$2,350,000
Updated 2 years ago
Sold

388 Graham Ave

East Williamsburg, Brooklyn | Skillman Ave & Jackson Street

6 Rooms5 Beds2 Baths2,838 Square FeetMixed Use

$2,350,000
floors / apts2 / 2
Lot Size25'x75'
Built Size20'x35'
ZoneR6A
Building TypeTownhouse
RE Taxes$5,004
Price Per SF
$828

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Laundry Room

Property Description for 388 Graham Ave

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!

Listing History for 388 Graham Ave

Now
12/11/2024
Sold and Closed by Evan F. Church
Corcoran
12/11/2024
$2,350,000
Initial Price by Evan F. Church
Corcoran

Building Details for 388 Graham Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Graham Av
0.12 miles
Lorimer St
0.34 miles
Grand St
0.35 miles
Metropolitan Av
0.44 miles

Citi Bike

Graham Ave & Withers St
0.06 miles
Graham Ave & Conselyea St
0.07 miles

Contact Agents

Contact Agents

Evan Church
Corcoran
Marvin Chu
Corcoran

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: 81452TH