Introducing 388 Graham Avenue....an astonishing residential 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. The 3.0 FAR allows for 4,000+ SF to be added to the property. Its Tax Class 1 welcomes all users; 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!
Sold for $2,350,000
$2,350,000
388 Graham Ave, Brooklyn, NY 11211
5beds
2,838sqft
MultiFamily
Built in 1901
-- sqft lot
$2,657,600 Zestimate®
$828/sqft
$4,912 Estimated rent
Home value
$2,657,600
$2.29M - $3.08M
$4,912/mo
Zestimate® history
Owner options
List your home for rent
$4,912/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,912/mo
Rent Zestimate®
Refinance and save
$14,013/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$14,013/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Finished basement
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dryer, Washer
Interior area
- Total interior livable area: 2,838 sqft
Property
Lot
- Size: 1,875 sqft
Details
- Parcel number: 027500003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1901
Community & neighborhood
Location
- Region: Brooklyn
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $2,350,000+27%$828/sqft |
Source: Public Record Report a problem | ||
| 11/4/2021 | Sold | $1,850,000-2.4%$652/sqft |
Source: Public Record Report a problem | ||
| 7/14/2021 | Pending sale | $1,895,000$668/sqft |
Source: StreetEasy Report a problem | ||
| 6/10/2021 | Listed for sale | $1,895,000$668/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,990 -0.4% | $81,120 -15% |
| 2024 | $5,008 | $95,460 -18.5% |
| 2023 | -- | $117,120 -2.1% |
| 2022 | -- | $119,640 +13.7% |
| 2021 | -- | $105,240 +12.2% |
| 2020 | $4,436 +8.1% | $93,780 +12.1% |
| 2019 | $4,102 0% | $83,640 +326.4% |
| 2018 | $4,103 +8.7% | $19,615 +6% |
| 2017 | $3,773 +21.3% | $18,511 +6% |
| 2016 | $3,112 | $17,464 |
| 2015 | $3,112 +65% | $17,464 +0.8% |
| 2014 | $1,886 | $17,317 +5.9% |
| 2013 | -- | $16,346 +6% |
| 2012 | -- | $15,426 +6% |
| 2011 | -- | $14,554 |
| 2010 | -- | $14,554 +0.9% |
| 2009 | -- | $14,431 +5.9% |
| 2008 | -- | $13,622 +6% |
| 2007 | -- | $12,855 +6% |
| 2006 | -- | $12,129 |
| 2005 | -- | $12,129 +0.9% |
| 2004 | -- | $12,026 +5.9% |
| 2003 | -- | $11,352 +6% |
| 2002 | -- | $10,713 +6% |
| 2001 | -- | $10,108 |
| 2000 | -- | $10,108 |
Find assessor info on the county website
Neighborhood: Williamsburg
Nearby schools
GreatSchools rating
- 7/10Ps 132 The Conselyea SchoolGrades: PK-5Distance: 0.1 mi
- 6/10John Ericsson Middle School 126Grades: 6-8Distance: 0.3 mi
- 2/10Progress High School for Professional CareersGrades: 9-12Distance: 0.4 mi
- New York
- Kings County
- New York
- 11211
- Brooklyn
- Williamsburg
- 388 Graham Ave

