$4,298,500
Updated 6 years ago
Off Market

267 Powers Street

East Williamsburg, Brooklyn | Judge Street & Olive Street

40 Rooms8 Beds14 Baths6,050 Square FeetMulti-Family

$4,298,500
floors / apts3 / 8
Lot Size25'x139'
Built Size25'x57'
ZoneR6B
Building TypeTownhouse
RE Taxes$9,000
Price Per SF
$710

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Courtyard
  • Laundry Room

Property Description for 267 Powers Street

You can't ask for a better property than where you have 2 buildings on one MASSIVE Irregular lot situated around the corner from Grand St L station in Williamsburg's little Italy. The main building consists of six (6) units where the carriage house has 2 large units. First floor (front building) has two (2) units each set up as winged, boxed 2 bedroom 2 bath. Where the back bedroom unit has a pvt outdoor space fenced out in the courtyard. The 2nd Floor (front main building) has a renovated boxed 2 bedroom and 2.5 Bedroom loft-like apartments. Both units have 2 baths. The Third floor (top floor of front building) has two units, a massive Flex 3BR LOFT unit and a rent stabilized floor-through unit.The Rear House has two (2) units: a ground floor rent controlled on the 1st floor and top floor (2nd FL) free market pad is a massive 4 bedroom 2 bath with a private entrance with a designated outdoor space area. Rear house has an unfinished sub-basement. Building also features a full basement where there is a laundry room and bike storage.6 of the 8 units are separately metered. Rent Roll is very high. Please ask for a setup. Non-contingent (financing) offers are desired.

Building Details for 267 Powers Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/8
Learn More About the Building

Transit and Citi Bike

Subway

Grand St
0.12 miles
Graham Av
0.26 miles
Montrose Av
0.39 miles

Citi Bike

Powers St & Olive St
0.02 miles
Bushwick Ave & Powers St
0.11 miles

Contact Agents

Contact Agents

Danny Duffoo
Corcoran
Grant Cooper
Corcoran

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 52100TH