$2,495,000
●
Condo -
Off Market
251 POWERS ST #1
Brooklyn, NY 11211
15 Beds
6 Baths
5000 Sqft
$3,167,476
RealtyHop Estimate
26.95%
Since Mar 1, 2021
NY-New York
Primary Model
About This Property
Calling all Investors waiting for the PERFECT DEAL.
Introducing 251 Powers Street, featuring two buildings on the
lot creating a total of six apartments.with tremendous upside-an
incredible investment opportunity. The building sits
on an over sized 25 x 116.75 lot, with a total of
5,000 square feet of floor space. With an FAR of 2 the
potential is up to 5726 square feet. The rent roll potential
is $240,000 per year creating CAP rate of 9! The front
building has a total of 5 units: one gigantic 3-bedroom
apartment on the first floor, two 2-bedroom apartments on the
second floor, and two 2-bedroom apartments on the third floor.
The rear house is spacious and affords a 4 bedroom duplex.
Making a total of 6 units that will all be delivered
vacant. The house is conveniently located only 2 blocks to
the Grand Street L Train which is a short 10 minute ride into
Manhattan. It is steps to all the different restaurants,
coffee shops, supermarkets and shopping that Williamsburg has to
offer! A solid investment with a great return.
Unit Size
5,000Ft²
Days on Market
2687 days
Land Size
-
Price per sqft
$499
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1920
Last updated: 5 months ago ( #RPLU-546315091)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 28, 2013 | Listed by Aptsandlofts.com | $2,495,000 | |
Listed by Aptsandlofts.com |
Property Highlights
Interior Details
Room Information
Rooms: 28
Exterior Details
Property Information
Property Condition: Fair
PropertySubType: Apartment
Living Area: 5000
Living Area Units: SquareFeet
Building Information
Building Name: null
Location Details
Pets Allowed: Unit No, Building No
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
10
Beds
7
Baths
4,550 ft²
$484/ft²
$2,200,000
May 12, 2022
$2,200,000
Dec 27, 2022
-
House
4
Beds
4
Baths
3,275 ft²
$817/ft²
$2,675,000
Apr 5, 2021
$2,675,000
Aug 18, 2021
$307/mo
Condo
3
Beds
3
Baths
2,062 ft²
$1,188/ft²
$2,450,000
Sep 20, 2018
$2,450,000
Oct 18, 2019
$1,705/mo
Sold
Multifamily
16
Beds
9
Baths
-
$2,120,000
Feb 9, 2022
$2,120,000
Aug 23, 2022
$926/mo
House
4
Beds
4
Baths
2,160 ft²
$1,198/ft²
$2,588,250
Oct 27, 2022
$2,588,250
Jan 27, 2023
-
Sold
Condo
2
Beds
3
Baths
1,962 ft²
$1,032/ft²
$2,025,000
Feb 23, 2022
$2,025,000
Jun 22, 2022
$522/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/05/2016
|
Loft
|
9 Bath
|
-
|
$4,750,000
Loft
9 Bath
|
$4,750,000
07/14/2017
|
-
|
Bram LeFevere
Native Real Estate
|
|
09/28/2013
|
15 Bed
|
6 Bath
|
5000 ft²
|
$2,495,000
15 Bed
6 Bath
5000 ft²
|
$2,495,000
02/05/2021
|
-
|
Vittorio P.
Aptsandlofts.com
|