by RH Advisors

See Home Value
New York Brooklyn 11211 Williamsburg
245A-247 S 1st Street #BUILDING
$2,650,000
Property - Off Market

245A-247 S 1st Street #BUILDING

Brooklyn, NY 11211
bedrooms
Studio
bathrooms
4 Baths
square feet
4600 Sqft
$3,218,663
RealtyHop Estimate
19.21%
Since Sep 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
4,600Ft²
Days on Market
462 days
Land Size
-
Price per sqft
$587
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 2 months ago (RLS #OLRS-0078793)

Price History

Date / Event Date Event Price
Aug 17, 2021 Sold $2,650,000
Sold
May 3, 2021 No longer available -
No longer available
Feb 16, 2021 Price Decreased $2,700,000
↓ $200K (6.9%)
Price Decreased
Oct 29, 2020 Price Decreased $2,900,000
↓ $200K (6.5%)
Price Decreased
Oct 2, 2020 Price Decreased $3,100,000
↓ $95K (3%)
Price Decreased
Show More

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 4

Interior Information

Living Area: 4600

Room Information

Rooms: 12
Exterior Details

Property Information

Year Built: 1910

Building Information

Pets Allowed: Building Yes, Yes

Lot Information

Lot Size Dimensions: 33.17 x 70.0

Land Information

Tax Lot: 2728
Tax Block: 2395


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
-
$2,230,000 Jun 3, 2019
$2,230,000 Jan 21, 2021
-
Commercial
Loft
-
-
$2,000,000 Jun 23, 2022
$2,000,000 Aug 2, 2023
$142/mo
Commercial
Loft
-
-
$2,000,000 Jun 23, 2022
$2,000,000 Aug 2, 2023
$123/mo
Townhouse
Stu
-
-
$2,985,000 Aug 29, 2014
$2,985,000 Dec 2, 2014
-
Townhouse
Stu
-
-
$3,200,000 Dec 26, 2016
$3,200,000 Aug 2, 2017
-
Condo
2 Beds
2 Baths
1,524 ft²
$1,772/ft²
$2,700,000 Aug 23, 2021
$2,700,000 Feb 25, 2022
$1,776/mo
Condo
3 Beds
3 Baths
-
$2,750,000 May 17, 2023
-
$4,145/mo
Condo
2 Beds
2 Baths
-
$2,750,000 Aug 1, 2023
-
$1,692/mo
Condo
9 Beds
4 Baths
-
$2,795,000 Apr 27, 2023
-
$994/mo
Condo
3 Beds
3 Baths
-
$2,800,000 May 17, 2023
-
$3,773/mo
Condo
2 Beds
3 Baths
2,006 ft²
$1,371/ft²
$2,750,000 Jun 3, 2022
-
$1,241/mo
In Contract
Condo
2 Beds
3 Baths
-
$2,850,000 May 30, 2023
-
$3,822/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200511
05/11/2020
Loft
8 Bath
-
$3,500,000
bedrooms
Loft
bathrooms
8 Bath
-
-
-
-

Building Info

245A South 1st Street 245A South 1st Street, Brooklyn, NY 11211
  • 2 Units
More about this Building
245A South 1st Street
Want to find out who owns 245A South 1st Street, Brooklyn, NY 11211? Get detailed property transactions here .

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