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 1885.

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.

Property Details of 739 Grand Street, Unit Building

Property Details

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Listed by Eric Rivera and Michael DeSena of Nest Seekers LLC

Based on information submitted to REBNY as of May 20, 2022 12:49 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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