711-717 GRAND STREET BROOKLYN...BROOKLYN Development Opportunity ••• FOR SALE THE NEW STANDARD...

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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

carson.alexander@triplemint.com512.658.8664

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