251 Powers Street is a newly renovated 25 FOOT WIDE Townhouse For Sale in Williamsburg. This is a 7 family TH. 6 units in front Townhouse property that is a mint condition. Your Bonus is a Backhouse, a FOUR bedroom stand alone house. This is a great property situated in one of the fastest growing neighborhoods in Brooklyn. The main building consists of Five One Bedrooms. ,1 bath and a One Bedroom duplex 1 1/2 baths.This frame and steel property is in just renovated condition from the foundation up. 251 Powers is situated on a massive 25 ft x 116 ft lot. Improvements include a three (3) story, 5000 sqft main house plus a two (2) story rear carriage house. There are six (6) units in the front house and one (1) in the rear house. 100% of the apartments are free market rents; property is fully leased-up and will be delivered fully occupied.This is your chance to purchase a Townhouse you will love to live in . . . The apartment mix includes four (4) loft style 1 bedrooms, two (2) 1.5 bedroom/1.5 bathroom duplexes and one (1) 4 bedroom 2 bathroom. The units are highly desirable with large open floor plans, tall ceilings, excellent sun light plus central heat and air conditioning. Laundry is in basement. All utilities are separately metered. One block from the L train at Grand St and 10 minutes from the G train at Metropolitan Ave/Lorimer St.Approximate income $256,000 a year251 Powers Streetthe rent currently as of now: RCH - $5,200, Apt 1L - $2,500, Apt 1R- $2,500,2L- $2,600, 2R (vacant),3L -$2,750,3R- $2,400, and3L is $2,500.The expenses are the followings:Taxes - $8,400,Water -$1,600,Elec & Gas -$2,300,Insurance -$6,800, Management Fees -$4,500, Super $3,000. Please call for a private showing.
Courtesy of: Douglas Elliman 575 Madison Ave
Office Phone: 212.891.7000
Listing Agent: Arlene Groder
Updated: 23rd July, 2019 7:17 PM.
251 Powers St Brooklyn, NY