711-717 GRAND STREET BROOKLYN...BROOKLYN Development Opportunity ••• FOR SALE THE NEW STANDARD...
Transcript of 711-717 GRAND STREET BROOKLYN...BROOKLYN Development Opportunity ••• FOR SALE THE NEW STANDARD...
OVERVIEW
The Carson Alexander Team at Triplemint has been
exclusively retained to arrange for the sale of 711-717 Grand
St. This prime development opportunity is comprised of
two existing structures on the north side of Grand Street in
between Graham and Manhattan Avenue. Only two blocks
from the Grand St L Train Station, and an 8-minute walk from
the Metropolitan G-Train Station, the property is just a short
trip to Manhattan. This property features fifty feet of frontage
on Grand Street, a popular strip of development where most
projects have been built on lots half the size.
An opportunity years in the making... available now.
PROPERTY HIGHLIGHTS
CARSON ALEXANDERLICENSED REAL ESTATE SALESPERSON
Copyright ©2019 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room
count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect, or zoning expert. If your property is currently listed with another real estate broker, please disregard this offer. It is not our intention to solicit the offerings of other real estate brokers. We cooperate with them fully.
Block/Lot: 2782/30
Lot Dimensions: 50’ x100’
Lot Size 5000
Zoning: C4-4A (R7-A equivalent)
FAR:3.45 or 4.6 with
inclusionary*
Total Buildable SF: 17,250 // 23,000*
Taxes (‘17/’18): $4,835
711-717 GRAND STREETBROOKLYNDevelopment Opportunity
•••
FOR SALE
THE NEW STANDARD OF REAL ESTATE
ASKING PRICE
$5,999,000
220 WEST 42ND STREET, 22ND FLOOR
NEW YORK, NY 10036
WWW.TRIPLEMINT.COM
Copyright ©2019 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room
count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect, or zoning expert. If your property is currently listed with another real estate broker, please disregard this offer. It is not our intention to solicit the offerings of other real estate brokers. We cooperate with them fully.
2018 EXPENSES
Taxes $7,174
Utilities $8,863
Insurance $3,786
Water $1,384
Repairs $2,755
Maintenance $3,346
Total Annual Expenses
$27,308
2018 Net Operating Income
$196,991
Map data ©2019 GoogleReport a map error
711-717 GRAND STREETBROOKLYNDevelopment Opportunity
•••
FOR SALE
THE NEW STANDARD OF REAL ESTATE
CARSON ALEXANDERLICENSED REAL ESTATE SALESPERSON
220 WEST 42ND STREET, 22ND FLOOR
NEW YORK, NY 10036
WWW.TRIPLEMINT.COM
711-717GRAND STREET