Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 4/30/2024 for $2,535,000

471 GRAND Street
Closed For Sale Multi Family

$2,535,000

$845 per sq ft

471 GRAND Street

Williamsburg,North, Brooklyn

MLS® #RLS10953566

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

3.5

Baths

3,000

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3 full, 2 half
Living Area 3,000 sq ft
Lot Size 1,781.25 sq ft
Year Built 1910
Ownership None
Property Taxes $3,300/yr
Neighborhood Williamsburg,North
Floor 1 of 3

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 2 Full, 2 Half
Floor 1 of 3
View Other
Pets Yes
Year Built 1910
Living Area 3,000 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,781.25 sq ft
Parcel # 02387-0029
Block/Lot 02387/0029

Description

Perfect for end-users and investors alike! Own an entire building in dynamic Williamsburg for much less than a condo and enjoy room to spare. Situated on vibrant Grand Street with easy access to restaurants, shops, amenities and public transportation in every direction, this light-flooded loft-like building offers two spacious residential apartments above a large storefront that flows out to a sensational garden. Not your typical cookie-cutter home, this is where old meets new in the way historic details like exposed brick, hand carved banisters and high ceilings meet with renovated kitchens and baths. A charming garden comes complete with old fashioned streetlights and bluestone pavers and awaits your next party, or perhaps will be home to the newest hotspot in town.

Perfect for an artist, musician or maker looking to work from home while also potentially showcasing their wares in the storefront; a savvy investor who sees the massive upside potential; or just a smart end-user looking to live for free while collecting rent from one or two floors. Well-maintained over the years by the current owner, this building is currently configured with a generous and deep storefront (delivered vacant and waiting to be white-boxed), a three-bedroom apartment on the second floor and a two-bedroom apartment on the top floor (both apartments also delivered vacant). Move right in as-is and enjoy a backyard from the common hallway, easy to be enjoyed by all residents should you so choose. And don't miss the finished English basement that includes a full bathroom and washer and dryer hookup, very easily transformed into a great gym, workspace or storage area.

The storefront is built extra deep and is just waiting the new owner to come to life in a myriad of ways such as a restaurant, gallery, woodshop, art or music studio. Situated on a sunny and convenient corner, you can be assured of great foot traffic exposure, easy access, and amazing square footage if you just want to work from home and take breaks in your oversized garden. Head upstairs to a luminous three-bedroom apartment that enjoys a renovated kitchen with granite countertops and stainless appliances, hardwood floors, high ceilings, and a renovated windowed bathroom with double marble vanity and glass enclosed shower. The top floor 2-bedroom apartment is an absolutely enchanting example of rustic modern style with its exposed brick walls, oversized skylight, and fully renovated kitchen with a subway-tiled wall, black granite countertop, split-layout, and the opportunity to add a deck off the kitchen on top of the deep extension on the bottom two floors. The cellar is clean and dry and features a classic Brooklyn black and white mosaic full bathroom, tiled floors, and is easily accessible from the common space and the storefront (depending on whether you want to rent it to a tenant or live upstairs and keep it for yourself). Tenants pay their own heat and electric with separate boilers in the basement. For the intrepid owner, there is also an additional 3000 SF of
air rights that can be utilized down the road. Built 19' wide on a 95' deep lot. Projected rents are: $5500 to $6000 for the storefront, $5800 for the three-bedroom and $5000 for the top floor 2 bedroom. Taxes are incredibly low at only $3297 per YEAR making this an even more incredible investment for anyone needing lots of space in Brooklyn's most exciting neighborhood.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit Fireplace (1)

Building Amenities

Green Building

Building Information

Total Units 3
Stories 3
Structure Townhouse

Financial Details

RE Taxes $3,300/yr ($275/mo)
Original Price $2,575,000
Sale Price $2,535,000
Previous Price $2,575,000

Explore real estate opportunities in Williamsburg,North, Brooklyn. Browse available apartments, condos, and co-ops with up-to-date listings and market data.

Williamsburg,North Live Market Data

View Neighborhood

Active Listings

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 3/5/26, 1:54 PM EST

Recently Sold in Williamsburg,North

View All

Location

Loading map...

471 GRAND Street, Williamsburg,North, Kings County

MLS® ID: RLS10953566
First Listed: 2/8/2024
On Market: 2/7/2024
Price Changed: 5/2/2024
Closed: 4/30/2024
Contract Date: 2/8/2024

Listing Courtesy of Corcoran Group - Deborah Lee Rieders

Listing Contact: (917) 494-2503

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/5/2026 at 6:54 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized — what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article
Call WhatsApp
Call Milton WhatsApp