$1,699,000
Updated a month ago
Sold

163 Graham Ave

East Williamsburg, Brooklyn | Meserole Ave & Montrose Ave

Rental Property

$1,699,000
floors / apts5 / 6
Lot Size25'x100'
ZoneR6
Building TypeLow-Rise

This property was sold for $1,750,000 on 10/06/14.

Outdoor space and views

  • Backyard

Building Amenities

  • Video Intercom
  • Fitness Facility
  • Laundry Room
  • Roof Deck

Property Description for 163 Graham Ave

~ 163 GRAHAM Ave, WILLIAMSBURG NY 11206 ~ 2 FAMILY + STORE + BACK HOUSE, FINISHED BASEMENT & YARD! ***ASKING PRICE $1,699,000*** THIS PROPERTY HAS LOTS OF POTENTIAL! IT IS LOCATED JUST 2 BLOCKS TO THE L TRAIN AND FEATURES: - Ground Fl: STORE (4 more years left): $2000/mo. Projected rent $4500 - 2nd Fl: 4 BEDROOMS. NO LEASES $2000/mo. Projected rent $3500 - 3rd Fl: 4 BEDROOMS. NO LEASES $2000/mo. Projected rent $3500 - BACK HOUSE: 4 BEDROOMS NO LEASES $2000/mo. Projected rent $3500 - FINISHED BASEMENT - YARD ACTUAL YEARLY INCOME $96,000; PROJECTED YEARLY INCOME $180,000+ Specifics: Block & Lot 03052-0024; Building 25ft x 41.5ft; Lot 25ft x 100ft; FAR 1.25; MAX FAR 2.43; Zoning C1-3/R6 Expenses: Insurance $2000; Taxes $2475; Water $3200; Gas Heat $4000 THIS IS A MUST SEE! FOR MORE INFORMATION PLEASE CALL: ANGEL VASQUEZ (212) 518 7311 ROBERT NAPOLITANO (917) 225 7584 CAPRI JET REALTY (718) 388 2188

Listing History for 163 Graham Ave

Now
10/20/2014
$1,750,000
Sold and Closed by Robert Napolitano
Capri Jet Realty Corp.
03/20/2014
$1,699,000
Initial Price by Robert Napolitano
Capri Jet Realty Corp.

Building Details for 163 Graham Ave

OwnershipRental Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts5/6
Learn More About the Building

Transit and Citi Bike

Subway

Montrose Av
0.2 miles
Lorimer St
0.32 miles
Grand St
0.34 miles
Broadway
0.37 miles
Graham Av
0.49 miles

Citi Bike

Scholes St & Manhattan Ave
0.1 miles
Montrose Ave & Bushwick Ave
0.18 miles

Contact Agent

Contact Agent

Robert Napolitano
Capri Jet Realty Corp.

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 53615TH