by RH Advisors

See Home Value
$3,100,000
Townhouse - Off Market

345 GRAND Street #BUILDING

Brooklyn, NY 11211
bedrooms
4 Beds
bathrooms
7 Baths
$3,779,481
RealtyHop Estimate
18.11%
Since Oct 1, 2021
NY-New York
Primary Model

About This Property

Here is a rare opportunity to own a well-maintained, mixed use property on Williamsburg's most vibrant retail/restaurant corridor.  345 Grand Street consists of two bright and airy 2 bedroom apartments over a superbly designed and very successful destination restaurant.  345 Grand is a 'solid earner'; all tenants are current on rent.  Income Expense Sheet can be provided upon request. This prime location is a few blocks from the L train Bedford or Lorimer stop and the J, M, Z at Marcy Ave and moments away from Williamsburg's most desirable food, retail and lifestyle hot spots.

The main floor is currently occupied by one by one of  Williamsburg's most successful food and entertainment destinations.  The restaurant space is a unique and meticulously hand-crafted interior space with ample bar seating, a space for live entertainment and a charming garden area with real grape vines hanging from a pergola.  The fixtures, color scheme, tile work, antique lighting and finish carpentry were conceived and executed by one of Brooklyn's most renowned restaurant design pioneers whose work has appeared in countless magazine and online editorials.  Downstairs, there is a unique and romantic, antique wood clad additional dining area that seats 52 patrons.  This room truly makes you feel as if you've been transported to a wine cellar in the middle of Tuscany.  

The kitchen is fully equipped with prep stations, wash stations, a walk-in refrigerator, ice-maker, and a large grease trap in the basement. The building?s mechanicals are solid and well maintained with separate boilers and hot water heaters for the apartments and the restaurant.  

The 3rd floor apartment is a light-filled 2 bedroom configured in a desirable 'box' layout.  On the 2nd floor, there is very large, 2 bedroom, 2 bathroom apartment which was tastefully and thoughtfully designed. This apartment offers a gourmet kitchen with an island, along with a separate dining space. From there, step up into the living room which sits atop the building's extension. Sliding glass doors off the living room provide access to an actual secluded oasis, the beautiful terrace is perfect for gardening, year round outdoor entertaining and grilling.  There have been many high quality upgrades to the 2nd floor apartment including top shelf stainless steel kitchen appliances such as a Fisher Paykel refrigerator, white Italian carrara marble in the bathrooms, solid dark Brazilian cherry 5?? wide wood planks floors throughout. Special sound remediation material has been installed between the first and second floor so the 2nd floor apartment is shielded from any restaurant noise.

This property is 'turn key' - it doesn't need any major updating or renovation.  It's perfect and ready for the proper investor or investor/user.  Simply put, if you are looking for a solid earning, mixed use property located in prime Williamsburg, there just isn't anything on the market with the qualities and characteristics of 345 Grand Street.  Call us to set up a time to have a look for yourself.
Unit Size
-
Days on Market
419 days
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 3 months ago (RLS #CORC-6104419)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold $3,100,000
Sold
Dec 1, 2020 No longer available -
No longer available
Nov 18, 2020 Back on market -
Back on market
Nov 16, 2020 Temporarily off market -
Temporarily off market
Sep 14, 2020 Price Decreased $3,395,000
↓ $105K (3%)
Price Decreased
Show More

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 7

Room Information

Rooms: 12
Exterior Details

Property Information

Year Built: 1910

Building Information

Pets Allowed: Building Yes, No

Lot Information

Lot Size Dimensions: 100.0 x 22.0

Land Information

Tax Block: 2384


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4 Baths
-
$3,100,000 Aug 9, 2021
$3,100,000 Mar 24, 2022
-
House
4 Beds
3 Baths
-
$2,900,000 Jul 16, 2020
$2,900,000 Sep 16, 2020
-
Townhouse
4 Beds
3 Baths
2,800 ft²
$1,000/ft²
$2,800,000 Jun 5, 2022
$2,800,000 Jan 6, 2023
-
Townhouse
4 Beds
4 Baths
-
$2,600,000 Jun 18, 2018
$2,600,000 Dec 17, 2018
-
Multifamily
4 Beds
3 Baths
-
$2,999,000 Feb 1, 2016
- Feb 5, 2021
-
Condo
4 Beds
3 Baths
1,744 ft²
$1,577/ft²
$2,750,000 Aug 9, 2019
$2,750,000 Dec 17, 2019
$1,033/mo
Townhouse
4 Beds
4 Baths
-
$3,500,000 May 30, 2023
-
$655/mo
Condo
4 Beds
4 Baths
3,267 ft²
$1,056/ft²
$3,450,000 Jun 18, 2022
-
$6,672/mo
Condo
4 Beds
5 Baths
-
$2,950,000 Aug 16, 2021
-
$6,518/mo
Condo
4 Beds
3 Baths
-
$2,750,000 Sep 13, 2023
-
$3,742/mo
House
3 Beds
3 Baths
-
$2,750,000 Oct 11, 2023
-
$450/mo
House
3 Beds
3 Baths
-
$2,695,000 Jul 5, 2023
-
$325/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200725
07/25/2020
4 Bed
7 Bath
-
$3,500,000
bedrooms
4 Bed
bathrooms
7 Bath
-
-
-
Sarah A Adler
The Corcoran Group
20200722 Unit BUILDING
07/22/2020
4 Bed
7 Bath
-
$3,395,000
bedrooms
4 Bed
bathrooms
7 Bath
$3,199,999 -5.74%
09/14/2021
-
Sarah Adler
Corcoran Group
20141010 Unit 2
10/10/2014
2
2 Bed
2 Bath
2349 ft²
$3,850,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2349 ft²
-
-
-
-
-00011130 Unit 3F
11/30/-0001
3F
Studio
-
-
$1,625,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

345 Grand Street 345 Grand Street, Brooklyn, NY 11211
  • 3 Units
More about this Building
345 Grand Street
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About Northern Brooklyn


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