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In the heart of Williamsburg, on a classic tree-lined block, Residence 3B at 128 S 1st Street offers something increasingly rare: a thoughtfully designed home in a prime Brooklyn location that still feels within reach.
Fully renovated, the home reflects a clean, modern design sensibility grounded in quality finishes and smart functionality. Elegant dark hardwood floors run throughout, while the open kitchen is outfitted with brand-new stainless steel appliances, custom wood cabinetry, and a layout that connects effortlessly to a spacious living and dining area-ideal for entertaining or simply enjoying the rhythm of daily life. Triple exposures to the north, south, and east create an immediate sense of comfort and ease, giving the home a calm, welcoming atmosphere from the moment you arrive.
The layout is both generous and efficient. A generous primary bedroom offers comfort and scale rarely found at this price point, complete with closets for excellent storage. The second bedroom is equally well-proportioned-perfect as a guest room, home office, or nursery without compromise. The bathroom is elegantly finished with refined tilework, delivering a crisp, modern aesthetic that feels both timeless and elevated.
Additional conveniences-including central air and an in-unit washer/dryer-are seamlessly integrated, ensuring that daily living is as comfortable as it is effortless.
What sets this home apart, however, is its overall value proposition. In a market where new development pricing continues to climb, opportunities to own a thoughtfully renovated, efficiently designed residence in Williamsburg at this level have become increasingly limited. The inclusion of approximately 739 square feet of private roof rights-while currently undeveloped-adds a meaningful layer of long-term upside, offering the potential to create a customized outdoor space (as specified in offering plan).
128 S 1st Street is a boutique, four-residence condominium set within a 25-foot-wide authentic Brooklyn building-intimate in scale, professionally managed, and thoughtfully reimagined from the ground up. With exceptionally low carrying costs and a compelling price point, it stands apart from both resale inventory and larger new developments.
For those who have been waiting for the right entry into the Williamsburg market, Residence 1 presents a clear and compelling opportunity: to own a refined, well-proportioned home in one of Brooklyn's most sought-after neighborhoods-at a price point that remains attainable.
Some images are renderings and are solely for marketing purposes only and may not reflect the final product.
Complete offering terms are in an Offering Plan available from Sponsor. File No. CD25-0339. Equal Housing Opportunity.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,600 | $6,076 | $8,371 |
| Total Monthly Payment | $5,725 | $6,201 | $8,496 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.