279 Grand St. Brooklyn, NY (btw Roebling and Havemeyer)Mixed Use 3 story building on the same block as Fred Perry, -321 Ice Cream, Paul Smith, Larry Lawrence, Mulhollands, Midway, M Shanghai, Caracas Arepa and Atlas Cafe.Lot size: 25x100 = 2,500 Sq. Ft. Building: 3,500 Sq Ft Commercial: 1,700 Sq Ft Residential: 1,800 Sq Ft Backyard: 800 Sq FtZoning: R6B, C2-4 overlayFAR: 2Air Rights: 1,500 Sq FtFloors: 3 (walkup)Neighborhood: WilliamsburgThe two residential floors consist of 4 great studios (2 per floor), recently renovated. The entire building will be delivered vacant. The first floor is an operating bar and is included in the deal. The liquor license is not included.The commercial floor would rent around $12,000 and the residential units for $9,000 providing a fantastic cap rate with additional potential from the air rights.This building is located in Prime Williamsburg on one of the most desirable streets in Williamsburg. It is located within walking distance to the following trains: 5 blocks to the Bedford Ave L train stop, 4 blocks to the G train Metropolitan and Lorimer L train stop, 6 blocks to the JMZ Marcy Ave stop.
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