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    176 Graham Ave Brooklyn, NY 11206

    Sponsored
    For Sale
    $3,800,000

    Prime Brooklyn retail & residential building. High ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Williamsburg, Brooklyn property at 176 Graham Ave presents a lucrative investment opportunity. Priced at $3,800,000, this mixed-use building boasts a strong 5.95% capitalization rate and a substantial net operating income (NOI) of $210,549. The property comprises one retail space currently leased to a pizzeria generating $4,800 in monthly rent, and five fully deregulated residential units. Three of the residential units are three-bedroom apartments, each commanding $3,950 in monthly rent. The remaining two units are two-bedroom apartments, renting for $2,600 and $2,650 per month, respectively, and one additional two-bedroom unit renting for $2,800 per month. The building is in excellent condition and enjoys a highly desirable location in Williamsburg, offering convenient access to the G, L, J, and M subway lines. This presents significant potential for future growth and increased rental income. The strong tenant base and consistent cash flow make this a compelling investment for discerning buyers seeking a stable and appreciating asset in a vibrant Brooklyn neighborhood. All units are currently occupied. This is a rare opportunity to acquire a well-maintained, income-producing property in a prime location with significant upside potential.

    Property Features for 176 Graham Ave

    General Information

    Property type
    Retail properties

    HighLights

    • 1 Retail space and 5 fully deregulated residential units.
    • Excellent building condition.
    • Conveniently located near the G, L, J, and M subway lines.
    • Significant upside potential for rental income growth.
    • Strong rent roll with a pizzeria generating $4,800/month, three 3‑bedroom units at $3,950/month each, and two 2‑bedroom units at $2,600 and $2,650/month, plus one additional 2‑bedroom unit at $2,800/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chiara's Pizza Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9430348
    Latitude
    40.7077864

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    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn retail & residential building. High ROI.
    Where is this retail property located?
    The property is located at 176 Graham Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: 1 Retail space and 5 fully deregulated residential units.; Excellent building condition.; Conveniently located near the G, L, J, and M subway lines.
    Request Owner's contact information
    176 Graham Ave Brooklyn, NY 11206
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    Brooklyn, NY 11206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    176 Graham Ave Brooklyn, NY 11206
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