240 Powers Street #6
East Williamsburg, NY 11211
$1,200,000
8 beds | 6 baths | 0.04 acres | #3582043
For Sale
Description
Calling all investors! A GOLDEN OPPORTUNITY to purchase a 5/6ths occupied, rent stabilized (rent roll attached) 3 story, 6 unit rent controlled apartment building built in the 1920's , in the highly sought after area in East Williamsburg Brooklyn. There are four 1 Bedroom units, two 2 Bedroom units. 6 electric meters, 6 gas meters. The building has zero violations, hard wood floors throughout, and has been lovingly maintained and managed by current owner for multiple decades. The building was converted to natural gas in 2019 and a new furnace and hot water heater were installed at that time. 2015 saw an upgrade to the electrical system. This brick building is zoned R7A and has an FAR of 4. Being sold "AS-IS" . Williamsburg is Brooklyn's booming epicenter with a well-deserved and worldwide reputation for being an influential hub thanks to a thriving cultural scene. Its large weekend markets include Smorgasburg, Artist expos & Flea markets The neighborhood is ideal for dining, shopping and people watching. This "JUST RIGHT" building is perfectly located 1 block parallel to Grand Street b/ Bushwick Ave & Humboldt St.
Interior Details
Heating & Cooling
- Cooling:Zoned
- Heating:Natural Gas, Steam
Beds & Baths
- Bedrooms:8
- Bathrooms:6
- Full Baths:6
Property Details
Property
- Lot description:Near Public Transit
Measurements
- Acres:0.04
Parking
- Parking features:On Street
Construction Details
Type & Style
- Property type:Purchase
- Basement:1
Condition
- Year built:1920
Utilities / Energy Details
Utility
- Sewer information:Sewer
- Utility source:Public
Community and Neighborhood Details
Community
- Community features:Park, Near Public Transportation
Location
- School district:Brooklyn 14
- Elementary School:Ps 132 Conselyea School (The)
- Middle School:Brooklyn Prep High School
- High School:East Williamsburg Scholars
- County:Brooklyn
Financial Details
Pricing Details
- Original List Price:$1, 400, 000
- Taxes annual:$16, 641
Other
Source
- MLS #:3582043
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Sandi M Polinsky
Listing Office: Goldilocks Real Estate
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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