INCOME GENERATOR!- LEGAL 2 FAMILY BUILDING WITH EXTRA WALK-UP UNIT IN THE HEART OF WILLIAMSBURG FOR SALE! $2,350,000.00
Located in the heart of Williamsburg, this charming property at 396 Graham Avenue offers a rare opportunity to own in one of Brooklyn’s most vibrant and sought-after neighborhoods.
This well-maintained two-family home with an additional walk-in apartment blends classic Brooklyn character with comfortable living space, featuring generously sized rooms, abundant natural light, and thoughtful layouts throughout.
Situated on an 18.75 ft x 75 ft lot and zoned R6A, this property offers both stable cash flow and future development upside. The lot dimensions and zoning present potential for future expansion.
The building consists of three 1-bedroom, 1-bathroom apartments, each featuring comfortable layouts with generous natural light. A spacious backyard offers valuable outdoor space, while a large upper-level balcony adds additional appeal for tenants or owner-occupants. Ideal for investors or end-users seeking rental income. Situated along the highly trafficked Graham Avenue corridor, this well-positioned building offers exceptional visibility and strong foot traffic.
Located just moments from neighborhood favorites, public transportation, and major thoroughfares, this property benefits from its proximity to the Graham Avenue retail strip, McCarren Park, and the L and G subway lines. Whether you're looking for a primary residence or an investment opportunity, this property delivers location, versatility, and long-term value. Don’t miss the chance to own in prime Williamsburg.
Perfect for:
• Buy-and-hold investors
• 1031 exchange buyers
• Value-add investors seeking rental growth
• Developers exploring R6A build potential (consult architect)
In contract
$2,350,000
396 Graham Ave, Brooklyn, NY 11211
3beds
--sqft
Multi Family
Built in 1901
-- sqft lot
$2,237,500 Zestimate®
$--/sqft
$-- HOA
What's special
Abundant natural lightGenerous natural lightSpacious backyardLarge upper-level balconyGenerously sized roomsThoughtful layouts throughoutComfortable layouts
- 155 days
- 87
- 1
Zillow last checked:
Listing updated:
Listed by:
Azure Realty NY LLC 646-856-9311,
Amanda Nunziato
Source: StreetEasy,MLS#: S1819656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: Inside
Features
- Has fireplace: No
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
- Has view: Yes
- View description: City, Skyline
Details
- Parcel number: 027500008
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Williamsburg
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,676,000
- Annual tax amount: $5,604
- Date on market: 4/2/2026
Estimated market value
$2,237,500
$2.13M - $2.35M
$5,342/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Pending sale | $2,350,000 |
Source: | ||
| 7/2/2026 | Contingent | $2,350,000 |
Source: StreetEasy #S1819656 Report a problem | ||
| 5/11/2026 | Price change | $2,350,000-4.1% |
Source: | ||
| 3/9/2026 | Listed for sale | $2,450,000-18.3% |
Source: | ||
| 11/21/2022 | Listing removed | -- |
Source: | ||
| 5/22/2022 | Listed for sale | $3,000,000+25.6% |
Source: | ||
| 9/21/2018 | Listing removed | $2,388,000 |
Source: Realty Executives Metro Report a problem | ||
| 4/6/2018 | Price change | $2,388,000-11.5% |
Source: Realty Executives Metro Report a problem | ||
| 3/15/2018 | Listed for sale | $2,699,000 |
Source: Realty Executives Metro Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,667 -0.5% | $100,560 -13% |
| 2024 | $5,693 | $115,620 -7.2% |
| 2023 | -- | $124,620 -2.4% |
| 2022 | -- | $127,680 -8.8% |
| 2021 | -- | $140,040 +23.3% |
| 2020 | $4,741 +0.8% | $113,580 |
| 2019 | $4,703 +0% | $113,580 +405.2% |
| 2018 | $4,703 +8.2% | $22,483 +5.4% |
| 2017 | $4,347 +19.7% | $21,324 +6% |
| 2016 | $3,631 | $20,118 +1.4% |
| 2015 | $3,631 +64.5% | $19,832 +0.8% |
| 2014 | $2,207 | $19,684 +5.1% |
| 2013 | -- | $18,736 +5.4% |
| 2012 | -- | $17,770 +6% |
| 2011 | -- | $16,765 +1.4% |
| 2010 | -- | $16,527 +0.7% |
| 2009 | -- | $16,404 +5.1% |
| 2008 | -- | $15,614 +5.4% |
| 2007 | -- | $14,809 +6% |
| 2006 | -- | $13,971 +1.4% |
| 2005 | -- | $13,773 +0.8% |
| 2004 | -- | $13,670 +5.1% |
| 2003 | -- | $13,012 +5.4% |
| 2002 | -- | $12,341 +6% |
| 2001 | -- | $11,643 +1.4% |
| 2000 | -- | $11,478 |
Find assessor info on the county website







