NOT LISTED FOR SALE
10 Beds
9 Baths
6,000 Sq Ft
-- Built

Last Sold July 14, 2017

Last sale price $4,750,000 $792 Per Sq Ft

236 Days on Market

Highlights

  • Garden
  • 2-minute walk to Grand Street (L Line)
  • Laundry Facilities
  • Central Air

About This Home

As of July 2017

Native Real Estate is pleased to exclusively present 251 Powers Street For Sale in Williamsburg. This 7 Unit multifamily property is a mint condition, CASH FLOWING INVESTMENT PROPERTY situated in one of the fastest growing neighborhoods in Brooklyn. New development and retail has been pouring into the area at a rapid pace.

This frame and steel property is in just renovated condition from the foundation up. 251 Powers is situated on a massive 25 ft x 117 ft lot. Improvements include a three (3) story, 5000 sqft main house plus a two (2) story rear carriage house. There are six (6) units in the front house and one (1) in the rear house. 100% of the apartments are free market rents; property is fully leased-up and will be delivered fully occupied.

* SETUP AVAILABLE UPON REQUEST.

Here is your opportunity to purchase a multifamily asset demanding top rents. The apartment mix includes four (4) loft style 1 bedrooms, two (2) 1.5 bedroom/1.5 bathroom duplexes and one (1) 4 bedroom/2 bathroom. The units are highly desirable with large open floor plans, tall ceilings, excellent sun light plus central heat and air conditioning. Laundry is in basement. All utilities are separately metered keeping owner'a operating expenses low.

The property is 1 block from the L train at Grand St and 10 minutes from the G train at Metropolitan Ave/Lorimer St.

Call, Text or Email to request more information or to request a showing!

Last Listed By

Bram Lefevere

Native Real Estate LLC License #10401230339 Listed on: 10/05/2016

Property Details

Home Type

  • Condominium

Home Design

  • Loft

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Additional Features

  • Garden
  • Central Air

Community Details

Overview

  • 7 Units
  • Williamsburg Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Cross Street: JUDGE ST
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Loft
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Living Area: 6000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 30

Beds/Baths

  • Bathrooms Integer: 9
  • Bedrooms: 10

Exterior Features

  • Exterior Features: Garden

Utilities

  • Laundry Features: Common Area
  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Building Info

  • Units: 7
  • Total Stories: 3

Tax Info

  • Tax Block: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $4,750,000 0.0% $792 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
10/20/2016 10/20/16 For Sale $4,750,000 -- $792 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10095659

Real Estate Board of New York (REBNY)

APN: 02920-0044