79 Grand Street, Brooklyn, NY 11249
Vacant corner retail with 43 feet of frontage and over 10-foot ceilings plus finished below-grade space.
- Added:
- Jun 2, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 6 at 2:41 am
Property Features for 79 Grand Street
General Information
- Standard status
- Active
- Size
- 2,232 SF
- Property subtype
- Retail
Listing agent Maria D'Angelo License #10401242211
Listing office TerraCRG (718) 395-1877
Listing date Jun 2, 2026
Source Crexi
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 TerraCRG
HighLights
- Vacant corner retail at the highly visible intersection of Grand Street and Wythe Avenue in Williamsburg, Brooklyn
- 1,116 SF of vacant retail space with 43 feet of frontage on a prime retail corridor
- Over 10‑foot high ceilings in the retail space
- Includes an additional 1,116 SF of finished below‑grade space
- Two retail condominium units offered together (delivered vacant) for investor or owner‑user use
Overview
The property is located at the highly visible corner of Grand Street and Wythe Avenue in the heart of Williamsburg, Brooklyn. The corner configuration and frontage length are intended to support strong storefront presence along a prominent retail corridor within the neighborhood.
Available for sale as condominium retail, the units offer immediate flexibility for investors and owner-users since no tenant is in place at delivery. The offering also presents projected rents of approximately $150 per square foot, which can help prospective purchasers underwrite their preferred ownership structure and operating strategy based on the property’s existing, ready-to-use buildout.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $173.6k | $77.76 |
| − Vacancy | −$20.7k | −$9.25 |
| EGI | $152.9k | $68.51 |
| − OpEx | −$45.9k | −$20.55 |
| NOI | $107.0k | $47.95 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Gold Flowers — 153 Division Ave, Brooklyn, NY 11211
- Gratitude Leaves — 328 S 4th St, Brooklyn, NY 11211
- Castillo De Francisco — 297 Broadway, Brooklyn, NY 11211
- Life Like Floral Creations Inc — 347 Roebling St, Brooklyn, NY 11211
- Lia & Mia — 217 s 3rd st, brooklyn, ny 11215
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9925
- Latitude
- 40.6933
