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251 Powers Street, Brooklyn, NY 11211

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
251 Powers Street,Brooklyn, NY 11211
$5,495,000
  • 12 Beds
  • 9 Baths
  • 5,030 sq. ft.
  • Multi-family
  • Active
Listed by: arlene groder
Office: compass
MLS#:RLS20073026
Source:NY_REBNY

Price summary

  • Price:$5,495,000
  • Price per sq. ft.:$1,092.45

About this home

<strong>Prime Williamsburg Investment Property with End-use Upside</strong> : Discover a unique opportunity at 251 & 251 1/2 Powers Street, a meticulously maintained multi-family property projecting a 5.6% cap rate and over $315K net income. This property features 7 fully-leased free-market turnkey units across a substantial 25x117 lot with 6,260 gross interior SF, presenting a compelling investment with the possibility of an owner's residence in the serene rear carriage house.<br><br><br>The main 3-story building (3,750 SF above-grade) comprises two well-appointed 1-bedroom floor-through apartments on the upper levels and two flexible convertible 2-bedroom / 1.5-bathroom duplexes on the ground floor. Each unit is updated with hardwood floors, efficient mini-split HVAC, and open kitchens with dishwashers. A common laundry room is conveniently located in the full-height cellar (1,250 SF).<br><br><br>Separated by a shared garden - presenting the option for privatization - the rear...

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Home facts

  • Year built:1920
  • Subdivision & Development:East Williamsburg
  • Listing ID #:RLS20073026
  • Added:252 day(s) ago
  • Updated:October 31, 2026 at 12:44 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:9
  • Full bathrooms:7
  • Half bathrooms:2
  • Rooms Total:16
  • Kitchen Description:Dishwasher
  • Basement:Yes
  • Living area:5,030 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:5,030 sq. ft.
  • Exterior Features:Building Garden
  • Levels:3 Story

Finances and disclosures

  • Price:$5,495,000
  • Price per sq. ft.:$1,092.45

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Common Area, Dryer, Washer
  • Amenities:EntranceFoyer
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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