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Mixed-Use Building with Retail
For Sale
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706 Grand Street, Brooklyn, NY 11211

Four-story mixed-use building with vacant retail space and month-to-month residential units, plus a basement and backyard.

Property SizeContact for details
Days on Market125

Property Features for 706 Grand Street

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 6

Amenities

full basement
backyard
individual breaker boxes

Building Details

Stories 4
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Michael Tortorici · License #NY 401085153
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors

Investment Insights

Based on property information with market context.

706 Grand Street is a four-story mixed-use building featuring a retail component of approximately 1,400 square feet and six residential units. The residential unit mix consists of one 1-bedroom unit and five railroad 2-bedroom units. The residential units are on month-to-month leases, and the retail space will be delivered vacant.

The building includes a full basement and a backyard. The electricity has been recently upgraded, and each unit has individual breaker boxes. The property is located on Grand Street, a short two-block walk to the L train at Grand Street, with nearby businesses including The Grand Bar & Grill, Le Barricou, and Bushwick Country Club.

Key Highlights

  • 4‑story mixed‑use building with retail and 6 residential units (1 x 1‑bedroom, 5 x railroad 2‑bedroom)
  • Retail component is roughly 1,400 SF and will be delivered vacant
  • All residential units are on month‑to‑month leases

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Adult Day Care Auto Parts Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,318
Businesses Nearby

Demographics for 11211, NY

68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story mixed-use building with vacant retail space and month-to-month residential units, plus a basement and backyard.
Where is this mixed-use property located?
The property is located at 706 Grand Street Brooklyn, NY.
What are key features of this property?
This property features: 4‑story mixed‑use building with retail and 6 residential units (1 x 1‑bedroom, 5 x railroad 2‑bedroom); Retail component is roughly 1,400 SF and will be delivered vacant; All residential units are on month‑to‑month leases
(212) 544-9500 Call to check price and availability
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