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234 Powers Street Unit 6 Brooklyn, NY 11211
$2,200,000 $1,999,999
  • Commercial
  • PRICE REDUCED
  • 8 Bedrooms
  • 6 Full Baths
  • Year Built 1920
  • Multi Family
  • ML# 3564209

Property Details

Overview

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., Building Size:18.33 x 78ft

Key Facts

  • Style: Other
  • Lot Sq Ft: 1875
  • Taxes: $14,004
  • Sale or Rent: Sale
  • School District: Ps 132 Conselyea School (The)
  • Zoning: R6B
  • Block: 2784
  • Lot: 12

Additional Features

  • Construction Materials: Brick
  • Parking Facilities: None

Rooms & Floor Plans

  • Bedroom: 8
  • Full Bath: 6
  • Other: 6

Interior & Utilities

  • Heat: Oil, Hot Water, Steam
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $14,004
Listing Information provided courtesy of Crifasi Real Estate Inc  718-782-4411
OneKeyâ„¢ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKeyâ„¢ MLS