$6,900,000
Updated 3 years ago
Off Market

251 Powers Street

East Williamsburg, Brooklyn | Bushwick Ave & Graham Ave

20 Rooms11 Beds9 Baths5,000 Square FeetIncome Property

$6,900,000
floors / apts3 / 6
Lot Size25'x117'
Built Size25'x50'
ZoneR6B
Building TypeTownhouse
RE Taxes$10,204
Price Per SF
$1,380

Listing Features

  • Multi-Zone
  • Multi-Zone Heat

Outdoor space and views

  • Backyard
  • City Views
  • Courtyard
  • Garden Views

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room

Property Description for 251 Powers Street

Welcome to 251 Powers Street is a newly renovated townhouse located in the rapidly growing neighborhood of Williamsburg, Brooklyn. This spacious property features a 25-foot wide main building with six units and a BONUS separate 3 bedroom stand-alone house at the back . The main building consists of 4 one-bedroom units with one bathroom each, as well as a one-bedroom duplex with one and a half bathrooms. The property has been completely renovated from the foundation up and is in mint condition. Situated on a massive 25 ft x 116 ft lot, 251 Powers Street offers ample space and privacy. The main house spans three stories and measures 5,000 square feet, while the Bonus rear carriage house spans two stories. All apartments within the property are rented at free market rates and are fully occupied, making it an excellent investment opportunity. The apartment mix includes four loft-style one-bedroom units, two one and a half bedroom duplexes with one and a half bathrooms, and bonus house- one 3 -bedroom duplex unit with 2 bathrooms. These are highly desirable, featuring large open floor plans, tall ceilings, abundant natural light, and central heating and air conditioning. Laundry facilities are located in the basement, and all utilities are separately metered. There is a fabulous common garden for all tenants to enjoy and barbeque. The location of 251 Powers Street is another highlight, being just one block away from the L train at Grand St and a 10-minute walk from the G train at Metropolitan Ave/Lorimer St. This provides easy access to transportation to Manhattan and the rest of Brooklyn and beyond. Don't miss out on the chance to own this stunning townhouse in one of Brooklyn's most sought-after neighborhoods. Call now to schedule a private showing.

Listing History for 251 Powers Street

Now
08/03/2023
$6,900,000
Initial Price by Ivan Hernandez
Compass
2023

Building Details for 251 Powers Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Grand St
0.09 miles
Graham Av
0.23 miles
Montrose Av
0.37 miles

Citi Bike

Powers St & Olive St
0.06 miles
Bushwick Ave & Powers St
0.07 miles

Contact Agents

Contact Agents

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: 50986TH