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$2,200,000

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8 BD

6 BA

1,742 Sqft Lot

Price Dropped by $100K

234 Powers ST #6 Williamsburg, NY 11211

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EXIT Realty First Choice

exitrealtyfirstchoice@gmail.com +1(718) 380-2500

UPDATED:

10/07/2024 08:39 PM

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

Originating Board onekey

Rental Info No

Year Built 1920

Annual Tax Amount $14,004

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 18.75x100

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

Basement Full, Unfinished

Kitchen 6

Interior

Heating Oil, Hot Water, Steam

Cooling Window Unit(s)

Fireplace No

Exterior

Garage None

Parking Type None

Garage false

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Three Or More

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

Senior Community No

Special Listing Condition None

Listed by Crifasi Real Estate Inc • 718-782-4411

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EXIT Realty First Choice

Agency | License ID: 49DA1128510

+1(718) 380-2500

EXIT Realty First Choice

234 Powers ST #6 Williamsburg, NY 11211

EXIT Realty First Choice

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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234 Powers ST #6