www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31800926

949-951 Grand St, Williamsburg, NY 11211

MD
NY 10401264976
$7,000,000
49 days on market
Updated 49 days ago

949-951 Grand Street

Details
Property Type Mixed Use
Sub Type Multi
Square Footage 10,880
Units 15
Cap Rate 5.23%
NOI $360,000
Occupancy 100%
Price per SqFt $643
Buildings 2
Stories 4
Lot Size (SqFt) 5,236
Zoning M1 1

Mixed Use | 5.23% CAP | 10,880 SqFt

Marketing description

Introducing 949–951 Grand Street, a rare opportunity to acquire a two-building package in the heart of prime Williamsburg. Spanning over 10,800 square feet, this well-positioned asset features a total of 15 units, including a mix of residential apartments and ground-floor commercial spaces, offering a compelling blend of stability and upside potential.

The buildings are configured with a total of 13 residential units and 2 commercial units, creating diversified income streams in one of Brooklyn’s most dynamic neighborhoods. With a strong in-place income and additional room for growth, this property presents a unique opportunity for both long-term hold investors and value-add buyers seeking to capitalize on Williamsburg’s continued demand.

Positioned along Grand Street, residents and tenants benefit from immediate access to some of Williamsburg’s best dining, nightlife, and retail, along with convenient transportation options nearby. Surrounded by established and emerging developments, the location continues to attract strong residential and commercial demand, making this an ideal asset in a high-growth corridor.

This is a rare chance to secure scale, income, and long-term upside in one of Brooklyn’s most sought-after neighborhoods.

Listing Contacts

MD
NY 10401264976

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$360,000.00
$30,000.00/mo

Valuation Metrics

0
DSCR
5.14%
Cap Rate
5.14%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Michael DeSena
License
10401264976
Brokerage
NestSeekers
Brokerage Phone
3476516219
Title
Real Estate Salesperson
Brokerage Address
505 Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591