Delshah Capital is expanding its Williamsburg footprint with the purchase of two mixed-use residential buildings on Grand Street for $85.3 million. Michael Shah’s firm snapped up 456 Grand Street for $39.5 million, the firm announced. The six-story 75,000-square-foot property includes 52 apartments, two retail spaces and a 50-space parking garage. The seller, Bronstein Properties, bought the building in 2018 for $43 million, according to property records. It has a 421-a tax abatement through 2030. The site was developed in 2015 as part of the city’s PlaNYC Brownfield Cleanup Program. Delshah also bought 227 Grand Street, a mixed-use property with 41 […]
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