1. New York
  2. Brooklyn
  3. 347 Graham Avenue
$4,200,000

347 Graham Avenue, Brooklyn, NY 11211

  • 5 beds |
  • 2 baths |
  • 3,600 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,167/sqft
  • Property List Date Icon Listed 19 days ago

Property 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 ft Lot: 20 x 68.75 ft Zoning: R6A, R7A, C2-4 FAR: 2.62; Max FAR: 3 Taxes: $6,732/Yr Whether 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!

Listing Status:
Active
Listing Office:
Capri Jet Realty Corp : 718-388-2188
MLS ID:
868262
  • General: Ceiling Fan(s)Eat-in KitchenHigh Ceilings
  • Basement: Full
  • Flooring: Hardwood
  • A/C: Wall/Window Unit(s)
  • Heating: Natural Gas

This listing courtesy of Capri Jet Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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