This listing was posted on ListedBuy.
$2,600,000
8 Bedroom 6 Bath In Brooklyn NY 11211
Price:
$2,600,000
BR/BA:
8 BR, 6 BA
Location:
Alabaster, AL
Description:
RDL70411030 - Nestled in the charming East Williamsburg section of Brooklyn, this sturdy 6-unit BRICK building at 234 Powers St 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 sale-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 the potential of 234 Powers St. Whether. Still available at ListedBuy!
Property Type:
Condos, Townhouses & Apts for Sale
Sq feet:
3,500 sq. ft.
Amenities:
Elevator
For sale by:
By Owner
Posted:
January 4 on ListedBuy
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More About this Listing: 8 Bedroom 6 Bath In Brooklyn NY 11211
8 Bedroom 6 Bath In Brooklyn NY 11211 is a Eight Bedroom 6.5 Bath Condos for Sale in Alabaster AL. Find other listings like 8 Bedroom 6 Bath In Brooklyn NY 11211 by searching Oodle Classifieds for Eight Bedroom 6.5 Bath Condos for Sale in Alabaster AL.
8 Bedroom 6 Bath In Brooklyn NY 11211 is a Eight Bedroom 6.5 Bath Condos for Sale in Alabaster AL. Find other listings like 8 Bedroom 6 Bath In Brooklyn NY 11211 by searching Oodle Classifieds for Eight Bedroom 6.5 Bath Condos for Sale in Alabaster AL.