facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

296 Grand Street

Edward Vays, Benjamin Smuk, Philip S. Green & Seth A. Green Acquire Mixed-Use Building In Williamsburg For $3.5M
SOLDMixed-use

Edward Vays, Benjamin Smuk, Philip S. Green & Seth A. Green Acquire Mixed-Use Building In Williamsburg For $3.5M

296 Grand Street

$3,500,000

$1,166/SF

Building Size

3,000 SF

Asset Type

Mixed-use

Closing

Feb 20, 2026

AI

A two-unit mixed-use building located at 296 Grand Street in Williamsburg, Brooklyn was sold for $3,500,000. The property encompasses a total square footage of 3,000, resulting in a price per square foot of $1,167.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Address: 296 Grand Street
  • Market: Williamsburg, Brooklyn
  • Square Footage: 3,000
  • Price Per Square Foot: $1,167
  • Buyer: Edward Vays, Benjamin Smuk, Philip S. Green & Seth A. Green

Edward Vays, Benjamin Smuk, Philip S. Green, and Seth A. Green acquired the property through 64 Schulyer LLC from the Blas family, marking a significant transaction in the local market.

Players

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93