New York, NY 11211

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$3,500,000
Annual Taxes:$49,925.04
Listing Courtesy of Crifasi Real Estate Inc

Discover a rare portfolio opportunity in the heart of East Williamsburg with the sale of 234, 236, and 238 Powers St.

View of property
View of front of home featuring brick siding and stucco siding
Empty room featuring radiator heating unit, crown molding, and hardwood / wood-style flooring
Unfurnished room with radiator heating unit, crown molding, and hardwood / wood-style floors
Empty room featuring radiator, crown molding, and light wood finished floors
Kitchen with white appliances, dark wood-style floors, light countertops, white cabinetry, and open shelves
Kitchen with white gas stove, dark wood-style floors, light countertops, and white cabinets
Kitchen with white appliances, white cabinetry, light wood-style flooring, and light countertops
Full bathroom featuring tile walls, decorative backsplash, and shower / tub combo with curtain
Spare room featuring radiator and light wood-style flooring
Entryway with tile walls
Full bath with tile walls and  shower combination
Unfurnished room featuring light wood finished floors and baseboards
Empty room with radiator heating unit, wood-type flooring, and healthy amount of natural light
Empty room featuring radiator, arched walkways, healthy amount of natural light, and hardwood / wood-style flooring
Laundry room with light floors
Kitchen featuring white gas stove, white cabinetry, light floors, light countertops, and glass insert cabinets
Kitchen with white appliances, light flooring, white cabinets, and light countertops
Spare room with radiator heating unit and light wood-style floors
Unfurnished room featuring light wood finished floors, radiator heating unit, and plenty of natural light
Full bath featuring a soaking tub and a sink
Kitchen featuring white appliances, dark wood-style floors, white cabinetry, and a textured ceiling
Kitchen with freestanding refrigerator, dark wood-style floors, and white cabinets
Spare room with radiator heating unit and hardwood / wood-style floors
Empty room with radiator and hardwood / wood-style flooring
Stairway featuring concrete floors
Exterior view
Skyline view
View of patio
View of patio
View of property exterior with brick siding and a balcony
View of utility room
Unfinished below grade area featuring heating fuel and a workshop area
View of property
View of patio
View of property featuring cooling unit
View of property floor plan
View of room layout
View of property with stairs
View of floor plan / room layout
View of property floor plan
View of propertyView of front of home featuring brick siding and stucco sidingEmpty room featuring radiator heating unit, crown molding, and hardwood / wood-style flooringUnfurnished room with radiator heating unit, crown molding, and hardwood / wood-style floorsEmpty room featuring radiator, crown molding, and light wood finished floorsKitchen with white appliances, dark wood-style floors, light countertops, white cabinetry, and open shelvesKitchen with white gas stove, dark wood-style floors, light countertops, and white cabinetsKitchen with white appliances, white cabinetry, light wood-style flooring, and light countertops

Description

Discover a rare portfolio opportunity in the heart of East Williamsburg with the sale of 234, 236, and 238 Powers St. This offering consists of three adjacent, brick 6-unit buildings — totaling 18 residential units — situated just steps from the Grand St L-train station. With their classic 1920s construction, solid layouts, and unbeatable location, these buildings present a compelling investment for those seeking long-term value, repositioning potential, or future redevelopment. Each property features a thoughtful unit mix of four spacious 1-bedroom apartments and two well-proportioned 2-bedroom units, providing a balanced blend of marketability and functionality. Several units are currently rented, while others are vacant or owner-occupied — offering significant 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. With charming residential surroundings and close proximity to Williamsburg’s thriving retail corridors, these properties are ideally suited for savvy investors or end users who are familiar with the operations, regulations, and long-term upside of rent-stabilized buildings. Whether you're looking to unlock under-market rents, stabilize long-term holdings, or explore conversion potential, 234–238 Powers St is a rare chance to acquire scale in one of Brooklyn’s most sought-after neighborhoods. All information is deemed reliable but not guaranteed and is subject to change. Buyers are encouraged to conduct their own due diligence.

Amenities

  • Electricity Available
  • Electricity Connected
  • Natural Gas Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.