Status: Available

155 Grand Street, #

Williamsburg

$4,150,000
 |  0SF

Description

Prime Flagship Retail & Mixed-Use Property for Sale. Located in North Williamsburg's Highest Priced Retail and Residential Corridors. Introducing an extraordinary opportunity for ownership of 155 Grand Street, it defines "prime real estate" in Williamsburg. Nestled on Grand Street between Bedford Avenue & Berry Street, this prime retail location boasts some of the highest asking retail rents in North Williamsburg and Tops Brooklyn retail charts as well. As reported in the REBNY 2017 Summer report asking rents on Grand Street Averaged $125/SF. With no significant moderations to the property, the building can project an income performance North of 6.57% CAP RATE. It can be a lucrative addition to an ideal investment portfolio or the dream home for an end-user. Existing Building & Property Features: Current Zoning is R6B, C2-4. Set on a 21' X 75' lot, the existing 3-story full-masonry building is ~ 4,000 SF above grade. A full-height cellar offers an additional ~ 1,575 gross SF. It currently consists of 3X income-producing units: The vacant ground floor retail space boasts soaring 10'+ ceiling height, HVAC and charming exposed brick. The 2nd floor unit is an oversized 2 bed/1 bath with large outdoor terrace and a loft-like layout. ...
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Property Details

  • other

Amenities

  • No Pets Allowed
  • Pre-War Building

The Neighborhood

WILLIAMSBURG
Clinton Hill

A former artists’ enclave, Williamsburg is an ultra-trendy neighborhood in Brooklyn that draws the young and the fashionable from around the world.

Known for being the birthplace of NYC’s hipster movement and its close proximity to Manhattan, Williamsburg has become one of the most desirable neighborhoods in Brooklyn. The old factories from its industrial past have been converted into gorgeous lofts; luxury high-rises with stunning Manhattan views line the waterfront; and boutique condos are mixed among townhouses and old tenement buildings. While the neighborhood continues to evolve wit ... read more

Agents representing 155 Grand Street, #

David Soltero

Licensed RE Salesperson

917-974-0431

Licensed RE Salesperson
dsoltero@brickandmortar.com
917-974-0431

B&M Sales

Licensed RE Salesperson

718.599.0869

Licensed RE Salesperson
sales@brickandmortar.com
718.599.0869

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