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)
100 days
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Zillow last checked:
Listing updated:
Listed by:
Azure Realty NY LLC646-856-9311,
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
Zestimate®
$2,236,800
Estimated sales range
$2.12M - $2.35M
Rent Zestimate®
$5,177/mo
Price history
Date
Event
Price
7/3/2026
Pending sale
$2,350,000
Source: OneKey® MLS as distributed by MLS GRID #965050Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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