Alex Gandelman
Serhant
(718) 304-0293
35 Total Sales
3 in Williamsburg
$369K - $1.4M Price Range
225 S 1st St Brooklyn, NY 11211
Williamsburg Neighborhood
3
Beds
3
Baths
3,200
Sq Ft
880
Sq Ft Lot
Highlights
- Rooftop Deck
- Intercom
- 3-minute walk to La Guardia Playground
- Pre War Building
About This Home
As of October 2025Welcome 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?
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.
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.
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.
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.
Last Agent to Sell the Property
Highline Residential LLC License #10301218629 Listed on: 04/21/2025
Last Buyer's Agent
Highline Residential LLC License #10301218629 Listed on: 04/21/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,960
Year Built
- Built in 1935
Lot Details
- 880 Sq Ft Lot
- Lot Dimensions are 20.00 x 44.00
Home Design
- Pre War Building
Interior Spaces
- 3,200 Sq Ft Home
- 4-Story Property
- Intercom
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Community Details
- Williamsburg Subdivision
- Rooftop Deck
Listing and Financial Details
- Legal Lot and Block 0027 / 2394
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2025
Closed on
Oct 22, 2025
Sold by
225 S1 Llc
Bought by
Seller's Agent
Matthew Westfall
Highline Residential LLC
Buyer's Agent
Matthew Westfall
Highline Residential LLC
List Price
$2,999,999
Sold Price
$2,999,999
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,760
Avg. Annual Appreciation
1.84%
Purchase Details
Closed on
Nov 10, 2020
Sold by
Georges Daniel O and Tsuda Rumiko
Bought by
225 S1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 3, 1997
Sold by
Star Luna Inc
Bought by
Georges Daniel O and Tsuda Rumiko
Purchase Details
Closed on
Feb 23, 1995
Sold by
Luna Fernan and Cates Estrella Luna
Bought by
Star Luna Inc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Williamsburg, NY
-
Alex Gandelman
-
Victoria Alexander
Victoria Alexander
Realty Collective LLC
(888) 410-6137
32 Total Sales
1 in Williamsburg
$2,300,000 Price
-
Hiram Borrero
Hiram Borrero
Revived Residential
(888) 613-3019
34 Total Sales
1 in Williamsburg
$1,225,000 Price
-
Cindy Chen
Cindy Chen
Compass
(347) 537-5644
16 Total Sales
1 in Williamsburg
$499,000 Price
-
Mitchell Sher
Mitchell Sher
Signature Premier Properties
(516) 712-1097
14 Total Sales
1 in Williamsburg
$775,000 Price
-
Alexander Mecum
Alexander Mecum
Compass
(866) 986-7954
8 Total Sales
1 in Williamsburg
$1,115,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,999,995 | -- | |
| Deed | -- | -- | |
| Deed | $115,000 | First American Title Ins Co | |
| Deed | -- | Ticor Title Guarantee Compan |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Unknown | |
| Previous Owner | $236,000 | Commercial | |
| Closed | $200,000 | Credit Line Revolving |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Sold | $2,999,999 | 0.0% | $937 / Sq Ft |
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 08/02/2025 08/02/25 | Off Market | $2,999,999 | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $2,999,999 | -- | $937 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,162 | $188,580 | $15,060 | $173,520 |
| 2025 | $5,960 | $187,080 | $15,060 | $172,020 |
| 2024 | $5,960 | $147,780 | $15,060 | $132,720 |
| 2023 | $5,830 | $130,620 | $15,060 | $115,560 |
| 2022 | $5,509 | $102,540 | $15,060 | $87,480 |
| 2021 | $5,693 | $87,780 | $15,060 | $72,720 |
| 2020 | $2,221 | $84,540 | $15,060 | $69,480 |
| 2019 | $4,270 | $73,500 | $15,060 | $58,440 |
| 2018 | $3,983 | $21,000 | $5,162 | $15,838 |
| 2017 | $3,793 | $20,076 | $5,293 | $14,783 |
| 2016 | $3,613 | $19,624 | $6,211 | $13,413 |
| 2015 | $2,065 | $18,873 | $7,167 | $11,706 |
| 2014 | $2,065 | $18,175 | $8,279 | $9,896 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Westfall
MW
Seller's Agent in 2025
Matthew Westfall
Highline Residential LLC
(917) 903-2627
1 in this area
2 Total Sales
-
Stanley Piesh
SP
Seller Co-Listing Agent in 2025
Stanley Piesh
LEXINGTON PROPERTIES LLC
(917) 282-8590
1 in this area
1 Total Sale
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20019228
APN: 02394-0027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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