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Mixed-Use Renovated Building
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294 Powers St, Brooklyn, NY 11211

Freshly renovated 5-unit building with four apartments and one commercial space, fully occupied.

Property SizeContact for details
Days on Market120

Property Features for 294 Powers St

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Golden Star Realty Group
Listed By: Joe Goldberg · License #States
Source: Crexi
Added: Apr 16 Changed: Aug 8 Last Checked: Jul 21 at 6:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Star Realty Group

Investment Insights

Based on property information with market context.

This freshly renovated mixed-use building includes five total units: four apartments and one commercial space. The property is fully occupied.

The apartments feature new condo-style finishes, hardwood floors, recessed lighting, and stainless steel appliances. The location is described as being in the heart of Williamsburg with close proximity to public transportation and nearby restaurants, cafes, and shops.

The building is described as 100% free market, with tenants paying rent promptly each month.

Key Highlights

  • Freshly renovated 5‑unit building with 4 apartments plus 1 commercial space
  • Fully occupied with tenants in place
  • New finishes in each apartment, including hardwood floors and recessed lighting

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,196
Businesses Nearby

Demographics for 11211, NY

68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Freshly renovated 5-unit building with four apartments and one commercial space, fully occupied.
Where is this apartment building located?
The property is located at 294 Powers St Brooklyn, NY.
What are key features of this property?
This property features: Freshly renovated 5‑unit building with 4 apartments plus 1 commercial space; Fully occupied with tenants in place; New finishes in each apartment, including hardwood floors and recessed lighting
More about this property
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