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.
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