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.