Exclusively offered by The Forray Team at The Corcoran Group, 739 Grand Street is a rare mixed-use investment opportunity in the heart of Williamsburg, Brooklyn. Situated on a prime stretch of Grand Street, this well-located property combines stable in-place residential income with meaningful commercial and long-term upside in one of Brooklyn's most active and supply-constrained corridors.
The building consists of six rent-stabilized studio apartments above a ground-floor retail space, creating an attractive blend of dependable residential tenancy and valuable retail potential. The residential unit mix offers efficiency and durability in a neighborhood known for consistent rental demand, while the commercial component adds flexibility for investors and end-users alike.
A major highlight of the property is the retail space, which is being delivered vacant. This presents a compelling opportunity for an investor to lease at market rent or for a user to establish a business in a highly visible Williamsburg location. The retail layout is especially appealing, featuring a fully vented kitchen, rear yard, and full basement, making it well suited for food, hospitality, service, or experiential retail uses.
The property contains approximately 6,030 square feet above grade and approximately 7,700 gross building square feet, and benefits from favorable Tax Class 2B treatment, supporting efficient long-term ownership economics. Located on an approximately 18' x 125' lot and zoned C4-4A, the building also offers approximately 2,970 square feet of additional development potential, with an estimated maximum buildable area of 9,000 square feet. This adds significant value for investors considering future expansion, repositioning, or long-term appreciation.
739 Grand Street is positioned in a highly active Williamsburg corridor surrounded by strong neighborhood retail, daily foot traffic, and excellent transportation access. Nearby anchors including the new Whole Foods Daily Shop at 774 Grand Street and Chase at Grand Street and Graham reinforce the area's strong consumer draw and convenience. The property is also conveniently located near the Lorimer Street / Metropolitan Avenue station complex, providing access to the L and G trains for easy connectivity throughout Brooklyn and into Manhattan.
Whether for an investor seeking a mixed-use asset with protected residential income, favorable tax treatment, and retail leasing upside, or for an end-user looking to secure frontage in a proven Williamsburg corridor, 739 Grand Street offers a rare combination of stability, flexibility, and long-term potential in one of Brooklyn's most desirable submarkets.
Active
Price cut: $200K (7/10)
$3,550,000
739 Grand St, Brooklyn, NY 11211
6beds
7,720sqft
Mixed Use
Built in 2005
-- sqft lot
$-- Zestimate®
$460/sqft
$-- HOA
What's special
Ground-floor retail spaceSix rent-stabilized studio apartmentsFull basementStrong neighborhood retailRear yardFully vented kitchenHighly active williamsburg corridor
- 100 days
- 216
- 6
Zillow last checked:
Listing updated:
Listed by:
Corcoran 914-804-7091,
Christopher Cavorti,
Mike Laurent
Source: StreetEasy,MLS#: S1830680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 7,720
- Total interior livable area: 7,720 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Balcony
- Has view: Yes
- View description: Garden
Details
- Parcel number: 027830038
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 2005
Community & HOA
Community
- Subdivision: Williamsburg
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $460/sqft
- Tax assessed value: $2,512,000
- Annual tax amount: $118,063
- Date on market: 5/28/2026
Estimated market value
Not available
Estimated sales range
Not available
$7,222/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $3,550,000-5.3%$460/sqft |
Source: StreetEasy #S1830680 Report a problem | ||
| 5/28/2026 | Price change | $3,750,000-6.2%$486/sqft |
Source: StreetEasy #S1830680 Report a problem | ||
| 5/14/2024 | Price change | $3,999,000-5.9%$518/sqft |
Source: StreetEasy Report a problem | ||
| 2/1/2024 | Price change | $4,250,000-5.6%$551/sqft |
Source: StreetEasy Report a problem | ||
| 11/1/2023 | Listed for sale | $4,500,000-9.8%$583/sqft |
Source: StreetEasy Report a problem | ||
| 8/4/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 12/12/2022 | Price change | $4,988,888-0.1%$646/sqft |
Source: StreetEasy Report a problem | ||
| 3/12/2022 | Listed for sale | $4,995,000+2223.3%$647/sqft |
Source: Nest Seekers International Report a problem | ||
| 11/10/1997 | Sold | $215,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $118,063 +7.5% | $1,130,400 -20% |
| 2024 | $109,872 | $1,413,000 +7.7% |
| 2023 | -- | $1,311,750 +1.9% |
| 2022 | -- | $1,287,900 +6.2% |
| 2021 | -- | $1,212,750 +6.6% |
| 2020 | $32,101 +7.6% | $1,137,240 |
| 2019 | $29,828 | $1,137,240 +81.7% |
| 2018 | -- | $625,950 +0.6% |
| 2017 | $79,153 +190.1% | $622,323 +8% |
| 2016 | $27,284 | $576,225 +2.6% |
| 2015 | $27,284 +135.3% | $561,621 +8% |
| 2014 | $11,596 | $520,020 +8% |
| 2013 | -- | $481,500 +0.6% |
| 2012 | -- | $478,710 +8% |
| 2011 | -- | $443,250 -8.2% |
| 2010 | -- | $482,625 |
| 2009 | -- | $482,625 +1.9% |
| 2008 | -- | $473,850 +8% |
| 2007 | -- | $438,750 +200% |
| 2006 | -- | $146,250 |
Find assessor info on the county website







