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$5,600,000
9 Beds
9 Baths8 full baths + 2 half baths
6,260sqft
251 Powers St, New York City, NY 11211
$5,600,000
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Multi Family
Built in -
$-- HOA
2,925 sqft lot
$895/sq.ft
Description
Prime Williamsburg Investment Property with End-use Upside : Discover a unique opportunity at 251 & 251 1/2 Powers Street, a meticulously maintained multi-family property projecting a 5.6% cap rate and over $315K net income. This property features 7 fully-leased free-market turnkey units across a substantial 25x117 lot with 6,260 gross interior SF, presenting a compelling investment with the possibility of an owner's residence in the serene rear carriage house.
The main 3-story building (3,750 SF above-grade) comprises two well-appointed 1-bedroom floor-through apartments on the upper levels and two flexible convertible 2-bedroom / 1.5-bath...
- Houzeo last checked: 7 Minutes ago
- Listing updated: September 10, 2025 at 8:58 pm
- Listing Provided by: Marvin Chu (718) 685-9430 , Christopher V Cavorti (914) 804-7091 | Corcoran Group (212) 355-3550
- Source: Rebny MLS-NY | MLS#: RLS20022995
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
6,260 sqft
Lot Size
2,925 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20022995
Days on Market
222
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