Project Description

81 Powers Street | Williamsburg

Asset Type: Development

Sales Date: July 25, 2018

Price:  $1,800,000

No. of Units:  1

Zoning: R6B

Total Buildable Sq. Ft. (Approx.): 5,000 SF

Lot Dimensions: 25 ft x 100 ft

Investment Highlights

Bestreich Realty Group (BRG) is pleased to announce that it has closed 81 Powers Street (Block: 02774, Lot: 0033), located between Lorimer and Leonard Street, in the Williamsburg section of Brooklyn. The lot measures 25 ft x 100 ft and is zoned R6B. With a max FAR of 2, the property offers approximately 5,000 buildable square feet.

This property is located near the L and G subway lines, offering quick and easy access to Manhattan. 81 Powers Street is near an array of retail along Metropolitan Avenue. It is also surrounded by many bars, restaurants and playgrounds. With quick access to Manhattan, it has gained favor among renters hoping to live in the boroughs. Williamsburg is rapidly becoming one of the most sought after real estate markets for both retail and residential focused investors.

Call: (718) 360-8801

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Exclusive Listing Agents

Derek Bestreich
Derek BestreichPresident
Luke Sproviero
Luke SprovieroVP of Sales
Justin Zeitchik
Justin ZeitchikSenior Associate
Justin Zeitchik
Justin ZeitchikSenior Associate
Donal Flaherty
Donal FlahertyAssociate