Multi Family
128 1st Street
Active · Kings (Brooklyn), NY 11249
- Year built
- 1910
- Est. monthly taxes
- $618.09
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About this home
Rare opportunity to acquire a five-family property in one of Brooklyn’s most sought-after and supply-constrained neighborhoods. Ideally situated in desirable Williamsburg, this property offers a versatile unit mix of four two-bedroom apartments and one three-bedroom apartment investment opportunity in a high-demand market boasting 3,750 sqft. The property also features a full, finished basement. The five-unit configuration and generous bedroom count offer a strong foundation for both seasoned investors and those seeking to establish a foothold in one of Brooklyn’s most dynamic neighborhoods. Williamsburg continues to benefit from strong residential demand, fueled by its vibrant dining, shopping, arts, waterfront, and entertainment scene, along with convenient access to Manhattan and multiple transportation options. With limited opportunities to acquire multifamily properties in this established and highly desirable area, this offering presents an opportunity to own a substantial residential asset in a neighborhood where demand remains strong. Property is being offered and sold AS IS. Buyers are encouraged to conduct their own due diligence regarding zoning, legal use, building records, taxes, expenses, leases, rents, and all other property-related matters. An exceptional opportunity to acquire a five-family property in prime Williamsburg with the potential to create long-term value in a highly competitive Brooklyn market.
Listing snapshot
- Days on site
- 43 days
- Listed on MLS
- Sep 14, 2026
- Annual property tax (MLS)
- $7,417.04
- Tax year
- 2025
- Listing brokerage
- Douglas Elliman Real Estate
- MLS ID
- KEY1041921
- Last updated
- Sep 25, 2026
General features
- Property type
- Multi Family
- Year built
- 1910
- Parking
- On Street, Open
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior features
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
Exterior features
- Construction materials
- Brick, Frame
Schools (MLS)
- Elementary school
- Ps 84 Jose De Diego
- Elementary school district
- Brooklyn 14
- Middle school
- Conselyea Prep School
- Middle school district
- Brooklyn 14
- High school
- Brooklyn Prep High School
- High school district
- Brooklyn 14
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
