138 Broadway #3E
About This Property
The Smith, Gray & Co. Building combines Old World charm with modern luxuries including central heat and air conditioning, laundry rooms on every floor in addition to in-home, and video intercom security and package management. Additional outdoor space is accessible for all residents including a central courtyard with BBQ, and a common furnished roof deck with 360 views, providing residents with abundant options for outdoor entertainment and enjoyment. This architecturally striking cast-iron building, constructed in 1884, is situated near the waterfront in Brooklyn's most desirable and hip neighborhood. The vibrant surroundings offer world-class dining, from legends like Peter Luger Steak House and alongside fantastic boutique shopping and notable brand names like Whole Foods, Trader Joe's, Starbucks, and the Apple Store.
Transportation options into the city are abundant, including the J/M/Z trains, multiple bus lines, the East River Ferry nearby, and the Bedford L train an enjoyable 12 minutes away past some of the best shopping and restaurants that Williamsburg has to offer. All trains are just one stop to Manhattan, making this Brooklyn location incredibly convenient for an easy commute into the city.
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2020 | No longer available | - | |
| No longer available | |||
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | In contract | - | |
| In contract | |||
| May 21, 2020 | Listed by The Corcoran Group | $2,150,000 | |
| Listed by The Corcoran Group | |||
| |||
|
The famed Smith Gray is an iconic Cast Iron Loft Building situated in the historic hub of Broadway and Bedford Ave in Williamsburg Brooklyn. One of the only cast iron buildings in the area this building stands out as one of the neighborhood?s most spectacular structures.
This loft embodies all of the characteristics of quintessential loft living. While we find ourselves in a time of uncertainty a loft as special as this remains an in- demand asset for those seeking inspiration and creative energy from their home
This brilliant, 1800+SQFT loft is rich in detail. Sunlight pours into the apartment through the oversized windows. It has 3 Bedrooms, 2 Bathrooms, and 11.5 ft ceilings. With 12 oversized windows the sun pours in bringing the space to life. Details like newly refinished hardwood flooring, exposed brick, the wood beam ceiling, and cast-iron columns are found throughout the property. The expansive living space has the perfect layout to designate a dining area fit to host big dinner parties alongside a tremendous living room offering enough lounging to suit the whole crew. Storage is not overlooked in this unit with ample closets, each customized to maximize space. The master bedroom with a wall of exposed brick, and gorgeous steel beam is truly its own suite. The customized walk in closet, and en suite bathroom with a deep soaking tub and separate stall shower, as well dual sinks gives this master the space you desire! The other two bedrooms are well sized. Each with a customized closet. The corner bedroom with French doors allows the space to have flexibility and can function as a home studio where inspiration will thrive in the incredible light the room offers.
The foyer is the perfect entrance space to land all your belongings in two well sized closets and large utility room with in- unit laundry and additional storage space. Central heat and air conditioning on a Nest system is the perfect contemporary feature added to this historic conversion.
Building conveniences include: Elevator, basement bike storage, a lovely courtyard, common laundry on every floor, and an incredible roof deck with sprawling 360 views and furnished for all to enjoy
Located 3 blocks to the JMZ train, multiple bus lines, the east river ferry, and 10 minutes from the Bedford Ave L train. The Smith Gray is surrounded by cultural and historical landmarks, including Peter Luger's, Diner, Marlow and Son's /Daughter's, the former Williamsburg Bank, the Williamsburg Art and Historic Center as well as The Williamsburg Bridge.
| |||
| Jan 23, 2020 | No longer available | - | |
| No longer available | |||
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
|
2 Bath
|
2117 ft²
|
$2,355,000
3 Bed
2 Bath
2117 ft²
|
$2,355,000
10/29/2021
|
Evan F Church
The Corcoran Group
| |
|
05/25/2021
|
1 Bed
|
1 Bath
|
871 ft²
|
$1,080,000
1 Bed
1 Bath
871 ft²
|
$1,105,000
+2.31%
10/20/2021
|
Helen Chee
Compass
| |
|
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
|
$1,999,999
3 Bed
2 Bath
1815 ft²
|
$2,100,000
+5.00%
03/04/2021
|
Melanie Metzler
Compass
| |
|
07/09/2020
|
1 Bed
|
1 Bath
|
934 ft²
|
$1,099,000
1 Bed
1 Bath
934 ft²
|
$1,090,000
-0.82%
11/05/2020
|
John Dadd
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
|
$987,000
-0.80%
05/31/2019
|
Kristin A Thomas
Compass
| |
|
05/01/2018
|
1 Bed
|
1 Bath
|
879 ft²
|
$1,025,000
1 Bed
1 Bath
879 ft²
|
$999,500
-2.49%
07/10/2018
|
Bruce Henderson
The 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
|
Michelle Maryk
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
11/07/2017
|
Rudolf 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
|
Bruce Henderson
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
- 45 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017