NOT LISTED FOR SALE

320 Powers St Brooklyn, NY 11211

East Williamsburg Neighborhood
16 Beds
9 Baths
5,000 Sq Ft
1,307 Sq Ft Lot

Last Sold August 23, 2022

Last sale price $2,120,000 $424 Per Sq Ft

107 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Grand Street (L Line)
  • Eat-In Kitchen
  • Cathedral Ceiling
  • Wood Flooring
  • Window Unit Cooling System

About This Home

As of August 2022

Legal 8 Family Building w/ Backyard in Williamsburg! This high-income producing property is in great condition, and located only steps away from the L train at Grand St station, 5 min walk to Cooper Park, close to tons of stores and restaurants on Grand St. The building features: - 12 ft High ceilings - Each unit is 2BR/1BA Railroad - All units are in good condition and feature hardwood floors, eat-in kitchen, full bath - Full Partially Finished Basement w/ Full Bath - Backyard which is accessible through Apt 1L - New Boiler and Heater (2 yrs old). All tenants are quality paying tenants. Current CAP Rate is 5.6%! Take Advantage of This Extraordinary Opportunity! Bld: 25 x 50 ft Lot: 25 x 63.25 ft Zoning: C8-2 MAX FAR: 2; FAR: 3.39 RE Taxes: $7,665/Yr (including SCRIE credit) Great Investment Opportunity! Full Set Up and DHCR is available!

Last Agent to Sell the Property

Francesco Viglietta

Capri Jet Realty Corp License #10401350764 Listed on: 02/09/2022

Last Buyer's Agent

Ran Dan Pan

Compass Greater NY LLC License #10301212742

Compass Greater NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,115

Year Built

  • Built in 1920

Lot Details

  • 1,474 Sq Ft Lot
  • Lot Dimensions are 25x63.25
  • Two or More Common Walls
  • Back Yard Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 9 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 196 Ten Eyck Elementary School
  • Middle School 582
  • High School-Enterprise

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 12 / 2923
  • Assessor Parcel Number 02923-0012

Community Details

Overview

  • 8 Units

Recreation

  • Park

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,115

Year Built

Built in 1920

Lot Details

1,474 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: One
  • Building Size: 25 x 50
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-388-2188
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 9
  • Full Bathrooms: 9
  • Basement: Full, Partially Finished
  • Total Bedrooms: 16
  • Living Area: 5000.00
  • Kitchens: 8
  • Square Footage: 5000.00

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-02-11
  • Flood Zone Report: Yes
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms 582

Lot Info

  • Lot Size Acres: 0.0300
  • Lot Dimensions: 25x63.25
  • Lot Size Sq Ft: 1474.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02923-0012
  • Zoning Description: C8-2
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-23
  • Tax Annual Amount: 11115.00
  • Tax Block: 2923
  • Tax Lot: 12
  • Tax Map Number: 02923-0012

Multi Family

  • Units Total: 8
  • Two Bedrooms: 8
  • Separate Electric Meters: 8
  • Separate Gas Meters: 8

MLS Schools

  • Elementary School: Ps 196 Ten Eyck
  • High School: High School-Enterprise,Bus & Tech
  • Middle School District: Brooklyn 14
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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 List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $2,120,000 -13.5% $424 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $2,450,000 -- $490 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,661 $578,700 $7,200 $571,500
2024 $12,661 $718,200 $7,200 $711,000
2023 $11,507 $598,500 $7,200 $591,300
2022 $8,608 $748,350 $7,200 $741,150
2021 $9,259 $699,300 $7,200 $692,100
2020 $4,130 $765,000 $7,200 $757,800
2019 $7,011 $734,400 $7,200 $727,200
2018 $9,178 $72,157 $768 $71,389
2017 $9,178 $72,157 $893 $71,264
2016 $9,010 $69,888 $981 $68,907
2015 $5,667 $64,712 $1,090 $63,622
2014 $5,667 $59,923 $1,155 $58,768
Source: Public Records

Agents Affiliated with this Home

  • Francesco Viglietta

    Seller's Agent in 2022

    Francesco Viglietta

    Capri Jet Realty Corp

    (718) 785-6533

    1 in this area

    5 Total Sales

    Francesco Viglietta
    Section Image

  • R

    Buyer's Agent in 2022

    Ran Dan Pan

    Compass Greater NY LLC

    (347) 630-6498

    1 in this area

    9 Total Sales

    Ran Dan Pan
    Section Image
  • RanDan Pan

    Buyer's Agent in 2022

    RanDan Pan

    Compass Greater NY LLC

    (347) 630-6498

    1 in this area

    34 Total Sales

    RanDan Pan
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3375091

OneKey® MLS
New York Kings County Brooklyn 11206 East Williamsburg

320 Powers St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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