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Off market
  • $2,355,400

    716 Grand St #A, Brooklyn, NY 11211

    12beds
    6,000sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $2,355,400 Zestimate®
    $393/sqft
    $4,728 Estimated rent

    What's special

    Opportunity is Knocking!!! Rare find lifetime investment property in the heart of one of NYC's most sought after neighborhoods, Williamsburg, Brooklyn and it is manifestly situated with 25 feet in frontage near the bustling intersection of Grand St., and Graham Ave. This building comprises of six rent stabilized "railroad style" two bedrooms residential units and two retail units. One apartment and possibly one store can be delivered vacant at closing. Current rent roll: $172,256/year; Expenses: $45,781. Projected cap rate 11%. Tremendous upside potential. Perfect for Investors and Owners/Users.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Interior area
    • Total interior livable area: 6,000 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Brooklyn
    Services availability