739 Grand Street, Brooklyn, New York, 11211

739 Grand Street
Brooklyn NY 11211

EXCLUSIVE

Property

Ownership: Multi-Family
Type: Multi-Family
Rooms: 14
Bedrooms: 6 BR
Bathrooms: 8
Pets: Pets Allowed
Area: 7720 sq ft
Lot Size: 2250 sq ft

Financials

Price: $4,995,000
Annual Taxes: $32,000

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Michael DeSena
Licensed Real Estate Salesperson
Eric A Rivera
Licensed Real Estate Salesperson
Mobile: +13474018273
Michael Bethoney Esq.
Licensed Associate Real Estate Broker
Marina Kote
License Real Estate Salesperson
Yitzchak Khaimov
Licensed Real Estate Salesperson
505 Park Ave, New York, NY 10022

Description

739 Grand Street is a fully occupied, turnkey, 6-unit, mid-rise multi-family building perfect for investment. Standing four stories tall, the property features a nice unit mix of one large commercial/restaurant space and six (6) oversized studio units. These units boast high ceilings and oversized windows with ample sunlight. The sturdy exterior is constructed with iron steel beams, cement blocks and brick facade. Brand new Timberline roof was added in March 2021. The lot is 18×85.

The restaurant is approximately 1674 sq. feet with an additional 1674 sq. feet basement space for a total 3348 sq. feet. The basement offers ceilings which can be converted to an additional commercial property with proper permits and plans. Additionally, the restaurant has a spacious backyard. To maximize potential income there are air rights of up to 2 stories. The L train is a short distance away making this location a convenient one-fare trip into Manhattan.

Amenities

  • Back Yard
  • Balcony
  • Basement
  • Finished basement
  • Hardwood Floors
  • High Ceilings
  • Investment Property

Exposures

  • East
  • North
  • South
  • West

Neighborhood

More listings:

739 Grand Street-Multi Family Investment Property For Sale

Description

739 Grand Street is a fully occupied, turnkey, 6-unit, mid-rise multi-family building perfect for investment. Standing four stories tall, the property features a nice unit mix of one large commercial/restaurant space and six (6) oversized studio units. These units boast high ceilings and oversized windows with ample sunlight. The sturdy exterior is constructed with iron steel beams, cement blocks and brick facade. Brand new Timberline roof was added in March 2021. The lot is 18×85.

The restaurant is approximately 1674 sq. feet with an additional 1674 sq. feet basement space for a total 3348 sq. feet. The basement offers ceilings which can be converted to an additional commercial property with proper permits and plans. Additionally, the restaurant has a spacious backyard. To maximize potential income there are air rights of up to 2 stories. The L train is a short distance away making this location a convenient one-fare trip into Manhattan.

Amenities

  • Back Yard
  • Balcony
  • Basement
  • Finished basement
  • Hardwood Floors
  • High Ceilings
  • Investment Property

Exposures

  • East
  • North
  • South
  • West

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.