Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $390,000

Listed at $800,000 · Sold 51.2% below asking · Closed October 3, 2018

1 Powers Street #206
Closed For Sale Condo

$800,000

$1,149 per sq ft

1 Powers Street #206

Williamsburg, Brooklyn

MLS® #RLS10440171

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

696

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 696 sq ft
Year Built 2009
Ownership Condo
HOA/Common Charges $416/mo
Property Taxes $491.4/yr
Parking Garage
Neighborhood Williamsburg
Floor 2 of 6

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 2 of 6
Exposure South,West
Pets Yes
Cross Street Hope Street/Lorimer Street
Year Built 2009
Living Area 696 sq ft
Parking Garage Available
Parcel # 02773-1207
Block/Lot 2773/1

Listing History

Event Date Price Change
Listed Apr 20, 2018 $800,000 -
Price Reduced Oct 3, 2018 $849,000 +6.1%

Description

Rare Corner One bedroom resale at One Powers Condominium. This airy and bright loft like apartment boasts direct Southern light and a Western exposure to boot. One Powers is located just three short blocks to the Lorimer L train, Metropolitan G and 10 minutes to the Marcy Avenue JMZ stop. More than 18 years remain on the 25 year 421a tax abatement. Private storage included.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Balcony Building Roof Deck Balcony

Appliances

Dryer Washer

Building Information

Stories 6

Financial Details

Common Charges $416/mo
RE Taxes $491.4/yr ($41/mo)
Sale Price $390,000
Previous Price $849,000

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

188

Median Asking Price

$2.00M

Median $/Sqft

$1,651

Avg Days on Market

N/A

New This Week

18

Price Reduced

10%

Sold (30 Days)

28

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 4/22/26, 2:46 PM EST

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Location

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1 Powers Street #206, Williamsburg, Kings County • Near Hope Street/Lorimer Street

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
6
Floors
31
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,137,721
Land Value: $245,252
Exemptions: $1,928,816

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 11,825 SF
Building Area: 37,030 SF
Built FAR: 3.13
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $416 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $491.4, or roughly $41 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 696 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2009, making it approximately 17 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $800,000 for 696 sq ft, the asking price per square foot is approximately $1,149. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10440171
First Listed: 4/20/2018
Price Changed: 10/3/2018
Closed: 10/3/2018
Contract Date: 4/20/2018

Listing Courtesy of Compass - Alex Gandelman

Listing Contact: (718) 637-3191

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 6:46 PM UTC

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