
347 Graham Ave Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $22,182/month
Highlights
- Wood Flooring
- 1-minute walk to Graham Avenue
- Eat-In Kitchen
- P.S. 132 The Conselyea School Rated A-
- High Ceiling
- Ceiling Fan
About This Home
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 Agent
Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301212398 Listed on: 05/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,732
Year Built
- Built in 1901
Lot Details
- 1,375 Sq Ft Lot
Home Design
- Triplex
- Frame Construction
Interior Spaces
- High Ceiling
- Ceiling Fan
- Wood Flooring
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Schools
- Ps 132 Conselyea Elementary School
- Lyons Community Middle School
- Progress Hs-Professional Careers High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $6,732 | $215,940 | $11,940 | $204,000 |
2024 | $6,732 | $179,100 | $11,940 | $167,160 |
2023 | $6,422 | $158,280 | $11,940 | $146,340 |
2022 | $6,244 | $124,260 | $11,940 | $112,320 |
2021 | $6,409 | $106,380 | $11,940 | $94,440 |
2020 | $3,097 | $67,320 | $11,940 | $55,380 |
2019 | $5,843 | $58,560 | $11,940 | $46,620 |
2018 | $5,372 | $26,352 | $6,450 | $19,902 |
2017 | $5,313 | $26,064 | $6,843 | $19,221 |
2016 | $5,074 | $25,380 | $7,991 | $17,389 |
2015 | $2,966 | $24,673 | $9,317 | $15,356 |
2014 | $2,966 | $23,277 | $10,551 | $12,726 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | Price Changed | $3,999,000 | -4.8% | $1,111 / Sq Ft |
05/28/2025 05/28/25 | For Sale | $4,200,000 | -- | $1,167 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $730,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $400,000 | Commercial | |
Previous Owner | $200,000 | Commercial |
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Source: OneKey® MLS
MLS Number: 868262

APN: 02759-0027
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