240 Powers ST #6 Active

Brooklyn,NY 11211

$ 1200000

8 Beds

6 Baths

4290 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,290 sqft

Price per Sqft $279

MLS Listing ID KEYL3582043

Bedrooms 8

Full Baths 6

Year Built 1920

Annual Tax Amount $16,641

Property 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. Close to Kosciuszko Bridge & 1 block to the newly upgraded Grand Street subway station where catching the "L" train makes for an easy commute to lower Manhattan. Williamsburg offers convenient proximity to Manhattan via the G, L, B, M, and N subway lines. BQE is close for drivers heading East towards LI and Queens. There is 1 vacant unit. See rent roll attached. Own a piece of history and invest in your own future!, Additional information: Appearance:Maintained,Separate Hotwater Heater:Yes, Building Size:4290

Location

State NY

County Kings (brooklyn)

Interior

Heating Natural Gas,Steam

Cooling Zoned

Exterior

Garage On Street

Utilities Available Trash Collection Public

Building

Lot Description Near Public Transit,Near Shops

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 132 Conselyea School (The)

Middle Schools Brooklyn Prep High School

High Schools East Williamsburg Scholars

School District Brooklyn 14

Others

Special Listing Condition None

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