Description

Welcome to 257 Powers Street, a coveted 165.5' deep lot with three separate buildings and 3 separate garden options for tenants. There is one front building with three floors and two separate back carriage houses with two floors each. All buildings have basements. There is also 1.43 out of 2 FAR used. Spanning 165.5 feet deep at its furthest point, 257 Powers is ready to maximize its value as its new transformation awaits. The location is perfect too; close to all of the fun Williamsburg has to offer and a three minute walk to the Grand L train.
The zoning is R6B and there is also a partial commercial space in the front first floor. Many of these apartments have preferential rents, so there is upside immediately after closing.
This property along with its sisters 979-985 Metropolitan Ave can be sold separate or together as a package -- Total of 20 Units. Powers is 3 buildings and 979-985 Metropolitan is 2 buildings. The buildings have AMAZING upside and locations. Prime Prime Prime.
Slam dunk Portfolio potential in Williamsburg and HEAVILY FREE MARKET.
Email for Set Ups on all 3 buildings.
View More

Building Features 3 Floors8 Units

intercom

Unit Features

Pet Policy: Building Yes, Yes

$3,395,000 / $557 per ft²

Last Asking: Jan 21, 2023

13 Beds / 10.5 Baths / 6,089 ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes -

Exclusively listed with: Compass

Sarah
Sawyer

sawyer@compass.com

(917) 854-1898

Scott
Friend

scott.friend@compass.com

(203) 460-0789

Listing Courtesy of Compass

Unit listing history

Date Status Amount Listed by Owner Name
Loading History...