77-79 Grand St - Apartments FOR SALE


Brooklyn, NY 11211- Williamsburg
$1,600,000 USD
718-395-1877
77-79 Grand St, Brooklyn, NY for Sale
$1,600,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

77-79 Grand St
Brooklyn, NY 11211
Williamsburg


HIGHLIGHTS

  • 1,116 SF Total + 1,116 SF Below Grade
  • Prime Williamsburg Location
  • Delivered Vacant
  • 43 FT of Frontage on Grand Street
  • 10-11 FT High Ceilings

OVERVIEW

TerraCRG is pleased to exclusively represent ownership in the sale of two prime retail condominium units located at the highly visible corner of Grand Street and Wythe Avenue in the heart of Williamsburg, Brooklyn. The offering presents a rare opportunity to acquire 1,116 square feet of vacant retail space with 43 feet of frontage on one of New York City’s most dynamic and sought-after retail corridors. The space also has over 10ft high ceilings and has another 1,116 square feet of finished below grade space.  Delivered vacant, the units offer investors and owner-users immediate flexibility to capitalize on strong market fundamentals and exceptional neighborhood demand. With projected rents of approximately $150 per square foot, the property presents compelling rental potential in a market characterized by limited retail availability, strong consumer traffic, and continued residential and commercial growth. Positioned in prime Williamsburg, 79 Grand Street benefits from exceptional visibility and steady foot traffic driven by the neighborhood’s affluent residential base, thriving hospitality scene, and destination retail environment. The surrounding area is home to a curated mix of nationally recognized brands, boutique retailers, acclaimed restaurants, and luxury residential developments, making it one of Brooklyn’s premier retail destinations. This is a unique opportunity to acquire corner retail space in a supply-constrained submarket with long-term growth potential and strong underlying demographics.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$649 USD /SF

# OF UNITS

2

PRICE/UNIT

$800,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Retail Condos | Prime Williamsburg

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,487 SF

ZONING

R6A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew CosentinoTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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Matthew CosentinoTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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