234 Powers Street
$2,200,000
8
6
4,290
4,290
$513
Description
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...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.
Property Details for 234 Powers Street
Architectural Style
Prewar
LISTING UPDATED: 11/12/2024 12:05 PM
Property Details for 234 Powers Street
Status | Active |
---|---|
MLS ID | RLMX-98726 |
Days on Market | 186 |
Taxes | $1,167 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Townhouse |
MLS Type | House/Building |
Year Built | 1920 |
Lot Size | 1,875 SF / 18' x 100' |
County | Kings County |
Building
Building Information for 234 Powers Street
Stories3Residences6Year Built1920Building Size18.33' x 78'Building Sq. Ft4,289.22 SFLot Size1,875 SF / 18' x 100'Building Age-Building Type-
Property Information for 234 Powers Street
Property History for 234 Powers Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 234 Powers Street
This home is within Nyc Geog District #14 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 132 The Conselyea School PublicPK to 5 | ||
Lyons Community School Public6 to 12 | ||
Progress High School for Professional Careers Public9 to 12 | ||
East Williamsburg Scholars Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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