Price Reduced 4.35%
Price History
$2,300,000
7/8/2024
$2,200,000
9/18/2024
234 Powers Street, #6, Brooklyn, (Williamsburg), NY, 11211
20 rooms
8 beds
6 Full baths
1920
Other
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.
Status:
Active
Town:
Brooklyn
Type:
Multi-family
Units:
6
Zoning:
R6B
Heating:
Oil, Hot Water, Steam
Cooling:
Window Unit(s)
Basement:
Full, Unfinished
Acreage:
0.04
Est. Taxes:
$14,004
Construction
Brick
Lot Description:
Near Public Transit
Elementary School:
Ps 132 Conselyea School (The)
Middle School:
Brooklyn Prep High School
High School:
East Williamsburg Scholars
School District:
Community District 14
MLS #:
3564209
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Crifasi Real Estate Inc 718-782-4411