#RLS11030734, Ari S Harkov, Listing office: Brown Harris Stevens Residential Sales LLC
Property details
About 347 Graham Ave
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!
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Ceiling Fan(s), Eat-in Kitchen, High Ceilings
- Total Bedroom Count: 5
- Heating: Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $4,200,000
- Annual Tax Amount: $6,732
- Tax Year: 2024
- Directions: Use Google Maps
- Year Built: 1901
- MLS Number: 868262
- MLS Name: ONEKEY2
- Office Name: Capri Jet Realty Corp
- Office Phone: (718) 388-2188
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 6/4/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,200,000
347 Graham Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 29, 2005 | Home Sold | $730,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $179,100 | $6,732 |
2023 | $158,280 | $6,351 |
2021 | $106,380 | $12,818 |
2019 | $67,320 | $6,267 |
2018 | $26,352 | $5,313 |
2017 | $26,064 | $5,073 |
History based on county public records data.
Nearby schools
6
P.S. 132 The Conselyea School
Public District KG-5
0.1 mi
•320 Manhattan Ave
1
P.S. 18 Edward Bush School
Public Magnet PK-5
0.3 mi
•101 Maujer St
6
P.S. 196 Ten Eyck School
Public Magnet PK-5
0.5 mi
•207 Bushwick Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $90,079. The majority of Brooklyn, NY residents have income between $100k-200k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 347 Graham Ave
The listing price of 347 Graham Ave property is $4,200,000.
The property 347 Graham Ave is a multi located in Brooklyn, New York, 11211.
Active Listing: 347 Graham Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 347 Graham Ave are: P.S. 132 The Conselyea School (GreatSchools Rating 6/10), P.S. 18 Edward Bush School (GreatSchools Rating 1/10), P.S. 196 Ten Eyck School (GreatSchools Rating 6/10), Conselyea Preparatory School (GreatSchools Rating 7/10), John Ericsson Middle School 126 (GreatSchools Rating 5/10), Middle School 582 (GreatSchools Rating 5/10), Progress High School for Professional Careers (GreatSchools Rating 2/10), East Williamsburg Scholars Academy (GreatSchools Rating 3/10), High School of Enterprise, Business and Technology (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $6,732 (source: MLS/based on county public records data).
The last sale was on June 29, 2005 for $730,000 (source: MLS/tax record).
The year of construction for 347 Graham Ave is 1901.
This home is located at 347 Graham Ave in Brooklyn, NY and zip code 11211 in the East Williamsburg neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $4,200,000.
Brooklyn, NY housing market in May 2025 saw over 37 listings sold above listed price, more than 227 sold at listed price and over 172 sold below. The number of homes for sale in Brooklyn, NY increased by 0.2% between April and May 2025. Listings spent 118 days on the market in May 2025, and had a median list price of $992,262 during the same period.