234 Powers ST #6 Active Save Request In-Person Tour Request Virtual Tour
Williamsburg,NY 11211
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3564209
Style Other
Bedrooms 8
Full Baths 6
Year Built 1920
Annual Tax Amount $14,004
Lot Size 1,742 Sqft
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.
Location
State NY
County Brooklyn
Zoning R6B
Rooms
Kitchen 6
Interior
Heating Oil,Hot Water,Steam
Cooling Window Unit(s)
Exterior
Garage None
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 132 Conselyea School (The)
Middle Schools Brooklyn Prep High School
High Schools East Williamsburg Scholars
School District Brooklyn 14
Others
Special Listing Condition None