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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

    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!

    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
    Services availability