739 GRAND Street
$3,550,000
MLS# RLS20079703 · Williamsburg
Originally listed at $3,750,000. Price last reduced on July 8, 2026.
Listed March 26, 2026 · 230 days on the market
0 Beds 7 Baths 7,700 Sq.Ft.
About This Property
Exclusively offered by The Forray Team at The Corcoran Group, 739 Grand Street is a rare mixed-use investment opportunity in the heart of Williamsburg, Brooklyn. Situated on a prime stretch of Grand Street, this well-located property combines stable in-place residential income with meaningful commercial and long-term upside in one of Brooklyn's most active and supply-constrained corridors.
The building consists of six rent-stabilized studio apartments above a ground-floor retail space, creating an attractive blend of dependable residential tenancy and valuable retail potential. The residential unit mix offers efficiency and durability in a neighborhood known for consistent rental demand, while the commercial component adds flexibility for investors and end-users alike.
A major highlight of the property is the retail space, which is being delivered vacant. This presents a compelling opportunity for an investor to lease at market rent or for a user to establish a business in a highly visible Williamsburg location. The retail layout is especially appealing, featuring a fully vented kitchen, rear yard, and full basement, making it well suited for food, hospitality, service, or experiential retail uses.
The property contains approximately 6,030 square feet above grade and approximately 7,700 gross building square feet, and benefits from favorable Tax Class 2B treatment, supporting efficient long-term ownership economics. Located on an approximately 18' x 125' lot and zoned C4-4A, the building also offers approximately 2,970 square feet of additional development potential, with an estimated maximum buildable area of 9,000 square feet. This adds significant value for investors considering future expansion, repositioning, or long-term appreciation.
739 Grand Street is positioned in a highly active Williamsburg corridor surrounded by strong neighborhood retail, daily foot traffic, and excellent transportation access. Nearby anchors including the new Whole Foods Daily Shop at 774 Grand Street and Chase at Grand Street and Graham reinforce the area's strong consumer draw and convenience. The property is also conveniently located near the Lorimer Street / Metropolitan Avenue station complex, providing access to the L and G trains for easy connectivity throughout Brooklyn and into Manhattan.
Whether for an investor seeking a mixed-use asset with protected residential income, favorable tax treatment, and retail leasing upside, or for an end-user looking to secure frontage in a proven Williamsburg corridor, 739 Grand Street offers a rare combination of stability, flexibility, and long-term potential in one of Brooklyn's most desirable submarkets.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Corcoran Group.
Six studio apartments sit above a ground-floor retail space at 739 Grand Street, and the retail side comes with a fully vented kitchen, a rear yard and a full basement. That kind of back-of-house setup is hard to build later, so a food or service use has more to start from than an empty storefront would. The listing describes the retail space as delivered vacant.
The residential units have a washer and dryer in the unit, which means laundry happens without leaving the apartment. I think that's one of the more useful everyday details in a New York building. The listing also notes private outdoor space of over 60 square feet and a terrace, and a terrace that size gives you a place to sit outside without going far.
The L train is about 4 minutes on foot from Grand Street, and the G and L at Lorimer Street are about 10 minutes away. Martinez Playground is about 5 minutes on foot, and Bravo, a supermarket, is about 2 minutes away, so groceries are close.
Pets are allowed, and the building is smoke-free.
Quick answers+
Does the apartment have in-unit laundry?
Yes. There is a washer and dryer in the unit.
Is there private outdoor space?
Yes. There is private outdoor space of over 60 square feet and a terrace.
Are pets allowed?
Yes. The building allows pets and is smoke-free.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Home features
- Washer/dryer in unit
- Private outdoor space (over 60 sq ft)
- Terrace
Building amenities
Services and facilities
- Green building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$17,951 / month
- Principal and interest$17,951
Due at closing
- Down payment (20%)$710,000
- NYS “mansion tax” (1.5%)$53,250
- Mortgage recording tax (1.925%)$54,670
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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739 GRAND Street
Subway
- LGrand StAbout 4 min walk · Accessible
- LGraham AvAbout 5 min walk
- LMontrose AvAbout 9 min walk
- GLLorimer StAbout 10 min walk · Accessible
Parks
- Martinez PlaygroundAbout 5 min walk
- Ten Eyck PlaygroundAbout 8 min walk
- Cooper ParkAbout 9 min walk
Public schools · Elementary schools
- P.S. 18 Edward BushAbout 5 min walk
- P.S. 132 The Conselyea SchoolAbout 6 min walk
- P.S. 196 Ten EyckAbout 8 min walk
Middle schools
- M.S. 582About 8 min walk
- Brownsville Collegiate Charter School · CharterAbout 9 min walk
High schools
- Lyons Community SchoolAbout 4 min walk
- The Williamsburg High School of Art and TechnologyAbout 4 min walk
Colleges & universities
- Boricua CollegeAbout 19 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Williamsburg
Brooklyn's premier waterfront neighborhood with panoramic Manhattan views and a thriving creative lifestyle.
Walkability
9/10
Public transit
8/10
Schools
7/10
Dining
9/10
Groceries & parks
8/10
Schools in Williamsburg
A diverse range of school options with an expanding network of charter and community schools.
Private schools in the area include Williamsburg Northside School.
Gallery
Property Photos
Listing Courtesy of Corcoran Group
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.