138 BROADWAY #1D
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Listed | $1,995,000 | |
| Listed | |||
| | |||
|
Welcome to Residence 1D at the landmark Smith Gray Cast Iron Building, one of Williamsburg’s rare and coveted 19th-century condo conversions. Built in 1884, this architectural gem combines original pre-war details with modern comforts to deliver the ultimate loft living experience.
This stunning triplex loft features soaring ceilings, four oversized west-facing windows that flood the space with natural light, and striking original elements like factory hardwood floors, original cast iron columns, with tin-plated ceilings that speak to the building’s industrial past.
The open kitchen features stainless steel appliances with a brand new refrigerator and dishwasher, and a breakfast bar. The owner has just remodeled both bathrooms in the last 2 years. Additional highlights include central heating and air conditioning, a video intercom system, and access to a laundry room on every floor.
Residents enjoy access to a beautifully landscaped common garden and a roof deck offering breathtaking views of the Manhattan skyline. The building is pet-friendly, allows subletting, and permits financing up to 90% of the purchase price.
Located on a block with not one, but two Michelin-rated restaurants—Peter Luger Steak House and Meadowsweet—you’ll be at the center of one of Brooklyn’s most vibrant and desirable neighborhoods.
| |||
| Nov 6, 2022 | No longer available | - | |
| No longer available | |||
| May 10, 2022 | Listed | $1,895,000 | |
| Listed | |||
| | |||
|
Built in 1884, The Smith Gray Cast Iron Building, is one of Williamsburg's few condo conversions with original details. This gorgeous triplex loft in Williamsburg's most highly sought after pre-war building has four oversized Western facing windows. 1D exemplifies true Williamsburg loft living with its soaring high ceilings and original details throughout. The unit includes factory hardwood flooring, original iron columns and tin-plated ceilings. The kitchen features stainless steel appliances and recessed lighting. The Smith Gray offers central heat and A/C, a video intercom, an on-site super six days a week, and a laundry room on each floor. The building also includes a common garden, which is just down the hall from the unit, and a roof deck with Manhattan Skyline views! The building allows pets, subletting, and financing up to 90% of the purchase price.Ferry at South 8th Street Ferry landing 0.29 miles JMZ at Marcy Av 0.32 milesL at Bedford Av 0.62 miles
| |||
| Jul 18, 2016 | Listed by Citi Habitats, Inc. | $2,150,000 | |
| Listed by Citi Habitats, Inc. | |||
| May 12, 2014 | Listed by Compass | $1,600,000 | |
| Listed by Compass | |||
| | |||
|
MASSIVE triplex loft in the beautiful Smith Gray Building! This flexible space spans three levels, with two full bedrooms and bathrooms, an open living space with soaring ceilings, and a large lower rec space which easily converts to a guest room, media room or office. Beautiful original details throughout including factory hardwood flooring and tin-plated columns. The Smith Gray building is one of Williamsburg's most sought-after addresses, with a large common garden (located steps to unit #1D), enormous over-sized windows and a historic cast-iron facade. Three years left on the J51 tax abatement.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2025
|
3 Bed
|
2 Bath
|
1843 ft²
|
$2,500,000
3 Bed
2 Bath
1843 ft²
|
$2,650,000
+6.00%
12/18/2025
|
Yesim Ak
Compass
| |
|
05/27/2025
|
3 Bed
|
2 Bath
|
1787 ft²
|
$2,650,000
3 Bed
2 Bath
1787 ft²
|
$2,410,000
-9.06%
12/29/2025
|
Nicole Dillon
Corcoran Group
| |
|
03/08/2023
|
1 Bed
|
1 Bath
|
966 ft²
|
$1,295,000
1 Bed
1 Bath
966 ft²
|
$1,412,000
+9.03%
05/10/2023
|
JASON BAUER
Weichert Properties
| |
|
07/29/2022
|
1 Bed
|
1 Bath
|
933 ft²
|
$999,000
1 Bed
1 Bath
933 ft²
|
$999,000
09/29/2022
|
EUGENE LITVAK
Compass
| |
|
07/05/2021
|
3 Bed
|
3 Bath
|
2117 ft²
|
$2,355,000
3 Bed
3 Bath
2117 ft²
|
$2,355,000
10/29/2021
|
Evan Church
Corcoran
| |
|
05/25/2021
|
1 Bed
|
1 Bath
|
871 ft²
|
$1,080,000
1 Bed
1 Bath
871 ft²
|
$1,080,000
10/22/2021
|
Rezwan Sharif
Elliman
| |
|
05/20/2021
|
3 Bed
|
2 Bath
|
1827 ft²
|
$1,943,000
3 Bed
2 Bath
1827 ft²
|
$1,943,000
11/12/2021
|
Evan Church
Corcoran
| |
|
11/23/2020
|
3 Bed
|
2 Bath
|
1815 ft²
|
$2,100,000
3 Bed
2 Bath
1815 ft²
|
$2,100,000
03/10/2021
|
Melanie Metzler
Elliman
| |
|
07/09/2020
|
1 Bed
|
1 Bath
|
934 ft²
|
$1,090,000
1 Bed
1 Bath
934 ft²
|
$1,090,000
11/05/2020
|
Philip Hale
The Corcoran Group
| |
|
05/31/2020
|
3 Bed
|
3 Bath
|
1958 ft²
|
$2,695,000
3 Bed
3 Bath
1958 ft²
|
$2,695,000
04/15/2021
|
Jon Cella
Compass
| |
|
05/21/2020
|
3 Bed
|
2 Bath
|
1815 ft²
|
$2,150,000
3 Bed
2 Bath
1815 ft²
|
$2,050,000
-4.65%
10/09/2020
|
Carey Larsen
The Corcoran Group
| |
|
10/23/2019
|
3 Bed
|
2 Bath
|
1815 ft²
|
$1,895,000
3 Bed
2 Bath
1815 ft²
|
$1,895,000
01/22/2020
|
Kristin Thomas
Trump International Realty
| |
|
01/15/2019
|
Studio
|
1 Bath
|
925 ft²
|
$995,000
Studio
1 Bath
925 ft²
|
$995,000
06/03/2019
|
Kristin Thomas
Trump International Realty
| |
|
05/01/2018
|
1 Bed
|
1 Bath
|
879 ft²
|
$1,025,000
1 Bed
1 Bath
879 ft²
|
$1,025,000
07/10/2018
|
Bruce Henderson
Corcoran Group
| |
|
02/06/2018
|
3 Bed
|
2 Bath
|
1845 ft²
|
$1,995,000
3 Bed
2 Bath
1845 ft²
|
$1,980,000
-0.75%
05/18/2018
|
Michelle Maryk
Corcoran Group
| |
|
01/24/2018
|
3 Bed
|
2 Bath
|
2318 ft²
|
$1,995,000
3 Bed
2 Bath
2318 ft²
|
$1,995,000
04/11/2018
|
Bruce Henderson
Corcoran Group
| |
|
09/06/2017
|
1 Bed
|
1 Bath
|
864 ft²
|
$1,050,000
1 Bed
1 Bath
864 ft²
|
$926,000
-11.81%
04/27/2018
|
Gregory Klein
Brown Harris Stevens Residential Sales LLC
| |
|
09/12/2017
|
1 Bed
|
1 Bath
|
934 ft²
|
$1,075,000
1 Bed
1 Bath
934 ft²
|
$999,000
-7.07%
01/26/2018
|
Jonah Cohen
Corcoran Group
| |
|
09/05/2017
|
1 Bed
|
1 Bath
|
966 ft²
|
$1,100,000
1 Bed
1 Bath
966 ft²
|
$1,100,000
11/08/2017
|
Siim Hanja
Brown Harris Stevens Residential Sales LLC
| |
|
06/16/2017
|
1 Bed
|
1 Bath
|
861 ft²
|
$950,000
1 Bed
1 Bath
861 ft²
|
$950,000
06/16/2017
|
Michelle Maryk
Corcoran Group
| |
|
05/18/2017
|
1 Bed
|
2 Bath
|
2300 ft²
|
$2,300,000
1 Bed
2 Bath
2300 ft²
|
-
04/11/2018
|
Christian Emanuel
Sothebys International Realty
| |
|
03/13/2017
|
3 Bed
|
2 Bath
|
1845 ft²
|
$2,100,000
3 Bed
2 Bath
1845 ft²
|
-
-
|
Michelle Maryk
Corcoran Group
| |
|
02/13/2017
|
3 Bed
|
3 Bath
|
2070 ft²
|
$2,649,000
3 Bed
3 Bath
2070 ft²
|
$2,649,000
04/20/2017
|
Kyle P Sennish
The Corcoran Group
| |
|
07/18/2016
|
2 Bed
|
2 Bath
|
1704 ft²
|
$2,150,000
2 Bed
2 Bath
1704 ft²
|
-
-
|
David Michael Balk
Halstead Property, LLC
| |
|
10/30/2015
|
1 Bed
|
1 Bath
|
879 ft²
|
$1,125,000
1 Bed
1 Bath
879 ft²
|
$999,999
-11.11%
05/31/2016
|
Pablo Cuevas
Corcoran Group
| |
|
10/14/2015
|
3 Bed
|
2 Bath
|
1815 ft²
|
$2,289,000
3 Bed
2 Bath
1815 ft²
|
-
-
|
Martin Eiden
Compass
| |
|
02/12/2015
|
1 Bed
|
1 Bath
|
879 ft²
|
$1,099,000
1 Bed
1 Bath
879 ft²
|
-
-
|
Jason Smircich
Compass
| |
|
12/03/2014
|
3 Bed
|
2 Bath
|
1815 ft²
|
$2,550,000
3 Bed
2 Bath
1815 ft²
|
-
-
|
Deborah Rieders
Corcoran Group
| |
|
05/12/2014
|
2 Bed
|
2 Bath
|
1704 ft²
|
$1,600,000
2 Bed
2 Bath
1704 ft²
|
$1,600,000
05/12/2014
|
Lior Barak
The Corcoran Group
| |
|
03/08/2013
|
Studio
|
1 Bath
|
-
|
$695,000
Studio
1 Bath
|
$745,000
+7.19%
06/28/2013
|
Fatima C.
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
08/02/2012
|
3 Bed
|
2 Bath
|
1815 ft²
|
$1,325,000
3 Bed
2 Bath
1815 ft²
|
$1,500,000
+13.21%
12/07/2012
|
Jason Warner
MNS
| |
|
03/24/2012
|
Studio
|
1 Bath
|
859 ft²
|
$669,000
Studio
1 Bath
859 ft²
|
$640,000
-4.33%
06/06/2012
|
Karyn Wiseman
aptsandlofts.com
| |
|
04/14/2009
|
2 Bed
|
2 Bath
|
2221 ft²
|
$899,000
2 Bed
2 Bath
2221 ft²
|
$890,000
-1.00%
08/18/2009
|
Marta Maletz
Brown Harris Stevens Residential Sales LLC
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$902,100
1 Bed
1 Bath
|
$902,100
08/14/2013
|
Michelle Maryk
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017