This property is a freshly renovated building consisting of 5 Units, 4 Apartments + 1 Commercial space, located in the heart of Brooklyn's Prime Williamsburg.
Trades at a 6% Cap Rate!!
This building is 100% Free Market thereby making it into a a fabulous income producing asset. Residential Units fully occupied with wonderful tenants who pay their rent promptly each month. Commercial Unit is currently vacant.
Each apartment is equipped with brand new appealing condo finishes, hardwood floors, recessed lighting, stainless steel appliances, spacious apartments, and more.
The property is in close proximity to public transportation, restaurants, cafes, and shops.
Sold for $2,450,000
$2,450,000
294 Powers St, Brooklyn, NY 11211
12beds
3,150sqft
MultiFamily
Built in 1920
-- sqft lot
$3,131,600 Zestimate®
$778/sqft
$5,105 Estimated rent
Home value
$3,131,600
$2.66M - $3.66M
$5,105/mo
Zestimate® history
Owner options
List your home for rent
$5,105/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$5,105/mo
Rent Zestimate®
Refinance and save
$14,595/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$14,595/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,150 sqft
Property
Features
- Exterior features: Stucco, Brick
Lot
- Size: 2,500 sqft
Details
- Parcel number: 029220029
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Brooklyn
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $2,450,000-32.9%$778/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/25/2019 | Listing removed | $3,652,000$1,159/sqft |
Source: Owner Report a problem | ||
| 8/27/2019 | Price change | $3,652,000-0.1%$1,159/sqft |
Source: Owner Report a problem | ||
| 8/12/2019 | Listed for sale | $3,655,000+52.3%$1,160/sqft |
Source: Owner Report a problem | ||
| 8/19/2016 | Sold | $2,400,000+3328.6%$762/sqft |
Source: Public Record Report a problem | ||
| 4/22/1996 | Sold | $70,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,437 +7.5% | $544,500 +6.6% |
| 2024 | $11,574 | $510,840 +20% |
| 2023 | -- | $425,700 +1.7% |
| 2022 | -- | $418,500 +25.1% |
| 2021 | -- | $334,665 +3% |
| 2020 | $9,803 +31.7% | $324,900 -29.8% |
| 2019 | $7,444 | $462,600 +725.2% |
| 2018 | -- | $56,059 +4.4% |
| 2017 | $6,828 +1.6% | $53,687 +2.9% |
| 2016 | $6,724 | $52,193 +6.7% |
| 2015 | $6,724 +61.6% | $48,915 +6.6% |
| 2014 | $4,161 | $45,906 +6.5% |
| 2013 | -- | $43,123 +4.4% |
| 2012 | -- | $41,298 +2.9% |
| 2011 | -- | $40,149 +6.7% |
| 2010 | -- | $37,627 +6.6% |
| 2009 | -- | $35,313 +6.5% |
| 2008 | -- | $33,172 +4.4% |
| 2007 | -- | $31,768 +2.9% |
| 2006 | -- | $30,884 +6.7% |
| 2005 | -- | $28,944 +6.6% |
| 2004 | -- | $27,164 +6.5% |
| 2003 | -- | $25,517 +4.4% |
| 2002 | -- | $24,437 +2.9% |
| 2001 | -- | $23,757 +6.7% |
| 2000 | -- | $22,265 |
Find assessor info on the county website
Neighborhood: Williamsburg
Nearby schools
GreatSchools rating
- 5/10Ps 196 Ten EyckGrades: PK-5Distance: 0.3 mi
- 5/10Ms 582Grades: 6-8Distance: 0.3 mi
- 2/10Progress High School for Professional CareersGrades: 9-12Distance: 0.1 mi
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other New York Topics
