$2,375,000
234 Powers Street, Williamsburg, Brooklyn, NY, 11211, USA
MLS#
3509077
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
1,875 sqft (174 m2)
Bedrooms
8
Baths
6
Bathrooms
6
Total number of rooms
20
Sale price per sqm
0 $
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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.
Property Details
Year Built:
1920
Style:
Multi-Level
Construction:
Brick
Heating System:
Hot Water, Steam, Oil
Cooling System:
Window Unit(s)
Lot Description:
Backyard Fully Fenced
Basement and Foundation:
Unfinished
Association/Community Features Description:
Park
School Information
High School District:
Brooklyn 14
Elementary School:
Ps 132 Conselyea School (The)
High School:
East Williamsburg Scholars
Middle School:
Brooklyn Prep High School

Contact Me

  • Sal J Crifasi
  • Crifasi Real Estate Inc
  • Phone: 718-782-4411