by RH Advisors

See Home Value
$5,375,000
Townhouse - Off Market

961 Grand Street

Brooklyn, NY 11211
bedrooms
Studio
bathrooms
0 Bath
$7,780,406
RealtyHop Estimate
44.75%
Since Dec 1, 2019
NY-New York
Primary Model

About This Property

An extraordinary opportunity to acquire 961 Grand Street AKA 350 Devoe Street in Williamsburg, Brooklyn. Home to Amerom Metal Works for the last quarter of a century, this rare property exhibits the generational history of a company embodying the American Dream.Set on 1/3rd  of an Acre/14,380 SF LOT with M1-1 Zoning in the property spans an enormous footprint from bustling Grand Street to Devoe Street.  The subject property currently consists of X3 unique commercial buildings including X1 39 tall, +/- 6,875 SF open Warehouse on the ground level with additional multi-leveled mezzanines.  Constructed with the beam & block method, the Warehouse offers a stable foundation for any type of heavy construction use.  The second building is an existing 3-story masonry structure with +/- 4,860 SF above grade, an additional +/- 1,375 SF full height finished basement and a detached +/- 690 SF garage.  The central beam added to each floor in this structure allows for unobstructed full-floor and optimized layouts. Lastly, a vast open ground/parking area totaling +/- 1,800 SF with a doublewide entrance provides access for large trucks and heavy equipment.Seize the Opportunity in Williamsburgs Future-Shaping Industrial Business Zone (IBZ). Suitable for all levels of use in an M1-1 Zone.  Please note all IBZ Zones are under study for a rezoning which could potentially lead to the doubling of the buildable square footage.  With this set of unique buildings on the property, the possibilities are limitless; ideal for everything from Manufacturing, Hospitality to Food and Beverage Uses.  The substantial building span allows for large venues or storage capabilities.  961 Grand Streets location is the perfect link between Williamsburg & Bushwick where Studios, Music Halls, and Large Venues mesh intimately with manufacturing and service businesses, resulting in a thriving and densely populated area. Do not miss out on this once in a lifetime Opportunity in realizing the Brooklyn Dream!
Unit Size
-
Days on Market
241 days
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1900
Last updated: 4 months ago (RLS #CORC-5688691)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold to 961 Grand Street Llc $5,375,000
Sold to 961 Grand Street Llc
Mar 30, 2019 Listed by Corcoran Group $5,375,000
Listed by Corcoran Group

Property Highlights

Garage
Parking Details
Has Garage
Exterior Details

Property Information

Year Built: 1900

Building Information

Pets Allowed: Building No

Land Information

Tax Lot: 0016
Tax Block: null


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$4,085,000 May 23, 2018
$4,085,000 Sep 21, 2018
-
Condo
1 Bed
1 Bath
-
$5,500,000 Jun 16, 2016
$5,500,000 Jun 16, 2016
-
Townhouse
9 Beds
9 Baths
-
$6,175,000 Aug 20, 2020
$6,175,000 Nov 19, 2021
-
Commercial
Loft
-
-
$4,988,888 Dec 9, 2022
-
$3,083/mo
Commercial
Loft
-
-
$5,000,000 Nov 18, 2022
-
$5,676/mo
Multifamily
5 Beds
3 Baths
-
$4,997,000 Feb 22, 2023
-
$317/mo
Multifamily
5 Beds
5 Baths
4,000 ft²
$1,499/ft²
$5,995,000 Dec 1, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190330
03/30/2019
Studio
-
-
$5,375,000
bedrooms
Studio
bathrooms
-
$5,375,000
11/26/2019
Christopher Cavorti
Corcoran Group

Building Info

961 Grand Street 961 Grand Street, Brooklyn, NY 11211
  • 1 Units
More about this Building
961 Grand Street
Want to find out who owns 961 Grand Street, Brooklyn, NY 11211? Get detailed property transactions here .

About Northern Brooklyn


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