Updated 9 days ago

452-454 Graham Ave

East Williamsburg, Brooklyn | Richardson Street & Frost Street

23 Rooms7 Beds6 Baths9,900 Square FeetDevelopment Site

$6,500,000
floors / apts4 / 4
Lot Size44'x75'
ZoneR6A
Building TypeLow-Rise
RE Taxes$15,000
Price Per SF
$657

Building Amenities

  • Voice Intercom

Property Description for 452-454 Graham Ave

Developers Dream!
Located in an incredible Double Lot Corner and in one the most vibrant neighborhoods in Brooklyn (Williamsburg) this mixed use residential and commercial building is a dream opportunity for all developers as well as all investors. The building is currently set as 4 income producing apartments and 2 commercial spaces. Take a walk down Graham Avenue and you find amazing restaurants, coffee shops, supermarkets and many wonderful boutique shops. The building is just a few blocks away from the neighborhoods' beloved McCarren Park. Convenient to all transportation including Graham Avenue subway station. R6A Zoning. REDEVELOPMENT OPPORTUNITY - POTENTIAL HIGH END RESIDENTIAL MIXED USE LOT - 13,200+ BUILD-ABLE SQ FT. BUILDING WILL BE DELIVERED VACANT.

Listing History for 452-454 Graham Ave

Now
01/31/2024
$6,500,000
Initial Price by Edgar Marquez
Douglas Elliman
Launch

Building Details for 452-454 Graham Ave

OwnershipDevelopment Site
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/4
Learn More About the Building

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: 94120TH