855 Grand St - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11211- Williamsburg
$3,400,000 USD
212-729-7140
855 Grand St, Brooklyn, NY for Sale
$3,400,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

855 Grand St
Brooklyn, NY 11211
Williamsburg


HIGHLIGHTS

  • 100% Fair Market
  • Tax Class 1 Designation
  • 22 Feet of Retail Frontage & Over 4,000 SF of Additional Air Rights
  • Prime Williamsburg Location & Proximity to the L Train Subway Station
  • Tax Class 1 Designation 22 Feet of Retail Frontage Prime Williamsburg Location Meticulously Renovated Units
  • Fully Electric Building

OVERVIEW

Avison Young, as the exclusive agent, is pleased to offer for sale 855 Grand Street (the “Property”), a 3-story mixed-use walk-up building featuring 22’ of frontage on the north side of Grand Street between Olive Street and Bushwick Avenue in Williamsburg. The Property spans approximately 4,752 ± square and consists of two (2) residential units above one (1) ground floor retail space. The retail unit is occupied by Brooklyn Film Camera through 2027. The building is fully Fair Market and benefits from a protected Tax Class 1 designation, offering stable in-place income with long-term upside. 855 Grand represents an exceptional opportunity to acquire a fully renovated, income-producing asset in one of Williamsburg’s most active neighborhood corridors.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$2,267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

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

0.05 AC

LAND SF

2,178 SF

ZONING

R6, Brooklyn, (S2)

APN/PARCEL ID

02922-0046

ASK ABOUT THIS PROPERTY

Miles Davis-BoschAvison YoungMore Info
212-729-7140

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Miles Davis-BoschAvison YoungMore Info
212-729-7140

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