USANYNew YorkWilliamsburg551 Grand St
Listing image | Image 1

551 Grand St, New York, NY

House

For Sale

Listed price in listed location currency (USD).
$3,200,000

110

MLS® RLS20118609

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential
Size 3375 sqft
Garage 
Taxes $3,615
Days Active 6
Lot Size 2250 SF
Approx. Age 1920
Avg. Price Per Sqft $948
MLS® Number RLS20118609

Property Address: 551 Grand St, New York, NY, 10002-4282

Average square foot calculated using Size range provided by listing agent.

Description

Rare Williamsburg Mixed-Use Opportunity A unique opportunity to own a two-story mixed-use property in a prime Williamsburg location. Currently owner-occupied and used as a live/work arrangement, the property has no tenants in place and will be delivered vacant, offering exceptional flexibility for an end user, investor, or developer. It Features: – 1 Residential Unit – 1 Commercial Unit, currently used as the owner’s workspaces – Full Basement Current Layout: 1st Floor: Commercial Space 2nd Floor: 2 Bedrooms, 1 Bathroom, Living/Dining Room & Kitchen (Railroad Layout) Property Details: Lot: 22.5 × 100 ft 1st Floor: 22.5 × 100 ft 2nd Floor: 22.5 × 50 ft Total Building Area: Approx. 3, 375 sq ft Taxes: $3, 615.20/year* Zoning: R7A / C2-4 Maximum FAR: 4.0 Qualified Opportunity Zone Ideally located just moments from the G and L trains at Metropolitan Avenue–Lorimer Street, the property offers convenient access throughout Brooklyn and Manhattan. Bedford Avenue, McCarren Park, Whole Foods, Lidl, and Williamsburg’s abundance of restaurants, cafés, shops, and neighborhood amenities are all within easy reach. Grand Street continues to evolve, making this an especially compelling opportunity in one of Brooklyn’s most dynamic neighborhoods. Located within a Qualified Opportunity Zone and offering unused FAR, the property presents potential for expansion or future development, subject to zoning and applicable approvals. Whether envisioned as a distinctive live/work property, an income-producing mixed-use asset, or a development opportunity, this vacant building offers a rare combination of location, flexibility, and future potential. Please note that the current property tax bill reflects Enhanced STAR and Senior Citizen Homeowner exemptions/abatements.
MLS® NumberRLS20118609
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 1, 2026List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
551 Grand St, New York, NY

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