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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., Building Size:18.33 x 78ft

Features
Heating System:
Oil, Hot Water, Steam
Cooling System:
Wall/window Unit(s)
Basement:
Full, Unfinished
Appliances:
Tankless Water Heater
Fireplaces Total:
0
Garage Spaces:
0
Interior Features:
Living Room / Dining Room, Master Downstairs
Lot Features:
Near Public Transit, Near School
Parking Features:
No
Sewer:
Public Sewer
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
google.com
Property and Construction
Architectural Style:
Other
Construction Materials:
Brick
Development Status:
Brick
Elementary School:
Ps 132 Conselyea School (The)
High School:
East Williamsburg Scholars
Levels:
Three Or More
Agent MlsId:
141639
Office MlsId:
CRIF02
MiddleOrJunior School:
Brooklyn Prep High School
New Construction:
1
Number Of Units:
6
Senior Community:
1
Tax Annual Amount:
$14,004
Water Source:
Public
Zoning:
R6B
PhotosCount:
35

Commercial Sale For Sale

234 Powers Street, New York, NY

8 Bedrooms
6 Bathrooms
1,875 Acre
$1,999,999
Listing ID #L3564209
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
L3564209
Price :
$1,999,999
Rooms :
20
Bedrooms :
8
Bathrooms :
6
Bathrooms Total :
6
Lot Area :
1,875 Acre
Year Built :
1920
Status :
Active
Status :
Active
Listing Office :
Crifasi Real Estate Inc
Listing Agent :
Sal J. Crifasi
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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