This property is a freshly renovated building consisting of 5 Units, 4 Apartments + 1 Commercial space, located in the heart of Brooklyn's Prime Williamsburg. Trades at a 6% Cap Rate!! This building is 100% Free Market thereby making it into a a fabulous income producing asset. Residential Units fully occupied with wonderful tenants who pay their rent promptly each month. Commercial Unit is currently vacant. Each apartment is equipped with brand new appealing condo finishes, hardwood floors, recessed lighting, stainless steel appliances, spacious apartments, and more. The property is in close proximity to public transportation, restaurants, cafes, and shops.
Off market
$3,178,100
294 Powers St, Brooklyn, NY 11211
12beds
3,150sqft
MultiFamily
Built in 1920
-- sqft lot
$3,178,100 Zestimate®
$1,009/sqft
$5,334 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,150 sqft
Property
Features
- Exterior features: Stucco, Brick
Lot
- Size: 2,500 sqft
Details
- Parcel number: 029220029
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Brooklyn