12 Grattan St Brooklyn, NY 11206
For Sale
This exceptional mixed-use property, located at 12 Grattan Street in Brooklyn, NY 11206, presents a compelling investment opportunity. The building, constructed in 1931, boasts 2,500 square feet on a 0.06-acre lot (2,500 sq ft lot). Currently vacant, this property offers significant potential for a variety of uses, thanks to its M1-2 zoning. Its convenient location in Williamsburg, near major thoroughfares and cross streets like Bogart Street, ensures high visibility and accessibility. The property is situated in an Opportunity Zone, offering potential tax advantages. Annual property taxes are $16,571. Note that the adjacent property at 10 Grattan Street is also available for purchase, presenting the possibility of acquiring a larger contiguous holding. This is an ideal opportunity for owner-users seeking a prime location in a thriving Brooklyn neighborhood. The property's size and zoning make it suitable for a range of retail or other permitted uses. Serious inquiries are encouraged.
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Pine Box Rock Shop Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-2 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.