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Area Size
NOI Net Operating Income N/A
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Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Building Area
Land Area ()

Property description

JLL has been retained on an exclusive basis

on 415 Degraw Street, three-story residential

building conversion opportunity.

Investment highlights


This building is delivered as a perfect rental or

condominium conversion candidate. With a combination of

original details, high ceilings, and potential amenity spaces,

this asset can create a unique residential product inspired

by its previous use.


This immaculately preserved prewar property is well

positioned to take advantage of top line rental or condo



The area is poised for growth with Increased residential

density, investments in open space and infrastructure, and

increased commercial and community facility space. The

property is located less than a block from the proposed

rezoning framework.


The entrance to the Carroll Street fg is three blocks away,

providing excellent connectivity with lower Manhattan.


415 Degraw Street is situated at the center of the vibrant

BoCoCa community. Named for the blend of influences

from neighboring Boerum Hill, Cobble Hill, and Carroll

Gardens, this area has a variety of premier retailers,

restaurants and leisure destinations. Due to the location

and the proximity to the transit, retail, and local attractions,

any resident would enjoy peaceful living, yet unmatched

convenience. 415 Degraw Street provides a buyer with an

opportunity to invest in a rapidly expanding neighborhood.

Last Updated Date: 18 Oct 2021

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Last Updated Date: 18 Oct 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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