NY > East Williamsburg
East Williamsburg, NY 11211,240 Powers ST #6
East Williamsburg, NY 11211,240 Powers ST #6
East Williamsburg, NY 11211,240 Powers ST #6
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$1,200,000
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8 BD
6 BA
4,290 SqFt
Price Dropped by $200K

240 Powers ST #6 East Williamsburg, NY 11211

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Chaim Reich - Erealty Advisors

Chaim Reich - Erealty Advisors

+1(718) 781-3616

UPDATED:

11/04/2024 03:57 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,290 sqft

Price per Sqft $279

MLS Listing ID 3582043

Style Tri-Level

Bedrooms 8

Full Baths 6

Originating Board onekey

Rental Info No

Year Built 1920

Annual Tax Amount $16,641

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 18.75x100

Property Description

Calling all investors! A GOLDEN OPPORTUNITY to purchase a 5/6ths occupied, rent stabilized (rent roll attached) 3 story, 6 unit rent controlled apartment building built in the 1920's , in the highly sought after area in East Williamsburg Brooklyn. There are four 1 Bedroom units, two 2 Bedroom units. 6 electric meters, 6 gas meters. The building has zero violations, hard wood floors throughout, and has been lovingly maintained and managed by current owner for multiple decades. The building was converted to natural gas in 2019 and a new furnace and hot water heater were installed at that time. 2015 saw an upgrade to the electrical system. This brick building is zoned R7A and has an FAR of 4. Being sold "AS-IS" . Williamsburg is Brooklyn's booming epicenter with a well-deserved and worldwide reputation for being an influential hub thanks to a thriving cultural scene. Its large weekend markets include Smorgasburg, Artist expos & Flea markets The neighborhood is ideal for dining, shopping and people watching. This "JUST RIGHT" building is perfectly located 1 block parallel to Grand Street b/ Bushwick Ave & Humboldt St. Close to Kosciuszko Bridge & 1 block to the newly upgraded Grand Street subway station where catching the "L" train makes for an easy commute to lower Manhattan. Williamsburg offers convenient proximity to Manhattan via the G, L, B, M, and N subway lines. BQE is close for drivers heading East towards LI and Queens. There is 1 vacant unit. See rent roll attached. Own a piece of history and invest in your own future!

Location

State NY

County Brooklyn

Rooms

Basement Full

Kitchen 6

Interior

Heating Natural Gas, Steam

Cooling Zoned

Fireplace No

Exterior

Garage On Street

Parking Type On Street

Garage false

Building

Lot Description Near Public Transit

Sewer 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 Goldilocks Real Estate • 516-874-3033

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Chaim Reich - Erealty Advisors

Salesperson | License ID: 10401360540

+1(718) 781-3616

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240 Powers ST #6