Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2000
Building Area Gross
Number of units 71

Property description

JLL has been retained on an exclusive basis to represent the sale of The Brooklyn Grand, located at 284 Humboldt Street in Williamsburg, Brooklyn. The 8-Story, 64-Unit mixed-use elevator building offers residents top-of-the line amenities in one of the hottest neighborhoods in Brooklyn. It was also 2018’s Brooklyn Building of the year. The offering includes 213 Maujer Street, a 4-Story, 7-Unit residential building that shares amenities with 284 Humboldt Street.

Investment highlights

THOUGHTFUL & CUTTING-EDGE DESIGN

The Brooklyn Grand is a unique converted warehouse aesthetic with contemporary comfort, cultivating an experience unlike any other. The property boasts large, well-appointed units, perfect for working from home. The Property is perfectly positioned at the corner of Grand and Humboldt Street, capitalizing on the continuous growth and thriving market of Williamsburg. The well thought out and modern amenities placed throughout the Property offer the perfect place to live for people of all ages.

PREMIER LOCATION

Williamsburg offers residents Michelin-starred restaurants, various clubs and bars, and the pedestrian-friendly Grand Avenue retail corridor. Situated between the heart of Williamsburg and Bushwick, the exciting neighborhood caters to the demand from the influx of millennials and families in the area for the trendiest restaurants, culture, arts, and nightlife.

WELL-POSITIONED FOR RENT GROWTH

With nearly a 10% spread between legal and preferential rents, the Brooklyn Grand offers the opportunity to capture significant rent growth in the highly sought-after Williamsburg market.

SIGNIFICANT DEMAND

Due to the proximity to Manhattan and its top-of-the-line amenities, The Brooklyn Grand has capitalized on the increase of residential demand in Williamsburg. In addition, The Grand Street Retail Corridor is a significant value driver for potential commercial tenants.

STREAMLINED ACCESS TO MANHATTAN

The property is on the same block as the Grand Street L train, offering seamless access to Manhattan in less than 15 minutes for residents, commercial tenants, and their clients.

Last Updated Date: 18 Feb 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

JLL, together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 18 Feb 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.