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234 Powers Street , #6

Williamsburg, NY 11211
  • $2,200,000
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: 3564209
UPDATED: 48 min ago
$2,200,000
  • 8
    BEDS
  • 0.04
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Nestled in the charming East Williamsburg section of Brooklyn, this sturdy 6-unit BRICK building presents a unique investment opportunity. Built in 1920, this walk-up apartment building boasts a solid construction with a width of 18.33 feet and a length of 78 feet, maximizing its use of space without any additional square footage. Location-wise, it's an urban dweller's dream, situated just half a block from the Grand St L-train entrance, which now features a brand-new elevator for added convenience, ensuring accessibility for all. Grand St's vibrant shopping district and amenities are nearby, with the eclectic charm of Graham Avenue just moments away. The unit composition of this property is appealing, featuring four well-proportioned 1-bedroom apartments and two spacious 2-bedroom units, none of which are railroad style, ensuring comfortable living spaces. While the first-floor rear apartment is currently occupied, it is being sold with the current tenant in place as a rent-stabilized unit, generating a steady income of approximately $1,600 per month. Additionally, there's potential to expand and create an expansive living space by connecting the first-floor front apartment with the basement, offering direct access to the backyard and courtyard. With the second and third floors currently vacant, the canvas is open for your vision. The total space, excluding the basement, spans approximately 3,500 sqft. This building presents an excellent opportunity for a condo conversion without the need for ground-up construction, making it an appealing prospect for savvy investors, developers, and individuals looking for a welcoming place to call home. Its solid brick construction, combined with its prime location, sets the stage for a promising investment venture or a comfortable living experience in one of Brooklyn's most sought-after neighborhoods. Don't miss your chance to explore this potential. Whether you're interested in immediate rental income, envisioning a condo conversion project, or seeking a new home, this building offers the versatility and location to turn your real estate aspirations into reality.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-12-04T00:17:12.553.
www.hudsonlivingny.com/homes/152395938
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234 Powers Street , #6 Williamsburg, NY 11211

  • Price: $2,200,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 48 min ago
  • ID#: 3564209
8
Beds
6
Baths
0
½ Baths
0.04
Acres
1920
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Elementary School:
Ps 132 Conselyea School (The)
Middle School:
Brooklyn Prep High School
High School:
East Williamsburg Scholars
School District:
Brooklyn 14
Property Description
Nestled in the charming East Williamsburg section of Brooklyn, this sturdy 6-unit BRICK building presents a unique investment opportunity. Built in 1920, this walk-up apartment building boasts a solid construction with a width of 18.33 feet and a length of 78 feet, maximizing its use of space without any additional square footage. Location-wise, it's an urban dweller's dream, situated just half a block from the Grand St L-train entrance, which now features a brand-new elevator for added convenience, ensuring accessibility for all. Grand St's vibrant shopping district and amenities are nearby, with the eclectic charm of Graham Avenue just moments away. The unit composition of this property is appealing, featuring four well-proportioned 1-bedroom apartments and two spacious 2-bedroom units, none of which are railroad style, ensuring comfortable living spaces. While the first-floor rear apartment is currently occupied, it is being sold with the current tenant in place as a rent-stabilized unit, generating a steady income of approximately $1,600 per month. Additionally, there's potential to expand and create an expansive living space by connecting the first-floor front apartment with the basement, offering direct access to the backyard and courtyard. With the second and third floors currently vacant, the canvas is open for your vision. The total space, excluding the basement, spans approximately 3,500 sqft. This building presents an excellent opportunity for a condo conversion without the need for ground-up construction, making it an appealing prospect for savvy investors, developers, and individuals looking for a welcoming place to call home. Its solid brick construction, combined with its prime location, sets the stage for a promising investment venture or a comfortable living experience in one of Brooklyn's most sought-after neighborhoods. Don't miss your chance to explore this potential. Whether you're interested in immediate rental income, envisioning a condo conversion project, or seeking a new home, this building offers the versatility and location to turn your real estate aspirations into reality.
Exterior Features

Architectural Style Other Attached Garage YN No Construction Materials Brick Cross Street Bushwick Avenue Levels Three Or More Lot Features Near Public Transit Parking Features None Property Attached YN Yes

Interior Features

Basement Details FullUnfinished Common Walls 2+ Common Walls Cooling Window Unit(s) Cooling YN Yes Fireplaces Total 0 Heating OilHot WaterSteam Hot Water On Demand Number Of Kitchens 6 Rooms Total 20

Property Features

Building Size 18.33 x 78ft Community Features ParkNear Public Transportation Lease Considered YN No MLSArea Minor 13 New Construction YN No Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 4 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 14004 Tax Annual Amount1 14004 Water Source Public Zoning Description R6B

Listing courtesy of Sal Crifasi of Crifasi Real Estate Inc: 718-782-4411
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-12-04T00:17:12.553.
 
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Howard Hanna Rand Realty
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