138 Broadway #1D, New York City, NY 11211
Listing Courtesy of Compass
$1,995,000
Potential Rebate: $29,925
Overview
Welcome to Residence 1D at the landmark Smith Gray Cast Iron Building, one of Williamsburg’s rare and coveted 19th-century condo conversions. Built in 1884, this architectural gem combines original pre-war details with modern comforts to deliver the ultimate loft living experience.
This stunning triplex loft features soaring ceilings, four oversized west-facing windows that flood the space with natural light, and striking original elements like factory hardwood floors, original cast iron columns, with tin-plated ceilings that speak to the building’s industrial past.
The open kitchen features stainless steel appliances with a brand new refrigerator and dishwasher, and a breakfast bar. The owner has just remodeled both bathrooms in the last 2 years. Additional highlights include central heating and air conditioning, a video intercom system, and access to a laundry room on every floor.
Residents enjoy access to a beautifully landscaped common garden and a roof deck offering breathtaking views of the Manhattan skyline. The building is pet-friendly, allows subletting, and permits financing up to 90% of the purchase price.
Located on a block with not one, but two Michelin-rated restaurants—Peter Luger Steak House and Meadowsweet—you’ll be at the center of one of Brooklyn’s most vibrant and desirable neighborhoods.
Home Features
- •Central Air
- •Central
- •Building Washer Dryer Install Allowed
- •Building Multiple Locations
- •Common On Floor
- •Common Area
- •Garage
- •Breakfast Bar
Building Amenities
- •Garage
Estimated Monthly Payment
$11,537 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$29,925
Monthly savings impact
$83/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
171 North 1st Street #3K, New York City, NY 11211
Listing Courtesy of Compass
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Rebates Up To
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20026828
Price Analysis
Compare average listing prices and value metrics for 138 Broadway against the surrounding Williamsburg market.
Average List Price
Price Per SqFt
30.92% Lower
than the Williamsburg price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Williamsburg
Overview of Williamsburg
Williamsburg is the global poster child for urban cool. Located just across the East River from Manhattan, it is a cultural powerhouse known for its nightlife, art scene, and trendsetting style. For buyers seeking Williamsburg Brooklyn real estate, it offers the city's most dynamic and energetic living environment.
Living in Williamsburg is fast-paced. The neighborhood is divided into the ultra-modern waterfront (Northside), the grittier Southside, and the quieter Italian/hipster mix to the east. As a premier Brooklyn NYC neighborhood, it rivals downtown Manhattan for influence and price.
Real Estate & Housing Market
The market for homes for sale in Williamsburg is premium. The waterfront is lined with "glass castles" like The Edge and Domino Sugar Factory. Inland, you find converted lofts and renovated tenements.
Demand is insatiable, driven by a young, affluent demographic that prioritizes amenities, views, and proximity to the L train.
Lifestyle & Community
The lifestyle in Williamsburg is 24/7. Bedford Avenue is the main drag, packed with tourists and shoppers. The dining scene is world-class, featuring institutions like Peter Luger alongside new hotspots.
The community is a mix of creative professionals, young families (the "stroller brigade" on the waterfront), and long-time residents, though gentrification has shifted the balance heavily toward the wealthy.
Transportation & Accessibility
Williamsburg is served by the L, G, J, M, and Z trains. The L train at Bedford Ave is one stop from Manhattan, making the commute incredibly fast.
The Williamsburg Bridge offers a bike path that sees thousands of cyclists commuting daily. The ferry terminals at North and South Williamsburg provide a relaxed alternative.
Parks, Schools & Amenities
Domino Park and Marsha P. Johnson State Park (East River State Park) are the jewels of the waterfront. McCarren Park is the active center for sports and picnics.
Amenities are unmatched: Whole Foods, Apple Store, Equinox, and hermès. Williamsburg has effectively become a self-sufficient city.
Who This Neighborhood Is Best For
Williamsburg is best for socialites, trendsetters, and young families who want the excitement of Manhattan with the fresh air and views of Brooklyn.
