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$ 2,500,000
Est. payment | /mo
3 Beds
2 Baths
$ 2,500,000
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 496665
Bedrooms 3
Full Baths 2
Year Built 1910
Annual Tax Amount $4,454
Property Sub-Type Multi-Family
Property Description
873 Grand Street — Prime Williamsburg Two-Family with R7A/C2-4 Zoning
Positioned along Williamsburg's vibrant Grand Street corridor, 873 Grand Street presents a prime opportunity for investors and developers seeking both current income and long-term potential.
The property sits on an 18.75-by-100-foot lot, totaling approximately 1,875 square feet, within an R7A district with a C2-4 commercial overlay. The zoning allows for roughly 7,500 buildable square feet (to be independently verified), offering flexibility for future residential or mixed-use development. The existing two-family structure features well-proportioned interiors and an expansive private backyard that enhances its overall appeal and usability.
Surrounded by established residential and commercial properties, the location benefits from consistent demand, high visibility, and convenient access to transportation, dining, and neighborhood amenities. Whether held as an income-producing asset or redeveloped to its full potential, 873 Grand Street stands out as a strong, well-located investment in the heart of Williamsburg.
Positioned along Williamsburg's vibrant Grand Street corridor, 873 Grand Street presents a prime opportunity for investors and developers seeking both current income and long-term potential.
The property sits on an 18.75-by-100-foot lot, totaling approximately 1,875 square feet, within an R7A district with a C2-4 commercial overlay. The zoning allows for roughly 7,500 buildable square feet (to be independently verified), offering flexibility for future residential or mixed-use development. The existing two-family structure features well-proportioned interiors and an expansive private backyard that enhances its overall appeal and usability.
Surrounded by established residential and commercial properties, the location benefits from consistent demand, high visibility, and convenient access to transportation, dining, and neighborhood amenities. Whether held as an income-producing asset or redeveloped to its full potential, 873 Grand Street stands out as a strong, well-located investment in the heart of Williamsburg.
Location
State NY
County Kings (brooklyn)
Area Williamsburg
Rooms
Basement Full, Unfinished
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate, Tile
Heat Source Gas
Exterior
Exterior Feature Aluminum Siding, Brick
Amenities Available NONE
Roof Type Flat,Rubber
Handicap Access Yes
Building
Story 2
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Revived Residential
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