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28153198
34332745

170 South 1st Street, Brooklyn, NY 11211 For Sale

SB
NY 10311204539
Tri State Commercial
Listed by Tri State Commercial
$4,750,000
26 days on market
Updated 15 days ago

170 South 1st Street

Details
APN 2406/7503
Property Type Retail
Sub Type Storefront
Square Footage 6,400
Units 3
Cap Rate 3.38%
NOI $143,808
Occupancy 34.81%
Tenancy Multi
Brand/Tenant Y7 Holdings, LLC
Pro-Forma Cap Rate 5.93%
Pro-Forma NOI $281,805
Price per SqFt $742
Class B
Buildings 1
Stories 1
Lot Size (SqFt) 5,225
Zoning R6

6,400 SF |Building Condo in Prime Williamsburg w/ 3 Commercial Spaces for Sale

Marketing description

Presenting 170 South 1st Street, a 16,183 SF building in Brooklyn, NY. Zoned R6, this property houses 3 commercial spaces, with 6,400 SF available for sale. The base of a bustling apartment building, it features an ICAP 2033, a sprinkler system, and 2 retail spaces (6,000 SF), along with a 420 SF community facility space. An enticing opportunity for savvy investors.

Located in the Williamsburg neighborhood of Brooklyn between Bedford Ave & Driggs Ave near the Bedford Ave L train.

Nearest Transit: L train at Bedford Ave, J & M train at Marcy Ave, and the B62 bus lines.

Nearby tenants include Tabare, Fini Pizza, Vanessa's Dumplings, Maison Premiere, Supreme, Mission Sandwich Social, Namkeen, Lucky Dog, Oslo Coffee Roasters, Super Burrito, Layla, Tacombi, The Butcher's Daughter, GHOST, and more!

170 South 1st Street, a 16,183 SF building in Brooklyn, NY. Zoned R6, this property houses 3 commercial spaces, with 6,400 SF available for sale. The base of a bustling apartment building, it features an ICAP 2033, a sprinkler system, and 2 retail spaces (6,000 SF), along with a 420 SF community facility space. Currently, 2,200 SF is occupied, leaving 3,700 SF of retail space and 420 SF for community facility use available. An enticing opportunity for savvy investors.

Located between Bedford and Driggs Avenues in the heart of Williamsburg, 170 South 1st Street offers strong visibility and steady foot traffic in one of Brooklyn’s most vibrant neighborhoods. Surrounded by popular retailers, restaurants, and lifestyle amenities-including Whole Foods, Apple, and Equinox-the property benefits from close proximity to the Bedford Avenue L train, making it ideal for both commercial tenants and long-term investors.

Investment highlights

  • At the Base of Busy a Apartment Building
  • Sprinkler System
  • ICAP 2033
  • 3 Commercial Spaces
  • 1 Retail Space: 2,280 SF
  • 1 Retail Space (Vacant): 3,700 SF
  • 1 Office Space: 420 SF

Listing Contacts

SB
NY 10311204539
Tri State Commercial
Listed by Tri State Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$143,808.00
$11,984.00/mo

Valuation Metrics

0
DSCR
3.03%
Cap Rate
3.03%
ROI

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