Williamsburg Redevelopment Opportunity

    This free market corner building is located in prime Williamsburg, just off the Williamsburg Bridge, benefiting from heavy foot traffic. The property features approximately 3,909 gross square feet and a built area of approximately 2,606 square feet. The lot measures 41.11' x 63.34' x 75.54', with 63 feet of frontage on Borinquen Place. The building, delivered vacant, currently consists of two residential lofts on the first and second floors, plus a cellar-basement. It offers an incredible redevelopment opportunity with endless potential to build up to six apartments, create a mixed-use space, or transition to fully commercial use. The property includes 11' ceilings, hardwood floors, and bright natural light. It is conveniently located steps from the G, J, and M trains, with easy street parking. This property can be redeveloped to suit other uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Solar Energy Design ... Solar Energy Equipment Supplier Solar Plumbing Design, ... Consultant The Locker Room NYC Arts Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.952372
    Latitude
    40.710705

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    FAQs

    What type of property is this?
    Specialty property - Free market corner building near Williamsburg Bridge with redevelopment potential.
    Where is this specialty property located?
    The property is located at 373 S 1St St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime Williamsburg location with high foot traffic, near the Williamsburg Bridge.; - Redevelopment opportunity with potential for multiple uses (residential, mixed-use, commercial).; - Free market building delivered vacant.
    (646) 838-1378
    Request Owner's contact information
    373 S 1St St Brooklyn, NY 11211
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    Brooklyn, NY 11211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    373 S 1St St Brooklyn, NY 11211
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