Active

234 Powers Street

Brooklyn NY, 11211

$2,300,000


Active

8 Beds

6 Baths

Town House

Built in 1920

Nestled in the charming East Williamsburg section of Brooklyn, this sturdy 6-unit BRICK building at 234 Powers St 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 the potential of 234 Powers St. 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.





RLMX-98726

MLS ID

July 8, 2024

Listed

September 16, 2024

Updated

Map

234 Powers Street
Brooklyn NY, 11211

Interior Features

Total Stories

0


Bedrooms

8


Total Bathrooms

6


Full Bathrooms

6


Laundry Description

Building None, None


Fireplace

No


Cooling

No


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.04 Acres


Architectual Style

Prewar

Other Property Details

Taxes

$14,004


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

Kings


Pool

No

Listed by Sal Crifasi with Crifasi Realty Associates Inc
Listing Contact: (718) 821-5999 

The IDX display contains information sourced from the Real Estate Board of New York as of 9/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 9/16/2024 at 2:41 PM UTC

 

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