445 Grand St - Loft/Creative Space FOR SALE


Brooklyn, NY 11211- Williamsburg
$4,495,000 USD
718-475-4382
445 Grand St, Brooklyn, NY for Sale
$4,495,000 USD
Loft/Creative Space - FOR SALE
1/27
null | 3.6% Cap Rate

445 Grand St
Brooklyn, NY 11211
Williamsburg


OVERVIEW

Prime Williamsburg Location – • Situated in one of Brooklyn’s most desirable neighborhoods, offering strong rental demand, low vacancy rates, and exceptional connectivity via L, G, J, M, Z subway lines and NYC Ferry. Residential Delivered Vacant Mixed-Use Asset with Upside – • Features 3 total units (2 residential, 1 commercial) with 4,875 SF and 7,125 buildable SF under M1-2/R6A, MX-8 zoning, providing additional development potential. Strong Financial Profile – • Offering Price: $4,495,000 • Price/SF: $922 | Price/Unit: $1,498,333 Tax Efficiency – Low annual property taxes of $6,717 (Tax Class 1).

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$922 USD /SF

CAP RATE

3.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1869

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

M1-2

APN/PARCEL ID

02387-0040

ASK ABOUT THIS PROPERTY

Shaun RineyMarcus & MillichapMore Info
718-475-4382

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Shaun RineyMarcus & MillichapMore Info
718-475-4382

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