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19 Powers Street, Williamsb...

Steven Michael Burns Sells Williamsburg SFR For $3.35M With Jonathan Schulz And Jason Miller As Brokers
SOLDSingle Family Residence

Steven Michael Burns Sells Williamsburg SFR For $3.35M With Jonathan Schulz And Jason Miller As Brokers

19 Powers Street, Williamsburg, Brooklyn, NY, USA

$3,350,000

$1,538/SF

Building Size

2,178 SF

Asset Type

Single Family Residence

Closing

Apr 14, 2021

AI

Located at 19 Powers Street in Williamsburg, this single-family home has been sold in a recent transaction. The property, spanning 2,178 square feet, was sold for a price of $3,350,000, resulting in a price per square foot of $1,538. The previous sale of the property took place in March 2007 for a price of $770,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,350,000
  • Square Footage: 2,178
  • Price per Square Foot: $1,538
  • Address: 19 Powers Street, Williamsburg
  • Seller: Steven Michael Burns

Represented by Jonathan Schulz, Jason Miller, and Maggie Wu, the seller in this transaction was Steven Michael Burns. Jonathan Schulz and Jason Miller from The Miller Schulz Team at The Corcoran Group, along with Maggie Wu from Compass, acted as the seller's brokers. It is worth noting that Steven Michael Burns achieved fame as the original host of the children's preschool television program Blue's Clues from 1996 to 2002 and even received a Daytime Emmy nomination in 2001.

Players

Jonathan Schulz

The Corcoran Group

Broker

$3.4M

vol

1 deal

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93