475 GRAND STREET HOLDINGS LLC paid $4M to GRAND 475 LLC

475 GRAND STREET HOLDINGS LLC paid GRAND 475 LLC $3.6 million for 1 parcel, including the tax class primarily two family with store or office (S2) and containing 2 residential units at 475 Grand Street in Williamsburg. The deal closed on June 26, 2019 and was recorded on July 17, 2019. The parcel(s) have total development potential of 11,603 square feet.
The average sale price per square foot is $506.

The last time the property sold was November 15, 2017, for $2,250,000.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel.There has been one new building permit application totaling 6,393 square feet. Those plans include a total of 8 residential or hotel units. There has been one demolition project filed for the parcels over the past five years. The demolition included 2 residential units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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