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    234-238 Powers St Brooklyn, NY 11211

    For Sale
    $3,500,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Property size:
    10,500 SF
    Lot size:
    0.04 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 234-238 Powers St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    R7A/R6B
    Rooms
    Basement
    APN
    02784-0014
    Basement Y/N
    1
    Size
    10,500 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Oil
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    18
    Building materials
    Brick
    Architectural style
    Other

    Crifasi Real Estate Inc (718) 894-8700 [email protected]

    Listing agent Sal J. Crifasi (718) 894-8700 License #10301205163

    Listing date Sep 2, 2025

    MLS# 887174 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Williamsburg Multifamily Investment Opportunity

    Located in East Williamsburg, Brooklyn, the properties at 234, 236, and 238 Powers St. offer a portfolio opportunity consisting of three adjacent, brick 6-unit buildings, totaling 18 residential units. Constructed in the 1920s, these properties are situated near the Grand St L-train station. The buildings feature a unit mix of four 1-bedroom apartments and two 2-bedroom units. Several units are currently rented, while others are vacant or owner-occupied. Combined, the buildings span approximately 10,500 square feet and sit on three 18.75 x 100 ft lots. The properties are located in a residential area near Williamsburg’s retail corridors. The zoning is R7A/R6B. This presents an investment opportunity for long-term value, repositioning potential, or future redevelopment.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.941561
    Latitude
    40.712377

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    FAQs

    What type of property is this?
    Apartment building - Three adjacent 6-unit buildings near Grand St L-train station.
    Where is this apartment building located?
    The property is located at 234-238 Powers St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime East Williamsburg location, steps from the Grand St L-train.; - Portfolio of three adjacent, brick 6-unit buildings (18 total units).; - Significant upside potential through lease-up, improvements, or condo conversion.
    (718) 894-8700
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    234-238 Powers St Brooklyn, NY 11211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234-238 Powers St Brooklyn, NY 11211
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