6 months on rocket

234 Powers St *, Unit New York City, NY, 11211

$2,375,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
Townhouse
Schools Nearby

Location

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234 Powers St *, New York$2,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1920
HeatingNone
MLS #RLMX-98726
StatusActive

About 234 Powers St *

Nestled in the charming East Williamsburg section of Brooklyn, this sturdy 6-unit BRICK building at 234 Powers St presents a unique investment opportunity. Built in 1920, this walk-up apartment building boasts a solid construction with a width of 18.33 feet and a length of 78 feet, maximizing its use of space without any additional square footage. Location-wise, it's an urban dweller's dream, situated just half a block from the Grand St L-train entrance, which now features a brand-new elevator for added convenience, ensuring accessibility for all. Grand St's vibrant shopping district and amenities are nearby, with the eclectic charm of Graham Avenue just moments away. The unit composition of this property is appealing, featuring four well-proportioned 1-bedroom apartments and two spacious 2-bedroom units, none of which are railroad style, ensuring comfortable living spaces. While the first-floor rear apartment is currently occupied, it is being sold with the current tenant in place as a rent-stabilized unit, generating a steady income of approximately $1,600 per month. Additionally, there's potential to expand and create an expansive living space by connecting the first-floor front apartment with the basement, offering direct access to the backyard and courtyard. With the second and third floors currently vacant, the canvas is open for your vision. The total space, excluding the basement, spans approximately 3,500 sqft. This building presents an excellent opportunity for a condo conversion without the need for ground-up construction, making it an appealing prospect for savvy investors, developers, and individuals looking for a welcoming place to call home. Its solid brick construction, combined with its prime location, sets the stage for a promising investment venture or a comfortable living experience in one of Brooklyn's most sought-after neighborhoods. Don't miss your chance to explore the potential of 234 Powers St. Whether you're interested in immediate rental income, envisioning a condo conversion project, or seeking a new home, this building offers the versatility and location to turn your real estate aspirations into reality.<br><br><br><br><br><br>

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1920

Listing Office:

  • Office Name: Crifasi Realty Associates Inc
  • Office Phone: (718) 821-5999
  • Listing Agent: Sal Crifasi
  • Agent Phone: (718) 821-5999

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Utilities

Utilities Information:

  • Heating: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,375,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

234 Powers St * vs New York

204 DAYS ON ROCKET

+108 Days

$2,375,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RLMX-98726

Listing Office:

  • Office Name: Crifasi Realty Associates Inc
  • Office Phone: (718) 821-5999
  • Listing Agent: Sal Crifasi
  • Agent Phone: (718) 821-5999

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 6:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,187

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1983752
4
/10

  • PS 196 Ten Eyck

  • 207 Bushwick Ave

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-1983753
6
/10

  • PS 132 The Conselyea School

  • 320 Manhattan Ave

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-1983754
5
/10

  • PS 18 Edward Bush

  • 101 Maujer St

  • 0.31 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,346. The majority of New York, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 234 Powers St *

What is the listing price of this property?

The listing price of 234 Powers St * property is $2,375,000.

What type of property is this?

The property 234 Powers St * is a townhouse located in Unit New York City, New York, 11211.

Is this property for sale now?

Active Listing: 234 Powers St * is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 234 Powers St * has 8 bedrooms and 6 bathrooms.

What is the square footage of this property?

The sq. ft. of 234 Powers St * is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 234 Powers St * is 1920.

Rocket Homes›New York›Kings County›New York›11211›234 Powers St *

This home is located at 234 Powers St * in Unit New York City, NY and zip code 11211 in the East Williamsburg neighborhood. This home was built in 1920. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 07, 2023 and is currently priced at $2,375,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. The number of listings in New York, NY increased by 3.7% between February 2024 and March 2024. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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