See Home Value
$3,427,730*
Commercial - Off Market

245A-247 South 1st Street

Brooklyn, NY 11211
bedrooms
Studio
bathrooms
4 Baths
$2,430,000 - $2,970,000
Reference Base Price*
26.95%
Since Mar 1, 2021
NY-New York
Primary Model

About This Property

Please note this listing is for two separate Block and Lots.

Fantastic investors opportunity to purchase a residential and retail space building, with outdoor space, huge storage area in the ever-trendy Brooklyn neighborhood, Williamsburg.

245A South First Street is an ideal food and beverage opportunity for restaurant owners seeking presence amongst the locals that have defined Williamsburg with creativeness and craft.

This retail space boasts with 10 feet high ceilings, exposed brick walls, original oak wood floors, the ground floor is over 2,300 square feet with an equally as large lower level, and over 100 square feet of private outdoor space with no key money requested.

The vented kitchen is fully equipped with a 24 open flame industrial range, 36' Grill, deep fryer, 20ft hood, prep stations, triple wash stations, and a large grease trap in the basement.

The restaurant area can accommodate close to 100 guests. Great private outdoor space. The bar area has all the needed bar fixtures and can easily seat over a dozen patrons.

The lower level is a full-height floor with plenty of storage throughout, locker area, ice-maker, a double walk-in massive fridge, and a long list of essential cookware and tabletop to get you started. Additionally, a private manager's office, 2 additional bathrooms, and a long 1,000 sq ft hall that could be accessed from the street as well as the private outdoor area.

The storefront has great foot traffic and street frontage and is well-known and loved by the locals.

Additionally, there are four 1-bedroom apartments on the second floor of this building. Zoning is R6.

Contact us today for any details
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Aug 17, 2021 Sold to Toucan House Llc $2,650,000
Sold to Toucan House Llc
Feb 17, 2021 Price Decreased $2,700,000
↓ $200K (6.9%)
Price Decreased
Oct 31, 2020 Price Decreased $2,900,000
↓ $200K (6.5%)
Price Decreased
Oct 3, 2020 Price Decreased $3,100,000
↓ $95K (3%)
Price Decreased
Jul 8, 2020 Price Decreased $3,195,000
↓ $305K (8.7%)
Price Decreased
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,650,000 May 12, 2020
$2,650,000 Aug 17, 2021
$421/mo
Unknown
Stu
-
-
$2,675,000 Nov 2, 2017
$2,675,000 Sep 7, 2017
-
Townhouse
Stu
-
-
$2,550,000 Oct 26, 2020
$2,550,000 Oct 1, 2021
$411/mo
Townhouse
Stu
-
-
$2,900,000 Nov 5, 2017
$2,900,000 Jun 14, 2018
-
Townhouse
Stu
-
-
$2,750,000 Aug 25, 2021
$2,750,000 Mar 22, 2022
-
Townhouse
Stu
-
-
$2,360,000 Jan 30, 2018
- Nov 30, -0001
$354/mo
Commercial
Loft
-
-
$2,500,000 Jun 23, 2022
-
$142/mo
Commercial
Loft
-
-
$2,200,000 Jun 23, 2022
-
$123/mo
Condo
3 Beds
3 Baths
1,429 ft²
$1,889/ft²
$2,700,000 Oct 3, 2022
-
$1,947/mo
Condo
3 Beds
3.5 Baths
2,356 ft²
$1,157/ft²
$2,725,000 Mar 23, 2022
-
$4,324/mo
Condo
2 Beds
2 Baths
1,465 ft²
$1,809/ft²
$2,650,000 Dec 29, 2021
-
$3,662/mo
Condo
2 Beds
2.5 Baths
2,006 ft²
$1,371/ft²
$2,750,000 Jun 3, 2022
-
$1,241/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

247 South 1st Street 247 South 1st Street, Brooklyn, NY 11211
  • 3 Units
More about this Building
247 South 1st Street
Want to find out who owns 247 South 1st Street, Brooklyn, NY 11211? Get detailed property transactions here .

About Northern Brooklyn


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