Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $790,000

Listed at $750,000 · Sold 5.3% above asking · Closed May 18, 2021

1 Powers Street #505
Looking for something similar?
Closed For Sale Condo

$750,000

$1,238 per sq ft

1 Powers Street #505

Williamsburg, Brooklyn

MLS® #RLS10702346

RLS at REBNY

Listing by BOND New York

1

Bedroom

1

Bath

606

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 606 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $375/mo
Property Taxes $396/yr
Parking Garage
Neighborhood Williamsburg

Property Highlights

  • Views: City
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
View City
Pets Yes
Cross Street Union Avenue and Lorimer Street
Living Area 606 sq ft
Parking Garage Available
Parcel # 02773-1228

Description

Truly, one of the best deals on the market, residence 505 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 private 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 ABATEMENT running until 2036. The building is located in best transportation area in Williamsburg, just minutes from multiple train lines. You can 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 abatement means that you can own for less than you rent this, lovely, bright, and intelligent investment. This apartment is priced to sell, so make your appointment today.

Features & Amenities

Interior Features

Common Area

Exterior Features

Balcony Building Roof Deck Balcony

Appliances

Dryer Washer

Financial Details

Common Charges $375/mo
RE Taxes $396/yr ($33/mo)
Sale Price $790,000

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

157

Median Asking Price

$1.98M

Median $/Sqft

$1,689

Avg Days on Market

N/A

New This Week

12

Price Reduced

12%

Sold (30 Days)

29

Median Sale Price

$1.23M

Live data from RLS at REBNY • Updated 3/26/26, 2:02 PM EST

Similar Listings in Williamsburg

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Location

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1 Powers Street #505, Williamsburg, Kings County • Near Union Avenue and Lorimer Street

MLS® ID: RLS10702346
First Listed: 3/3/2021
Price Changed: 3/3/2021
Closed: 5/18/2021
Contract Date: 3/3/2021

Listing Courtesy of BOND New York - David Kazemi

Listing Contact: (212) 206-1720

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 3/26/2026 at 6:02 PM UTC

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