614 Grand Street - Map blueView Map

For Sale - Brooklyn - South Williamsburg

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Property Details:

Price: $3,200,000

Estimated Annual Income: None Provided

Property Type: Mixed Use

Lot Dimensions (ft): 22.5 x 100.0

Lot Area: 2,250 sq. ft.

Building Dimensions (ft): 22.5 x 55.0

Building Area: 3,714 sq. ft.

Zoning: C4-4A

Building:

Block/Lot: 02786/0023

BIN: 3069535

Building Class: S2

Stories: 3

Total Units: 3

Corner Lot: No

Buildings on Lot: 1

Year Built: 1920

Landmark: none

Has Garage: no

Year Last Altered: n/a

Residential Units: 2

Residential Area: 2476 sq. ft.

Floor Area Ratio:

Max FAR: 4.0

Useable Floor Area: 3,714 sq. ft.

FAR as Built: 1.65

Neighborhood:

Neighborhood: South Williamsburg

Historic District: n/a

Community District: 301

School District: 14

Census Tract: 503

614 Grand Street

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a mixed-use building located at 614 Grand Street in Williamsburg, Brooklyn. The subject property comprises two, floor-through, free-market apartments above a vacant commercial space. The retail includes a full basement with good ceiling heights. The second floor apartment is leased through March of 2018 and the third floor apartment is leased on a month-to-month basis. With the potential for full vacancy in the short term, the property also offers an attractive mixed-use development opportunity with the ability to utilize 7,762 SF of development rights on one of the neighborhood’s burgeoning retail corridors. To the west, Grand Street connects with downtown Manhattan by way of the Williamsburg Bridge. 614 Grand Street is ideally positioned within 5 blocks of the combined Metropolitan Ave G / Lorimer St L train station and less than 10 blocks from the J M Z train station at Marcy Avenue.