388 Graham Ave

Introducing 388 Graham AvenueÂ….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 25Â’ X 75Â’ 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 20Â’ 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 7Â’+ ceiling height. Both units feature 8Â’+ 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!