Introducing 388 Graham Avenue....an astonishing residential 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. The 3.0 FAR allows for 4,000+ SF to be added to the property. Its Tax Class 1 welcomes all users; 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!
Sold for $2,350,000 on 12/31/24
$2,350,000
388 Graham Ave, Brooklyn, NY 11211
5beds
2,838sqft
MultiFamily
Built in 1901
-- sqft lot
$2,475,600 Zestimate®
$828/sqft
$5,753 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dryer, Washer
Interior area
- Total interior livable area: 2,838 sqft
Property
Lot
- Size: 1,875 sqft
Details
- Parcel number: 027500003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1901
Community & neighborhood
Location
- Region: Brooklyn