296 Grand St - Apartments FOR SALE


Brooklyn, NY 11211- Williamsburg
$3,000,000 USD
718-894-8700
296 Grand St, Brooklyn, NY for Sale
$3,000,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

296 Grand St
Brooklyn, NY 11211
Williamsburg


OVERVIEW

Rare opportunity to purchase a mixed-use building in prime Williamsburg along Grand Street. The property is three and part four stories totaling approximately 4,650 sq ft with a 25 ft frontage and 94 ft depth. The ground floor offers a 1,400 sq ft commercial space, above is a two-bedroom apartment on the second floor, and a large three-bedroom, two-bath duplex spanning the third and fourth floors. Basement and backyard included. Located in an R6B/R6 zoning district with a C2-4 commercial overlay, this building offers strong visibility, consistent foot traffic, and is surrounded by top dining, shopping, and transportation options. The property can be delivered vacant, presenting excellent potential for an investor or end-user looking to reposition or occupy. Nestled in the heart of Williamsburg’s vibrant Grand Street corridor, this three and part four-story mixed-use building offers a rare opportunity for investors or end-users. Spanning approximately 4,650 square feet on a 25’ × 94’ lot, the property features a ground-floor commercial space of roughly 1,400 square feet, ideal for retail or dining. Above, a spacious two-bedroom apartment occupies the second floor, while a large three-bedroom, two-bath duplex encompasses the third and fourth floors, providing versatile residential or income-generating options. Originally built in 1899 and situated in a flexible R6B/R6 residential zone with a C2-4 commercial overlay, the building sits midblock with excellent street visibility and steady foot traffic. The property includes a basement and backyard space, ready for a new owner to upgrade and reposition. This prime Williamsburg location offers unmatched convenience with top-tier dining, shopping, and cultural destinations steps away, while maintaining strong transit connections to Manhattan and surrounding Brooklyn neighborhoods. Whether seeking a value-add investment or a flagship property in one of Brooklyn’s most sought-after corridors, 296 Grand Street presents limitless potential. Sale and lease are subject to court approval. No offers will be considered accepted until a formal contract of sale or lease agreement is fully executed.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,000 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,000,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,348 SF

ZONING

R6B, R6

APN/PARCEL ID

02395-0011

ASK ABOUT THIS PROPERTY

Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

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Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

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