As long as we’re rocking the side-by-side comparisons today, we thought it’d be interesting to take a look at these two similar properties. Both are three-story mixed use properties with a commercial space on the ground floor and two floors of residential. Clearly the commercial space in the Grand Press building in Williamsburg has more going for it (an expensive build-out, for one) and we suspect the building is a bit larger than the one on Court Street, but we’re not sure how to account for the $1.1 million price difference, even if the Court Street property is located at the far end of street. Thoughts?
284 Grand Street [Douglas Elliman] GMAP P*Shark
Court Street Live-Work [Brooklyn Bridge Realty]