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East Williamsburg Multifamily Investment Opportunity

234-238 Powers Street, Brooklyn, NY 11211

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For Sale

$3,500,000

MULTI_FAMILY - Brooklyn, NY

Property size:

10,500 SF

Lot size:

0.04 Acres

Price / SF:

$333/SF

HighLights

Portfolio of three adjacent brick 6‑unit buildings at 234, 236, and 238 Powers St—18 total residential units
Unit mix includes four 1‑bedroom apartments and two 2‑bedroom units per building
Approximately 10,500 SF total across the three properties
Built in 1920 with solid 1920s construction; basement included
Utilities/services: natural gas available; public water and public sewer
Heating: oil; cooling: window and wall/window unit(s)

We can help!

Listing Contact

Sal J. Crifasi

For Sale

$3,500,000

MULTI_FAMILY - Brooklyn, NY

Property size:

10,500 SF

Lot size:

0.04 Acres

Price / SF:

$333/SF

Added:: Jul 9, 2025
Days on Market:: 341
Last Refresh:: Jun 14 at 7:06 pm

Property Features for 234-238 Powers Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R7A/R6B
Rooms: Basement
Basement: Unfinished, Full
Standard status: Active
APN: 02784-0014
Size: 10,500 SF
Lot size: 0.04 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 49925

Utilities

Utilities: Natural Gas Available
Sewer type: Public Sewer
Heating system: Oil
Cooling system: Window Unit(s), Wall/Window Unit(s)
Water source: Public

Building Details

Year built: 1920
Floors in Building: 3
Number of units: 18
Building materials: Brick

We can help!

Listing Contact

Sal J. Crifasi

Listing agent Sal J. Crifasi License #NY10301205163

Listing office Crifasi Real Estate Inc 313 Graham Ave, Middle Village, NY

Listing date Jul 9, 2025

MLS# 887174

HighLights

Portfolio of three adjacent brick 6‑unit buildings at 234, 236, and 238 Powers St—18 total residential units
Unit mix includes four 1‑bedroom apartments and two 2‑bedroom units per building
Approximately 10,500 SF total across the three properties
Built in 1920 with solid 1920s construction; basement included
Utilities/services: natural gas available; public water and public sewer
Heating: oil; cooling: window and wall/window unit(s)

Overview

Located in East Williamsburg, Brooklyn, the properties at 234, 236, and 238 Powers St offer a portfolio opportunity. The offering consists of three adjacent, brick 6-unit buildings, totaling 18 residential units. The properties are situated steps from the Grand St L-train station. Constructed in the 1920s, the buildings offer layouts and an location. The buildings present an investment for those seeking long-term value, repositioning potential, or future redevelopment. Each property features 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. The properties offer upside through lease-up, improvements, or condo conversion strategies. Combined, the buildings span approximately 10,500 square feet and sit on three 18.75 x 100 ft lots. The properties are suited for investors or end users who are familiar with the operations, regulations, and long-term upside of rent-stabilized buildings. The properties are located in residential surroundings and close proximity to Williamsburg's retail corridors. The zoning is R7A/R6B. The lot size is 0.043 acres.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.941561
Latitude: 40.712377

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For sale
Apartment buildings
NY
Brooklyn
11211
234-238 Powers Street

What type of property is this?

Apartment building - Three adjacent brick buildings with 18 units near Grand St L-train.

Where is this apartment building located?

The property is located at 234-238 Powers Street 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: Portfolio of three adjacent brick 6‑unit buildings at 234, 236, and 238 Powers St—18 total residential units; Unit mix includes four 1‑bedroom apartments and two 2‑bedroom units per building; Approximately 10,500 SF total across the three properties

234-238 Powers Street, Brooklyn, NY 11211

MULTI_FAMILY - Brooklyn, NY

Property Features for 234-238 Powers Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Incomplete Renovation Church Conversion

Flatbush Avenue Retail Investment Opportunity

Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Medical Condo in Bensonhurst, Brooklyn

Multi-Tenant Office Building with Elevator

Prime Corner Retail Building Brooklyn

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