Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $730,000

· Closed September 9, 2016

1 POWERS Street #405
Closed For Sale Condo

$730,000

$1,205 per sq ft

1 POWERS Street #405

Williamsburg, Brooklyn

MLS® #RLS10036407

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

606

Sq. Ft.

2010

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 606 sq ft
Year Built 2010
Ownership Condo
HOA/Common Charges $335.49/mo
Property Taxes $423.96/yr
Neighborhood Williamsburg
Floor 4 of 6

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Balcony
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 4 of 6
Exposure South
Cooling Central Air
Pets Yes
Cross Street HOPE STREET and LORIMER STREET
Year Built 2010 (New)
Living Area 606 sq ft
Parcel # 02773-1221

Listing History

Event Date Price Change
Listed Jul 5, 2016 $699,000 -
Currently Apr 24, 2026 $730,000 +4.4%

Description

Contracts out. Truly, one of my favorite apartments: residence 405 has a perfectly efficient layout with southern exposure (warmth/light all-day), in a boutique elevator building set just above the treetops and neighboring buildings. Adorned with high-end Bosch/LG appliances and finishes, set over Caeserstone countertops and hardwood floors, complete with a washer/dryer! The layout is intelligently efficient, allowing room for dining and hallway storage, giving this apartment the feel of a much larger space. Lastly, you have a BALCONY perfect for outdoor dining and herb planting, and a storage unit in the basement! 1 Powers is a boutique elevator building with a 24 hr gym, large roof-deck with views, and best of all, a 25 YEAR TAX ABATEMENT running until 2036. The building is located in best transportation area in Williamsburg, just minutes from multiple train lines. You can walk to both the L or the G three blocks away at Lorimer/Metropolitan in less than 5 minutes, or the J/M at Marcy Ave in about 10. Beyond the exceptional transit, the building is juxtaposed between the incredible food and nightlife found on Grand and Metropolitan, yet set on the adorable and quiet residential block of Powers Street. Most of all, the 25 year tax abatement means that you can own for less than you rent this, lovely, bright, and intelligent investment. This apartment is priced to sell--come find your new home!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Building Information

Financial Details

Common Charges $335.49/mo
RE Taxes $423.96/yr ($35/mo)
Original Price $699,000
Sale Price $730,000
Previous Price $699,000

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

190

Median Asking Price

$2.00M

Median $/Sqft

$1,628

Avg Days on Market

N/A

New This Week

15

Price Reduced

10%

Sold (30 Days)

26

Median Sale Price

$1.42M

Live data from RLS at REBNY • Updated 4/24/26, 6:10 AM EST

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Location

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1 POWERS Street #405, Williamsburg, Kings County • Near HOPE STREET and LORIMER STREET

Floor Plans

Floor Plan

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 $335.49 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $423.96, or roughly $35 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 606 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2010, making it approximately 16 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 $730,000 for 606 sq ft, the asking price per square foot is approximately $1,205. 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: RLS10036407
First Listed: 7/5/2016
Price Changed: 9/13/2016
Closed: 9/9/2016
Contract Date: 7/5/2016

Listing Courtesy of The Corcoran Group - Cory Kantin

Listing Contact: (917) 842-9092

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 4/24/2026 at 10:10 AM UTC

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