For Sale For Rent
Advertise
bedrooms
bedrooms
4
bathrooms
bathrooms
2
square feet
square feet
3,780
acreage
Acreage
0.0
open houses
Open Houses
-
year built
year built
-
full baths
Full Baths
2
half baths
Half Baths
0
Exceptional Investment Opportunity or Owner-Occupied Gem Presenting a prime opportunity for investors or owner-occupants seeking a low-maintenance, income-generating asset in the heart of Williamsburg. Nestled between Bedford and Berry, 155 Grand St is a fully-occupied, mixed-use property featuring two spacious, floor-through residential units and a high-end retail space. Located along one of Williamsburg s most coveted retail corridors, this building is poised for strong returns. The building is 100% leased, housing a high-end jeweler on the ground floor and two residential units with leases set to expire at the end of 2025. An investor can easily capitalize on the opportunity to unlock below-market rents, achieving a 5-6% cap rate immediately. Alternatively, an owner-occupant can enjoy the benefits of rental income while residing in one of the spacious lofted apartments, offsetting monthly carrying costs. Property Features: Retail: Prime showroom space with a half-bath Apt 1: 2 bedrooms, 1 bath with a private outdoor terrace (over 200 SF) Apt 2: 2 bedrooms, 1 bath with an office/den Basement: Shared with retail tenant and owner Note: All units are floor-through for maximum privacy and light. Boasting high foot traffic from both locals and tourists, this property is conveniently located near top shopping destinations, renowned restaurants, and key Williamsburg attractions. Public transportation is easily accessible with nearby bus and subway lines, including the L, J, Z, M, and G trains. As the area continues to thrive with new developments and increasing demand, this cash-flowing asset is positioned for long-term appreciation.
Location
Subdivision -
County Kings
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 11433724
Listing agent: Jerica Lam
Listing broker: Compass
Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Sunday, March 9 2025 at 8:46 a.m. EDT
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