347 Graham Avenue, Brooklyn, NY, 11211
$3,999,000
Misc
For Sale
5 Beds
, 2 Full Bath
Details
ML#: 868262
- # of Families: 3
- Year Built: 1901
- Taxes: $6,732
- Status:Active
Description
Prime 2 Family + Store Mixed-Use Investment Opportunity in the Heart of Williamsburg!Positioned just one block from the Graham Avenue L train station, 347 Graham Avenue offers an outstanding opportunity to own a rarely available mixed-use property in one of Brooklyn’s most sought-after retail corridors. With 2 full-floor apartments and a popular restaurant tenant in place, this asset is ideal for both investors and end-users.The key features are:- Unmatched Location: Steps from the Graham Ave L train, with 10, 000+ daily riders and surrounded by a high-density, high-income residential base. Graham Avenue sees steady foot and vehicle traffic, driven by thriving small businesses, boutiques, and nightlife.- Retail Tenant – “Mothers†(Through June 2026): Ground-floor retail is leased to Mothers, a well-loved local restaurant. The lease runs through June 2026, providing short-term flexibility or long-term stability depending on your investment goals.- Residential Flexibility: 2 large apartments (approx. 900 SF each) will be delivered vacant, offering strong rental upside or owner occupancy. One of them is 3BR/1BA and the other one is 2BR/1BA.- Zero Inventory on the Block: There are no other properties listed for sale on Graham Ave within 8 blocks, making this a rare opportunity to acquire a prime corner of Williamsburg’s retail spine.- Development Potential: Zoned R6A/R7A/C2-4 with 522 SF of unused FAR—expand or redevelop up to 4, 125 SF total.Building: 20 x 40 ftLot: 20 x 68.75 ftZoning: R6A, R7A, C2-4FAR: 2.62; Max FAR: 3Taxes: $6, 732/YrWhether you are an end-user looking to establish a flagship presence, or an investor seeking a low-supply, high-demand location, 347 Graham Avenue is a true Williamsburg gem.Don’t Miss This Great Opportunity!
More Property Details
Bedroom: 5
Full Bath: 2
Lot Sq Ft: 1375
Heat: Natural Gas
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $6,732
School District: Ps 132 Conselyea School
Listing Information provided courtesy of
Capri Jet Realty Corp
718-388-2188