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373 S 1st St #1, Brooklyn, NY, 11211

2beds
2baths
3,909sqft
$2,250,000
$576price/sqft
$13,370/moest. monthly cost
$534,800/yrincome needed

About This Home

ALL OPEN HOUSES ARE BY APPOINTMENT ONLY DELIVERED VACANT Free market prime Williamsburg corner building with heavy foot traffic, just off the Williamsburg Bridge. 3,909 gross square feet (approx). Built 2,606 square feet (approx). Lot measures 41.11’ x 63.34’ x 75.54’. 63 feet of frontage on Borinquen Place. 11’ ceilings. The building is currently configured as two residential lofts on the first & second floor plus a cellar - basement , but it can be redeveloped to suit other uses. Hardwood floors and bright natural light. Steps from G, J, and M trains, easy street parking. An incredible redevelopment opportunity with endless potential: build up to six apartments, create a mixed-use space, or go fully commercial.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
92
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,909
  • Total interior livable area: 3,909 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Deck
  • Exterior features: Private Roof Deck

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,377$136,524
Home Insurance *$298$3,576
Property Taxes $1,050$12,600
Electricity $645$7,751
Total$13,370$160,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$458,400/yr
40% on housing$401,100/yr
45% on housing$356,533/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$576This listing

vs Other Active Listings

Avg $/sqft

ZIP 11211$1,062
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11211$1,149
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$2,295,000
2026-04-28Listed for sale$2,325,000

For Sale by Agent

AgentDaniel Barcelowsky
BrokerageEvergreen Realty & Investments

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