$2,076,000
Updated 11 years ago
Sold

296 Powers Street

East Williamsburg, Brooklyn | Judge Street & Olive Street

8 Beds4 Baths3,150 Square FeetIncome Property

$2,076,000
floors / apts3 / 4
Lot Size25'x100'
Built Size25'x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,000
Price Per SF
$659

This property was sold for $2,076,000 on 10/20/15.

Building Amenities

  • Voice Intercom

Property Description for 296 Powers Street

GREAT 4 FAMILY INVESTMENT in WILLIAMSBURG! *** Only 1 Block to the Grand L train! Property will be delivered vacant. Lot Size 25 x 100 ft Building 25 x 42 ft Zoning: R6B FAR as Built 1.26 Max FAR 2 Taxes: $5,000/Yr Insurance: $1,600/Yr Water: $2,000/Yr Gas Heat: $3,100/Yr For more information please call: Javier Cortes (347) 200 0315 Robert Napolitano (917) 225 7584 CAPRI JET REALTY (718) 388 2188 www.CapriJetRealty.com

Listing History for 296 Powers Street

Now
10/20/2015
$2,076,000
Sold and Closed by Robert Napolitano
Capri Jet Realty Corp.
06/25/2015
$2,690,000
Initial Price by Robert Napolitano
Capri Jet Realty Corp.

Building Details for 296 Powers Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Grand St
0.11 miles
Graham Av
0.29 miles
Montrose Av
0.36 miles

Citi Bike

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

Contact Agent

Contact Agent

Robert Napolitano
Capri Jet Realty Corp.

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: 59458TH