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!
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Unit Features

Pet Policy: No pets

$1,895,000

Listed on Jun 10, 2021

12 Days on Market

5 Beds / 2.0 Baths / - ft²

Total Monthly expenses: $368

Maintenance: - / R.E. Taxes $368

Other Details:

Two Family

Lot Size: 25.0' x 75.0' Built: 20.0' x 35.0'

Zoning: B1-9

Open House (Appointment only)

Wed Jun 23, 6:00 PM - 7:00 PM
Sun Jun 27, 12:00 PM - 1:30 PM

Exclusively listed with: The Corcoran Group Source: RLS

Evan F.
Church

evan.church@corcoran.com

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Chris
Cavorti

chris.cavorti@corcoran.com

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Listing Courtesy of The Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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