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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.

Highlights

  • Commercial Sale
  • Multi Family
  • Built in 1920
  • 0.043 Acre Lot
  • 490 days on Market

  • Year Built
    1920
  • Stories
    3.0
  • Construction Materials
    Brick
  • Cooling
    Wall/Window Unit(s)
  • Heating
    Oil
  • Basement
    Full, Unfinished

  • Acres
    0.043
  • Utilities
    Electricity Available, Natural Gas Available, Electricity Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 234 238 Powers St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 234 238 Powers St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 234 238 Powers St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,500,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Brooklyn, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 234 238 Powers St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 234 238 Powers St at around $24,078. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 234 238 Powers St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Kings (Brooklyn) County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 234 238 Powers St?

In most cases, yes. Whether 234 238 Powers St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Brooklyn's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 234 238 Powers St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Brooklyn and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $3,500,000 with 10,500 sqft of space—that comes out to approximately $333 per square foot.

How long has this property been on the market?

234 238 Powers St was listed on July 09, 2025, which means it's been on the market for 490 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

234 238 Powers St sits on a 0.04-acre lot, which is 1,742 square feet.

What are the property taxes for 234 238 Powers St?

The most recent public record shows annual property taxes for 234 238 Powers St were approximately $49,925. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 234 238 Powers St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 11, 2026 at 01:07AM | Source: OneKey MLS | MLS#: 887174