234 Powers St #6, Brooklyn, NY 11211

Located in the vibrant East Williamsburg section of Brooklyn, this rent-stabilized 6-unit brick building at 234 Powers St presents a unique investment opportunity. Built in 1920, the walk-up features solid construction and a thoughtful layout. The front half of the building spans 18.33 feet in width, while the back half narrows to approximately 12 feet in width, allowing for a shared courtyard area between this property and the neighboring building at 236 Powers St. The total interior space measures approximately 3,500 sqft (excluding the basement). Situated just half a block from the Grand St L-train entrance, now equipped with a new elevator for added accessibility, the property offers unmatched convenience. The Grand St shopping district and the charm of Graham Avenue are also within close proximity, making this a highly desirable location. The building comprises four 1-bedroom apartments and two 2-bedroom units, all with functional, non-railroad layouts. The first-floor rear unit is occupied by a rent-stabilized tenant generating $1,600/month and will be sold with the tenant in place. The other five units are vacant but remain subject to rent stabilization regulations, offering flexibility for future leases or upgrades. There is additional potential to combine the first-floor front apartment with the basement to create a duplex with direct access to the backyard and courtyard. This property is well-suited for investors seeking rental income, developers exploring a condo conversion without ground-up construction, or end-users desiring a customizable home in a prime location. With its solid construction, adaptable layout, and attractive location, 234 Powers St offers versatility and long-term value. Disclaimer: All information provided is deemed reliable but is subject to independent verification. Buyers, brokers, and investors should conduct their own due diligence and hire professionals, such as attorneys and architects, to assess the property's potential and compliance with current laws. The seller and broker make no guarantees regarding modifications or uses.