702 Grand St
Brooklyn, NY 11211
Retail Property For Sale

Amazing X-LG Brick Mixed-Use 6 Family + Store in Williamsburg! This building sits on a large lot in one of the prime commercial corridors of Williamsburg surrounded by numerous shops, restaurants, bars, and night life. It has excellent location and high foot traffic. – 5 min walk to the Grand St L train – 4 Vacant Units at Closing – Full Basement and Backyard (both are currently used by restaurant) – Total: 11 Br, 6 Bath Commercial Unit: $5,000/mo 2L (2Br/1Bath) – $1,550/mo 2R (1Br/1Bath) – $700/mo 3L (2Br/1Bath) – Owner occupied/ Vacant at Closing (Potential Rent: $2,500/mo) 3R (2Br/1Bath) – Owner occupied/ Vacant at Closing (Potential Rent: $2,500/mo) 4L (2Br/1Bath) – $1,800/mo 4R (2Br/1Bath) – $1,650/mo Actual Rent: $188,400/Yr Expenses: $33,500/Yr RE Taxes: $13,148/Yr Actual CAP RATE: 6.19% Lot Size: 25 x 100 ft Building: 25 x 65 ft Zoning: C4-4A FAR: 2.6; Max FAR: 3.45 HUGE Potential for Growth! Call Javier Cortes TODAY for a Full Set Up! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.