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388 Graham Ave., Brooklyn, NY 11211

$1,895,000
Active Listing
Listing Details:
$1,895,000 Price
Multi-Family Townhouse Property Type
Williamsburg Neighborhood
5 Beds
2 Baths
-- Approx. Sq. Ft.
$367 RET
Key Features:
Prewar
Unit Garden
Description:

Introducing 388 Graham Avenue….an astonishing residential & possible mixed-use opportunity, 2 blocks from the L Train! Invite your contractors, architects & engineers to unlock its full potential!

Set on a 25’ X 75’ semi-detached lot, the zoning is R6A with C2-4 commercial overlay. The 3.0 FAR allows for 4,000+ SF to be developed. Its Tax Class 1 welcomes both end-users and investors; the current annual taxes are only $4,410 per year!

The existing 20’ wide property is set up as a 2.5 story, 2 family townhouse with full-height basement spanning over 2,838 gross SF: a garden 2 bedroom-1 bath apartment and a full-floor 3 bedroom-1 bath duplex, with a formal dining & living room, plus a hidden treasure above ~ an attic with 7’+ ceiling height. Both units feature 8’+ ceilings, amazing light/dual exposure, and access to the backyard. The finished basement is utilized as a laundry room, workshop, playroom, and storage space.

Positioned in a prime residential and commercial sector in Williamsburg, the building is conveniently located a few blocks away from Graham L and Lorimer L/G Subway Stations. Proximate to McCarren and Cooper Park and surrounded by highly-acclaimed restaurants, bars, cafes, retail shops and local services!

Listing courtesy of The Corcoran Group

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