Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $560,000

Listed at $999,000 · Sold 43.9% below asking · Closed August 16, 2016

1 Powers Street #404
Closed For Sale Condo

$999,000

$1,111 per sq ft

1 Powers Street #404

Williamsburg, Brooklyn

MLS® #RLS10103069

RLS at REBNY

Listing by MNS

2

Bedrooms

2

Baths

899

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 899 sq ft
Year Built 2009
Ownership Condo
HOA/Common Charges $430/mo
Property Taxes $612/yr
Parking Garage
Neighborhood Williamsburg

Property Highlights

  • Views: City
  • Exposure: South facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
View City
Exposure South
Pets Yes
Cross Street Hope Street/Lorimer Street
Year Built 2009
Living Area 899 sq ft
Parking Garage Available
Parcel # 02773-1220
Block/Lot 2773/1

Listing History

Event Date Price Change
Listed Jun 9, 2015 $999,000 -
Price Reduced Jul 6, 2015 $1,065,000 +6.6%

Description

Located on a quiet tree lined street in Williamsburg, 1 Powers is steps from shops, restaurants and nightlife as well as the L and G subway lines. The building also offers a huge roof deck with fantastic city views, a gym, and private indoor parking (available for purchase).

This well designed south facing two bedroom two bathroom with private balcony features all the amenities you want in a modern home. The kitchen features sleek white lacquer cabinetry, Bosch and LG appliances and CesearStone quartz countertops. Floor to ceiling windows, white oak flooring throughout and a washer/dryer already installed as well as almost 20 years remaining on a 25 year tax abatement make this the perfect find!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Building Roof Deck Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $430/mo
RE Taxes $612/yr ($51/mo)
Sale Price $560,000
Previous Price $1,065,000

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

Similar Listings in Williamsburg

View All

Location

Loading map...

1 Powers Street #404, Williamsburg, Kings County • Near Hope Street/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 $430 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $612, or roughly $51 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 899 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 $999,000 for 899 sq ft, the asking price per square foot is approximately $1,111. 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: RLS10103069
First Listed: 6/9/2015
Price Changed: 7/6/2015
Closed: 8/16/2016
Contract Date: 5/5/2016

Listing Courtesy of MNS - Binnie Robinson

Listing Contact: (646) 246-4103

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

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton