136 Powers Street
134–136 Powers Street, Brooklyn, NY 11211
BBL 3027827501 · BIN 3392158
- Year built
- 2007
- Type
- Condominium
- Units
- 20
- Floors
- 4
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The name "The Aria" appears in The Roebling Team's building data. It is not the recorded name of the condominium, and we could not confirm it in the public record would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The tax bill is the main story here. All 20 apartments carry a 25-year 421-a exemption, the longest version of the city's new-construction tax benefit. The exemption covers the assessed value the new construction added, so owners pay tax on roughly the value of the lot as it was before. On the 2026/27 Department of Finance roll it covers about 90 percent of the building's assessed value. It stays at full strength for a few more years and then phases out over four.
The building is a small first-wave Williamsburg condominium on the east side of the neighborhood, near where Manhattan Avenue meets Grand Street. It is a walk-up: two attached buildings at the corner, four stories at 136 and three at 134, with 20 apartments on one condominium lot. They replaced three older buildings at 252, 254 and 256 Manhattan Avenue, which were demolished in 2005.
Some records list this building as a cooperative. It is a condominium. The declaration was recorded in 2007 and every apartment has its own tax lot and deed. A single 2015 mortgage-release record on one unit carries a co-op share code, but that is a clerical coding error. For a buyer, the difference affects financing, approval and closing costs, so the ownership form should be confirmed at the outset.
Architecture and unit composition
Robert Scarano Jr. was the architect of record on both new-building applications, filed in June 2004. Because the fourth floor sits only on the 136 side, it holds just two apartments. The other 18 are split across the first three floors of both buildings.
The residences. The Department of Finance roll records apartment areas from about 600 square feet to just under 1,500 square feet, and most fall between 900 and 1,400. The first floor holds seven units lettered A through G, the most of any floor. The roll does not record bedroom counts or outdoor space, and neither is documented in public records. Confirm the layout and any private outdoor space on the floor plan for the specific unit.
No elevator. The Department of Finance classes every unit as a condominium apartment in a walk-up building. That matters for upper-floor pricing and for some buyers' plans.
Building operations
The 421-a clock. The Department of Finance exemption roll records code 5114, "421-a, 25 years, no cap," on all 20 unit lots, with a 2004 base year and a benefit start of 2009, still at 100 percent of the benefit on the 2026/27 roll. Under the statutory 25-year schedule, the benefit runs at full value for 21 years and then drops to 80, 60, 40 and 20 percent over the last four. On that reading, full exemption continues through about fiscal 2029, the step-down runs from fiscal 2030 through 2033, and full taxes start with the fiscal 2034 roll, which takes effect July 2033. Confirm the schedule against the current bill. Because the exemption covers roughly nine-tenths of the assessment today, the tax increase at the end will be large compared with the current bill.
Sponsor position. The sponsor sold 15 apartments between October 2007 and March 2008. It held the remaining five for several years under a 2008 loan and sold them in 2012 and 2013. No sponsor-held apartments remain. Every unit is individually owned, and the building has had a steady resale market since 2012.
Certificate of occupancy. The certificates for this building predate the city's online certificate dataset. A buyer's attorney should pull them from the DOB file and confirm they match the as-built floor count and unit count.
Reserves and budget. We did not find a budget, financial statements or house rules on file. Ask the managing agent for the current budget, the reserve balance, any open or planned assessment, and roof and façade condition. Those are the items that matter most in a small walk-up with no staff.
Recent sales
136 Powers Street trades as early-generation Williamsburg new construction, priced in dollars per square foot. Floor level, layout and light are the main differences between one sale and the next. For a walk-up, upper floors do not command the premium they would in an elevator building. With 20 apartments and long-term owners, only one or two units sell in a typical year.
The number to compare is the monthly carrying cost. Against a fully taxed Williamsburg condominium of the same size, an apartment here costs noticeably less each month today, and keeps most of that advantage until the step-down begins around fiscal 2030. As the exemption's end gets closer, buyers price it in more, and a resale's premium over a fully taxed comparable narrows each year. Indexed to 2025, the last complete year, condominiums east of Union Avenue trade below the Northside and waterfront buildings. Walk-ups sit toward the lower end of that range.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Dec 23, 2025 | 1G | $1,298,378.54 |
| May 21, 2024 | 2E | $1,250,000 |
| Jul 24, 2017 | 3E | $1,040,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02782-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Confirm the ownership form first. This is a condominium. If a listing or lender file says co-op, correct it before contract, because the approval process, financing and closing costs are different.
Model the whole tax clock. Run the True Monthly Carrying Cost twice: at today's number and at the fully taxed number that arrives around fiscal 2034. Then weigh both against how long you expect to own.
Pull the certificate of occupancy. It is not in the online dataset. Have your attorney confirm that it matches the four-story, 20-unit building as built.
Ask for current financials. We found no budget or statements on file. Request the budget, the reserve balance and the roof and façade history.
What to know if you’re selling
Sell the abatement with dates. Show buyers the current bill, the step-down years and the year full taxes arrive. Buyers pay more when they can see the schedule than when they have to guess at it.
Fix the listing data. If a listing carries "co-op" or a 2005 year built, correct it. The first causes lender and attorney confusion. The second understates when the building was completed.
Have the documents ready. In a 20-unit building without staff, a buyer's attorney will ask for the budget, reserves and minutes early. Having them on hand shortens diligence.
Comparable buildings
If you're considering 136 Powers Street, also evaluate:
- 1 Powers Street — a 31-residence elevator condominium at the Union Avenue end of the same street, also on a 25-year 421-a
- 14 Hope Street — a 23-residence condominium of the same vintage near Grand Street, also on a 25-year 421-a
- 26 Broadway — a 32-unit condominium from 2006 with an active 25-year 421-a
- 710 Metropolitan Avenue — a larger East Williamsburg condominium in a converted 1930 building
- 100 North 3rd Street — a 24-residence 2008 condominium whose shorter 15-year 421-a has ended
- 120 North 7th Street — a 27-residence 2007 condominium, now fully taxed
- 20 Bayard Street — a mid-2000s condominium facing McCarren Park, with its 15-year 421-a burned off
- 88 Withers Street — a newer small condominium with no abatement, the fully taxed benchmark
More Williamsburg buildings
- 130 Jackson Street (Jackson Foundry Lofts) — 2007 condominium
- 135 Jackson Street (The Jacksonia) — 2008 condominium by Karl Fischer Architects
- 135 North 11th Street — 2011 condominium
- 138 Broadway, Brooklyn (The Smith Gray Building) — 1884 condominium
- 14 Hope Street — 2008 condominium
- 143 South 8th Street (Long Island Business College) — 1891 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Williamsburg.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The name "The Aria" appears in The Roebling Team's building data. It is not the recorded name of the condominium, and we could not confirm it in the public record?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.