Listing Courtesy of: Sal Crifasi - Crifasi Realty Associates Inc 718-821-5999
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234 Powers St Brooklyn, NY 11211

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Townhouse Residence
8 Beds
6 Baths
Sq. Ft.

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Last updated on 11/5/2024 11:30 PM
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 us...e 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. Continue reading
MLS#
RLMX-98726
Property Type
Townhouse
Bedrooms
8
Bathrooms
6 Full
Year Built
1920

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Listing Courtesy of: Sal Crifasi - Crifasi Realty Associates Inc 718-821-5999
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Real Estate Board of New York. All rights reserved.
This content last refreshed on 11/5/2024 11:30 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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