THE NEW STANDARD OF REAL ESTATE
FOR SALE 711-717 GRAND STREET BROOKLYN
Development Opportunity ••• ASKING PRICE $5,999,000
PROPERTY HIGHLIGHTS OVERVIEW
Block/Lot: 2782/30 The Carson Alexander Team at Triplemint has been exclusively retained to arrange for the sale of 711-717 Grand Lot Dimensions: 50’ x100’ St. This prime development opportunity is comprised of two existing structures on the north side of Grand Street in Lot Size 5000 between Graham and Manhattan Avenue. Only two blocks from the Grand St L Train Station, and an 8-minute walk from Zoning: C4-4A (R7-A equivalent) the Metropolitan G-Train Station, the property is just a short
3.45 or 4.6 with trip to Manhattan. This property features fifty feet of frontage FAR: inclusionary* on Grand Street, a popular strip of development where most projects have been built on lots half the size. Total Buildable SF: 17,250 // 23,000* An opportunity years in the making... available now.
Taxes (‘17/’18): $4,835
CARSON ALEXANDER WWW.TRIPLEMINT.COM LICENSED REAL ESTATE SALESPERSON [email protected] 220 WEST 42ND STREET, 22ND FLOOR 512.658.8664 NEW YORK, NY 10036
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
THE NEW STANDARD OF REAL ESTATE Taxes $7,174
Utilities $8,863 FOR SALE Insurance $3,786
711-717 GRAND STREET Water $1,384 BROOKLYN Repairs $2,755
Development Opportunity Maintenance $3,346
••• Total Annual $27,308 Expenses
2018 Net Operating $196,991 Income
711-717 GRAND STREET
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CARSON ALEXANDER WWW.TRIPLEMINT.COM LICENSED REAL ESTATE SALESPERSON [email protected] 220 WEST 42ND STREET, 22ND FLOOR 512.658.8664 NEW YORK, NY 10036
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.