Check Availability
$2,200,000
Multifamily - For Sale

188 Powers Street

Williamsburg, NY 11211
bedrooms
3 Beds
bathrooms
2 Baths
$11,136
Estimated Monthly
2.44%
Cap Rate

About This Property

An amazing opportunity to own a very unique property located in the coveted area of Williamsburg, Brooklyn. This unique property built on a 19'x75' lot. The property features a full basement along with 2 separate gas and electric meters. The first unit is Duplex. First floor features a living room, a kitchen, 1 full bathroom, and 1 dining room. The second level features 2 large bedrooms. The third level is a second unit which features Kitchen-dining room Combo, 1-Living Room, and 1-bedroom. FOR DEVELOPERS, the building sits on a 19'x75' lot in R6B zoning (FAR of 2) for a total 2,850 buildable square feet in an area getting $1500/SF for condos & $80/SF for rentals (please verify with architecture). The property is located 2 blocks away from the Graham Avenue L Subway which offers for a quick commute to Manhattan (Union Square) just minutes away. Short distance to countless restaurants, cafes and shopping destinations such as Mesa Coyacan, Reclamation Bar, IL Passatore, Claudia's by C.Lo Caf, among others. McCarren Park, Cooper Park, and Saturday Farmer's Market are also just a stone throw away.
Unit Size
-
Days on Market
72 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$333
HOA Dues
-
Year Built
1910
Listed By
Ronald Chui
Momentum Real Estate, LLC
Last updated: 3 months ago (OneKey MLS #ONEH6287926)

Price History

Date / Event Date Event Price
Feb 4, 2024 Listed by Momentum Real Estate, LLC $2,200,000
Listed by Momentum Real Estate, LLC

Property Highlights

Air Conditioning
Parking Details
Parking Features: None
Interior Details

Bathroom Information

Full Bathrooms: 2

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2 Baths
1,475 ft²
$1,475/ft²
$2,175,000 May 14, 2017
$2,175,000 Jun 14, 2017
$713/mo
Townhouse
3 Beds
3 Baths
2,100 ft²
$1,083/ft²
$2,275,000 Jan 30, 2021
$2,275,000 Aug 13, 2021
-
House
3 Beds
3 Baths
1,900 ft²
$1,295/ft²
$2,460,000 Sep 30, 2021
$2,460,000 Dec 6, 2021
-
Multifamily
4 Beds
3 Baths
1,568 ft²
$1,594/ft²
$2,500,000 Aug 15, 2022
$2,500,000 Jun 1, 2023
-
Condo
3 Beds
2 Baths
1,161 ft²
$1,593/ft²
$1,850,000 Mar 8, 2022
$1,850,000 May 19, 2022
$1,943/mo
Condo
3 Beds
2 Baths
1,424 ft²
$1,808/ft²
$2,575,000 Sep 29, 2022
$2,575,000 Aug 8, 2023
$2,378/mo
Condo
3 Beds
2 Baths
1,956 ft²
$1,125/ft²
$2,200,000 Sep 26, 2023
-
$2,217/mo
Condo
3 Beds
2 Baths
-
$2,195,000 Mar 3, 2022
-
$1,770/mo
Condo
3 Beds
2 Baths
1,448 ft²
$1,554/ft²
$2,250,000 Sep 22, 2022
-
$2,141/mo
Condo
3 Beds
3 Baths
1,601 ft²
$1,530/ft²
$2,449,000 Sep 6, 2023
-
$2,090/mo
Condo
3 Beds
2 Baths
1,392 ft²
$1,796/ft²
$2,500,000 Sep 13, 2023
-
$2,111/mo
Condo
3 Beds
2 Baths
1,436 ft²
$1,737/ft²
$2,495,000 Feb 7, 2024
-
$1,066/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

188 Powers Street 188 Powers Street, Brooklyn, NY 11211
  • 3 Units
  • 1 Unit for Sale
More about this Building
188 Powers Street
Want to find out who owns 188 Powers Street, Brooklyn, NY 11211? Get detailed property transactions here .

About Northern Brooklyn


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