900 Grand St
Brooklyn, NY 11211
Williamsburg
HIGHLIGHTS
- Retail Owner-User: 56% of the property will be delivered vacant, presenting unique opportunity for an owner-user to build out a significant presence
- Live / Work Owner-User: There is a free market 6 BR/3 BTH apartment on the second floor, located next to 2 vacant commercial loft spaces
- Retail Cashflow Plus Upside: Three retail spaces on Waterbury St (29% of ground floor) have current leases in-place averaging $51/SF
- Available / Unused Air Rights: The property benefits from 7,400 BSF in unused air rights for commercial use (M1-2)
- Transportation Accessibility: The Grand Street L-train stop is one block away, providing convenient access to Bedford Avenue and Union Square
- Significant Owner-User Frontage: Vacant units total 150 feet of frontage along Grand Street, plus an additional 44 feet on Waterbury Street
FOR SALE DETAILS
PRICE
$11,950,000 USD
PRICE/SF
$529 USD /SF
# OF UNITS
11
PRICE/UNIT
$1,086,364
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
900 GRAND STREET
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1950
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,449 SF
ZONING
M1-2
APN/PARCEL ID
03019-0001
ASK ABOUT THIS PROPERTY
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914-584-7422
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914-584-7422
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