630 Grand Street

Investment Overview

Avison Young, as the exclusive agent, is pleased to offer for sale 630 Grand Street (the “Property”), a 7-story, mixed-use elevator building located on the south side of Grand Street between Leonard Street and Manhattan Avenue in Williamsburg. The Property spans approximately 18,322 ± square feet and consists of twenty (20) residential units above one (1) ground floor retail unit. The retail unit is occupied by Fly Nails through 2030. 

Investment Highlights

• Fully amenitized building
• Located just 3 minutes to the Grand Street L train and 8 minutes to the Metropolitan Avenue G train
• 35-Year 421a tax abatement, expiring in 2058
• Mix of spacious one- and two- bedroom residences, many with private outdoor space
• Exempt from Good Cause Eviction
• Meticulously constructed units with no capital expenditures needed in the near future
• Fully Electric Building
• Surrounded by top dining, cafés, and nightlife, with McCarren Park only a short walk away