$2,999,999

225 S 1st St New York City, NY 11211

3 beds
3 full
3,200 sqft
$938 / sqft
Multi-Family

Property details

About 225 S 1st St

Welcome to 225 S. 1st Street, a prime opportunity in the heart of Williamsburg. This versatile four-story building is perfect for first-time buyers, savvy investors, or end users looking to create their dream home while generating substantial rental income. Why get trapped in a $3M condo with high monthly maintenance fees and no return on investment, when you can have freedom to control your lifestyle in an entire building with income-producing units that help pay your mortgage?<br><br>Currently configured with a ground-floor commercial space and three residential floors above, the building is already income-generating. The well-established restaurant on the ground floor is leased at $6,000/month, and the spacious one-bedroom apartment on the second floor can easily rent for $3,000/month. That’s $9,000/month in passive income from day one.<br><br>All three residential floors are vacant and ready to reconfigure to your dreams. Renovate the third and fourth floors into a stunning duplex penthouse with a private roof deck and command $8,000/month in rent–– or take all three floors for a marvelous live/work family residence. Live your ideal lifestyle in a charming building in a great neighborhood and let the restaurant and second-floor tenant cover nearly $9,000 of your monthly expenses with potential to take over the second floor apartment as your family grows.<br><br>With low maintenance costs and tremendous upside, 225 S. 1st Street is a truly smart, and more practical choice. You’re not just buying space — you’re investing in your future. Whether you live in the one-bedroom and collect $14,000/month, or occupy the upper floors and collect $9,000/month, or use all three residential floors and get $6000/month from the restaurant, this property gives you flexibility, security, and serious return.<br><br>This is your chance to own a piece of Williamsburg with real income, real upside, and real value. Schedule a viewing today and see what smart investing really looks like.

Highlights

Home typeMulti Family
StatusActive
Size3,200 sqft
Year built1935
MLS #RLS20019228

Summary

  • Full Bathrooms: 3
  • Total Bedroom Count: 3
  • Exterior: Building Roof Deck
  • Architectural Style: Prewar, Walk-Up
  • List Price: $2,999,999
  • Price/SqFt: $937
  • Year Built: 1935
  • Living Area: 3,200 SqFt
  • MLS Number: RLS20019228
  • MLS Name: RLS
  • Office Name: LEXINGTON PROPERTIES LLC
  • Office Phone: (917) 282-8590
  • Listing Agent: Matthew W Westfall
  • Agent Phone: (917) 903-2627

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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225 S 1st St

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Price information

Property sales

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Tax history

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Nearby schools

9

Success Academy Charter School-Williamsburg

Public Charter KG-4

0.1 mi

183 S 3rd St Fl ST-4th

4

P.S. 17 Henry D. Woodworth School

Public District PK-5

0.2 mi

208 N 5th St

6

Brooklyn Arbor Elementary School

Public Magnet KG-5

0.3 mi

325 S 3rd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,108. Residents of New York City, NY typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

42%
<35k
33%
35k-100k
21%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
17%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
7%
12-17 yrs old
43%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 225 S 1st St in New York City, NY and zip code 11211 in the Williamsburg neighborhood. This 3,200 square foot home was built in 1935. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $2,999,999.

In April 2025, from all listings sold in New York City, NY there were more than 210 sold above asking price, over 652 sold below and more than 792 were sold right at the asked price. In April 2025 in New York City, NY there were 1.7% more homes for sale than in March. Listings spent 131 days on the market in April 2025, and had a median list price of $870,078 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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