$4,750,000

Estimated payment $26,248/month

Total Views 1,966
-- Bed
-- Bath
5,300 Sq Ft
$896 Price per Sq Ft

Highlights

  • 3,300 Sq Ft lot
  • Wood Flooring
  • 3-minute walk to Lentol Garden
  • P.S. 132 The Conselyea School Rated A-
  • Heating System Uses Steam

About This Home

THE PRICE IS INCLUDING THE PROPERTY NEXT DOOR AT 454 GRAHAM AVE. 44x75 LOT
SELLING AS A PACKAGE- This property as well as 454 Graham Avenue – Prime Corner Mixed-Use Building in Williamsburg, Brooklyn

Introducing a rare investment opportunity in the heart of vibrant Williamsburg – a semi-attached, mixed-use, 4-family corner property located at 454 Graham Avenue. Situated on a 44 x 75 lot, this unique property offers tremendous development potential with 9,900 buildable square feet in an R6A zoning district that allows for 100% lot coverage.

R6A zoning permits residential buildings to rise up to 70–75 feet high, enabling development up to 8 stories. Whether you’re looking to build new or hold as a cash-flowing asset, this property offers exceptional flexibility and upside.

The building currently consists of:

4 residential apartments
2 ground-floor commercial storefronts
2 parcels, offering excellent street exposure on a lively, high-foot-traffic corner

Located in one of Brooklyn’s most sought-after neighborhoods, this property is surrounded by cafes, shops, restaurants, and just minutes from public transportation. Perfect for developers, investors, or end-users looking to capitalize on the dynamic Williamsburg market. Don’t miss this exceptional opportunity to own and develop a prime corner asset in one of Brooklyn’s fastest-growing communities!

Listing Agent

Dan Dong

RE/MAX Edge Listed on: 06/04/2025

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,285

Year Built

  • Built in 1920

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 75 x 44
  • Property is zoned R6A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 5,300 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Concrete
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 2735

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $2,000
  • Insurance Expense $16,000
  • Utility Expense $600
  • Gross Income $240,000
  • Net Operating Income $200,115

Property Details

Property Type

Other

Est. Annual Taxes

$11,285

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished, Walk-in
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 3300
  • Building Length: 75.00
  • Building Width: 44.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: Richardson St
  • Cross Street Name2: Graham Ave
  • Gross Lease: 3
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Rent Income Period: 1
  • Fill Sq Ft Total: 5300
  • Building Stories: 2
  • Street Name I D X: Graham
  • Street Number I D X: 452
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Concrete, Hardwood, Tile
  • Lot Sq Ft: 3300

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 9
  • Roof: Flat

Utilities

  • Electric: 110 V, 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 75
  • Lot Size Width: 44
  • Zoning: R6A

Rental Info

  • Rent Income: 240000

Multi Family

  • Annual Gross Expense: 39385.00
  • Annual Gross Income: 240000
  • Insurance Expense: 16000.00
  • Miscellaneous Expense: 500.00
  • Property Net Operating Income: 200115.00
  • Unit Count: 6
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 11285.28

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,287 $348,750 $47,250 $301,500
2024 $11,287 $299,250 $47,250 $252,000
2023 $10,255 $276,300 $47,250 $229,050
2022 $9,471 $271,350 $47,250 $224,100
2021 $8,792 $255,600 $47,250 $208,350
2020 $8,940 $279,000 $47,250 $231,750
2019 $8,759 $239,760 $47,250 $192,510
2018 $0 $64,305 $15,207 $49,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $4,750,000 -5.0% $896 / Sq Ft
06/04/2025 06/04/25 For Sale $4,999,900 -- $943 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $900,000 --
Deed $900,000 --
Interfamily Deed Transfer -- American Title Ins Co
Interfamily Deed Transfer -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 Purchase Money Mortgage
Closed $185,000 Unknown
Closed $1,350,000 Purchase Money Mortgage
Previous Owner $125,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 493158

Brooklyn Board of REALTORS®

APN: 02735-0009