NOT LISTED FOR SALE

72 Powers St Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $1,711,000 - $2,853,000

Studio
-- Bath
1,620 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $1,600,000 $988 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,355/month

55 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Lorimer Street (L Line)
  • Baseboard Heating
  • P.S. 132 The Conselyea School Rated A-
  • Park
  • Fenced

About This Home

As of October 2022

Here's your opportunity to be part of the most sought out and exciting location in NYC! Welcome to Williamsburg Brooklyn! This is an investor's dream or a rare gem for any home buyer who wants to live in the heart of Williamsburg. Bring your imagination, this property has a lot of potential. It once was a legal 3 unit, but was recently changed to a 2 unit. Located just around the corner from both the L and G trains, this house is right in the action. Come be part of the excitement in the hottest scene in the city!

Last Agent to Sell the Property

Timothy Gines

HomeSmart Homes & Estates License #10401355590 Listed on: 07/06/2022

HomeSmart Homes & Estates

Co-Listed By

Haakim Byrd

HomeSmart Homes & Estates License #10301220140

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1910

Lot Details

  • 1,882 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Parking

  • On-Street Parking

Home Design

  • 1,620 Sq Ft Home

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02780-0012

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,115

Year Built

Built in 1910

Lot Details

1,882 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 845-547-0005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Living Area: 1620.00
  • Square Footage: 1620.00

Exterior Features

  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Sq Ft: 1882.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02780-0012
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-08-29

Tax Info

  • Close Date: 2022-10-13
  • Tax Annual Amount: 3115.00
  • Tax Map Number: 02780-0012

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 13, 2022
Sold by
Gines Eva
Bought by
Thering Thomas E and Thomas David
Seller's Agent
Timothy Gines
HomeSmart Homes & Estates
List Price
$1,799,000
Sold Price
$1,600,000
Premium/Discount to List
-$199,000
-11.06%
Views
4
Current Estimated Value
$2,097,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,164
Avg. Annual Appreciation
8.21%
Original Mortgage
$1,332,000
Outstanding Balance
$1,273,951
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$823,213

Purchase Details

Closed on
Apr 11, 2005
Sold by
Gines Ernesto and Gines Eva
Bought by
Gines Eva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Thering Thomas E $1,665,000 --
Thering Thomas E $1,665,000 --
Thering Thomas E $1,665,000 --
Gines Eva -- --
Gines Eva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thering Thomas E $1,332,000
Closed Thering Thomas E $1,332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $1,600,000 0.0% $988 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/29/2022 08/29/22 Off Market $1,600,000 -- --
07/06/2022 07/06/22 For Sale $1,799,000 -- $1,110 / 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 $3,886 $104,160 $20,280 $83,880
2024 $3,886 $99,600 $20,280 $79,320
2023 $3,710 $105,480 $20,280 $85,200
2022 $3,210 $86,220 $20,280 $65,940
2021 $3,115 $91,560 $20,280 $71,280
2020 $3,154 $85,800 $20,280 $65,520
2019 $3,080 $85,800 $20,280 $65,520
2018 $2,806 $15,225 $2,758 $12,467
2017 $2,634 $14,389 $4,111 $10,278
2016 $2,406 $13,584 $4,462 $9,122
2015 $1,417 $13,584 $5,217 $8,367
2014 $1,417 $13,436 $5,284 $8,152
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gines

    Seller's Agent in 2022

    Timothy Gines

    HomeSmart Homes & Estates

    (914) 213-2651

    1 in this area

    28 Total Sales

    Timothy Gines
    Section Image
  • Haakim Byrd

    Seller Co-Listing Agent in 2022

    Haakim Byrd

    HomeSmart Homes & Estates

    (845) 863-4139

    1 in this area

    153 Total Sales

    Haakim Byrd
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6196315

OneKey® MLS

APN: 02780-0012

New York Kings County Brooklyn 11211 Williamsburg

72 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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