270 S 2nd St - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11211- Williamsburg
$3,150,000 USD
914-804-7091
270 S 2nd St, Brooklyn, NY for Sale
$3,150,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | 4.73% Cap Rate

270 S 2nd St
Brooklyn, NY 11211
Williamsburg


OVERVIEW

The Forray Team at The Corcoran Group is pleased to present 270 S 2nd Street, a remarkable new mixed-use property designed for the discerning creative user and investor. This newly redeveloped brick building in Williamsburg, Brooklyn, features a spacious 3-bedroom, 3-bathroom duplex over a commercial storefront, offering a perfect setup for an owner-occupied live-work residence or a unique investment opportunity totaling over 3,686 SF of premium residential, retail and storage space. This property seamlessly combines residential comfort with commercial potential, positioned in one of the most dynamic retail markets in the country. It's an ideal choice for those looking to establish a café, gallery, creative studio, or even a restaurant, while enjoying the luxury of reimagining and personalizing a beautifully appointed home above. Whether used as an owner-occupied residence or fully leased, both the commercial and residential spaces promise strong rental income potential. Its Tax Class 1 status simply makes it an exceptional investment. The primary residence spans approximately 2,244 square feet, with an additional 847 square feet of finished cellar space that can be allocated for residential or commercial use, or shared as needed. The commercial space offers approximately 590 square feet of interior area, complemented by over 600 square feet of outdoor space. This newly finished, versatile space boasts high ceilings, HVAC, and an ADA-compliant half bathroom, while ample shared cellar areas provide additional prep and storage facilities, including an extra half bathroom. There is potential to expand the commercial footprint, increasing lot coverage and adding significant value to both the property and its business opportunities. Located in the heart of Williamsburg, 270 S 2nd Street offers easy access to vibrant landmarks and hotspots. A short stroll away is Domino Park, known for its waterfront views and recreational spaces. Commuters will appreciate proximity to both the Williamsburg Bridge and the BQE, along with nearby JMZ and L subway lines, making it ideal for accessibility. Popular nearby establishments include L'Industrie Pizzeria, Traif, Pies 'n' Thighs, Meadowsweet, Maison Premiere, and Williamsburg Cinema, to name just a few.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$1,705 USD /SF

CAP RATE

4.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,568 SF

ZONING

R6, Brooklyn

APN/PARCEL ID

02421-0010

ASK ABOUT THIS PROPERTY

Chris CavortiThe Corcoran GroupMore Info
914-804-7091

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Chris CavortiThe Corcoran GroupMore Info
914-804-7091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.