Gabatar da 697 Grand Street - Wani gini mai hawa 3, 8420 SF mai amfani da yawa a tsakiyar mai cike da ci gaban East Williamsburg. Yana da fuska sama da 25' a wannan madaidaicin hanya, wannan dukiyar tana bayar da wata dama ta musamman don mallakar wani abu mai dorewa, wanda ke samar da kudaden shiga, tare da babbar dama a cikin gina da canza matsayin kasuwa kyauta. An gina shi a 2005 tare da ginin karfe da còmmon, a cikin yanayi mai kyau, tare da raka'a 4 na zama da wani wuri na kasuwanci 1. Gidajen suna da fili 900SF kowanne, an tsara su azaman raka'a 2 ɗakin kwana/1 wanka, tare da manyan girma da sabbin kayan kammalawa. Kowanne raka'a yana da nasa na'urar dumama ruwan zafi, kuma an auna ta daban don iskar gas da wutar lantarki, wanda ke rage farashin mallakar. Wurin kasuwanci yana tafiya duka fadin ginin, tare da cikakken faffadan taga a kan Grand Street, har ma da katangar ƙasa da wurin baya mai bude. Babban dama tare da >4500 SF na wurin gina, da kuma wurin da ya dace a bene na biyu don ƙirƙira. Rahoton haraji na 421A yana ƙarewa a 2033, yana kawar da dokokin mallakar kasuwa kyauta, da kuma karuwar haya mai ƙarfi. Kayan haraji na 2A da ake so yana tabbatar da kasafin kuɗi mai ɗorewa da ake iya hasashen. Wurin akwai tashar mai kyau a East Williamsburg, mintuna daga duka Graham Avenue da Grand Street "L" tashoshin jirgin ƙasa, tare da bunƙasa zama da ci gaban kasuwanci a kowane ɓangare. Hanyar keke mai fadi sau uku da aka kare a jikin hanya.

MUHIMMAN HANYOYIN KUDIN HANO
Wurin mai kyau na Grand Avenue (Graham/Powers St) tare da >25' fuska
An gina a 2005 tare da ginin karfe/còmmon
Na'urorin dumama ruwan zafi masu zaman kansu & auna iskar gas/wutar lantarki ga kowanne raka'a
>4500 SF na gini
Rahoton haraji na 421A yana ƙarewa a 2033
Dama ga 6.5% Cap Rate tare da hayar kasuwa kyauta
Kayan haraji na 2A da aka kare

Girman fili: 26 ft X 125 ft
Fili SF: 3,238
Girman gini: 25.83 ft x 96.12 ft
Ginin SF: 8,420
Ginin Mai Amfani da Yawa
Raka'a 4 na zama. Wuri 1 na kasuwanci
FAR na yanzu: 2.60
FAR: 4
Wurin gina: 4533 SF

Introducing 697 Grand Street - A 3 story, 8420 SF mixed use building in the heart of thriving East Williamsburg. Boasting over 25' of frontage in this super-prime corridor, the property presents a rare opportunity to acquire a stable, income producing asset, with tremendous upside in its buildability and conversion to free market status. Solid 2005 build with steel & masonry construction, offered in excellent condition, with 4 residential units and 1 commercial space. The apartments are 900SF each, configured as 2 bedroom/1 bath units, with large proportions and modern finishes. Each unit has its own hot water heater, and is individually metered for gas and electric, keeping ownership costs to a minimum. The commercial space runs the full span of the building, with full glass frontage along Grand Street, plus basement and open back lot area. Massive potential with >4500 SF of buildable area, and an ideal setback on the second floor to create. The 421A tax exemption expires in 2033, deregulating the property to free market status, and robust rent growth. Desirable 2A tax class ensures a stable, predictable budget. Exceptional East Williamsburg location, minutes from both Graham Avenue and Grand Street "L" subways, with flourishing residential and commercial development in every direction. Triple-wide sidewalk and protected bike lane directly outside.

INVESTMENT HIGHLIGHTS
Superb Grand Avenue (Graham/Powers St) location with >25' frontage
Built in 2005 with steel/masonry construction
Separate hot water heaters & gas/electric meters for each unit
>4500 buildable SF
421A Tax abatement expires in 2033
Upside to 6.5% Cap Rate with free market rents
Protected 2A Tax Class

Lot dimensions: 26 ft X 125 ft
Lot SF: 3,238
Building dimensions: 25.83 ft x 96.12 ft
Building SF: 8,420
Mixed Use Building
4 Residential Units. 1 Commercial Space
Current FAR: 2.60
FAR: 4
Buildable Area: 4533 SF