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39 Powers Street #2B
About This Property
39 Powers Street, #2B is a stunning triplex in the heart of Williamsburg. The two-bedroom, 1.5-bathroom unit features an open-concept kitchen, dark Siberian hardwood floors, built-in stereo and central vacuum systems, a washer/dryer, two spacious private outdoor spaces and incredibly low carrying costs. 39 Powers Street is a six-condominium building. Heat, hot water and DirectTV are included in the monthly common charges. Moreover, there is a TAX ABATEMENT UNTIL 2035ONLY $22 IN MONTHLY TAXES!
One enters the unit on the building's second floor and passes through the entry foyer into a breezy, great room located on the first level. The open kitchen includes generous counter space and cabinets for storage, stainless steel LG appliances, a five-burner stove, and a large breakfast bar. The sliding glass door opens off the living room to reveal a spacious private terrace perfect for entertaining! In addition to two closets with ample storage capabilities, the first floor boasts a powder room complete with a Frigidaire washer/dryer.
The living quarters are located on the unit's second floor. Both bedrooms feature 15 ft. ceilings and receive incredible light from northwest-facing windows. A sliding glass door off the larger bedroom allows access to the home's second private terrace. Relax in the spa-like full bathroom which comes with heated floors, a deep soaking Jacuzzi tub and dual sinks. The second level also includes two walk-in-closet spaces.
Ascend another flight up to the home's third floor loft space. This area is ideal for a kids' playroom, guest room, den, or additional storage.
NEIGHBORHOOD:
Williamsburg is one of Brooklyn's most vivacious and charming areas. 39 Powers Street is located on a quiet, tree-lined street in a prime location. Neighborhood restaurants and hotspots include Ainslie, Barcade, Brooklyn Cupcake and Lighthouse. An entrance to the Metropolitan Ave. L/G subway station is conveniently located at the end of the block allowing for quick access to Manhattan, other parts of Brooklyn and Long Island City. The home is a very short distance from McCarren Park, Domino Park and the East River waterfront.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | In contract | - | |
| In contract | |||
| Jul 21, 2021 | Price Decreased |
$1,249,000
↓ $46K
(3.6%) | |
| Price Decreased | |||
| Jun 16, 2021 | Price Increased |
$1,295,000
↑ $45K
(3.6%) | |
| Price Increased | |||
| Jun 15, 2021 | Listed by William Raveis New York City | $1,250,000 | |
| Listed by William Raveis New York City | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/26/2025
|
2 Bed
|
1 Bath
|
1200 ft²
|
$1,400,000
2 Bed
1 Bath
1200 ft²
|
$1,350,000
-3.57%
12/10/2025
|
Keith Burkhardt
The Burkhardt Group LLC
| |
|
06/15/2021
|
2 Bed
|
2 Bath
|
1183 ft²
|
$1,295,000
2 Bed
2 Bath
1183 ft²
|
$1,250,000
-3.47%
09/10/2021
|
Nicholas Daddario
William Raveis New York City LLC
| |
|
09/10/2019
|
2 Bed
|
1 Bath
|
1183 ft²
|
$1,095,000
2 Bed
1 Bath
1183 ft²
|
$1,045,000
-4.57%
01/03/2020
|
Stephanie Turk
Elliman
| |
|
09/08/2017
|
2 Bed
|
1 Bath
|
1125 ft²
|
$1,295,000
2 Bed
1 Bath
1125 ft²
|
$1,145,000
-11.58%
02/09/2018
|
Rinat Gabai
Douglas Elliman Real Estate
| |
|
09/02/2013
|
1 Bed
|
1 Bath
|
701 ft²
|
$749,000
1 Bed
1 Bath
701 ft²
|
$724,500
-3.27%
01/21/2014
|
Tam M Le
The Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017