900 Grand St - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11211- Williamsburg
$13,000,000 USD
914-584-7422
900 Grand St, Brooklyn, NY for Sale
$13,000,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

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

OVERVIEW

Broker of Record Cory Rosenthal License No. 10991237833 (NY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

900 GRAND STREET

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

M1-2

APN/PARCEL ID

03019-0001

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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