308 Graham Ave
308 Graham Ave, Brooklyn, NY 11211
Michael Ferrara of Brax Realty has been exclusively retained to offer for sale 308 Graham Avenue (AKA 252-260 Ainslie Street) & 306 Graham Avenue (“Properties”). The properties are situated on a +/- 5,000 SF lot on the southeast corner of Ainslie Street and Graham Avenue. The R6A/C2-4 zoned lot, is improved with three (3) attached three-story plus basement mixed-use buildings, containing an aggregate +/- 12,780 SF of above grade gross building area. The properties are located in a prime area of Williamsburg and are only a 3-minute walk (two blocks) to the L subway station at the corner of Graham Avenue and Metropolitan Avenue.
An incredible corner location with 50’ frontage on Graham Avenue and 100’ of frontage on Ainslie Street, the properties consist of 3 retail tenants, 5 apartments and one full floor office space. The properties are 100% occupied and provide a diversified income stream that offers future upside to an investor through renovations and increasing rents to market. There is potential to add-value in utilizing the 2,220 SF of available air rights for a vertical expansion of 308 Graham Avenue/252-260 Ainslie Street or by re-developing 306 Graham and utilizing the air rights to construct a new building. Additionally, an investor has the opportunity to create a roof deck amenity with incredible views of the Manhattan skyline. 258 Ainslie Street has a curb cut and garage door which has been covered over but can be reactivated for future use.
306 Graham Avenue is a +/- 2,050 NRSF separate frame building with one duplex apartment with private backyard access and 1 retail tenant, a barber shop. 308 Graham Avenue/252-260 Ainslie Street is a corner property serviced by a recently upgraded and modernized elevator and consists of 2 retail tenants, 4 incredible loft apartments with almost 11’ ceilings and exposed brick and one full-floor beautifully renovated office space.
306 & 308 Graham Avenue provide a rare opportunity to acquire a corner package in a prime area of Williamsburg that is in high demand due to its historical loft character and all free market status.
Asking $6,750,000
Building Details
- For Sale $528.17/SF
- Property Type Mixed Use - Office / Retail / Residential
- Property Size 12,780 SF
- Units 5
- Lot Size 0.12 Acre
- Additional Rent Price on request
- # of Floors 3
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1930
- Date Updated Jan 23, 2025
Reach out to the broker for more info on lease terms and amenities
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Contacts
Brax Realty
Location
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11211
- Market Brooklyn
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Walk score 96/100 Walker's Paradise
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Transit score 99/100 Rider's Paradise
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Bike score 90/100 Biker's Paradise
Points of Interest
Grand Street
0.18 miles
Lorimer Street
0.34 miles
Hewes Street
0.66 miles
Bedford Av Subway Station L line
0.80 miles
Marcy Avenue
0.80 miles
Flushing Avenue
0.89 miles
Greenpoint Avenue
1.39 miles
Dekalb Ave & Wycoff Ave - SW Corner
1.41 miles
Dekalb Ave & Wycoff Ave - NW Corner
1.42 miles
Dekalb Ave & Wycoff Ave - SE Corner
1.42 miles
Spirit
0.40 miles
Bolla
0.53 miles
BP
0.54 miles
Sunoco
0.75 miles
Tesla Supercharger
0.91 miles
Revel
0.99 miles
Gulf
1.13 miles
ChargePoint
1.33 miles
Blink
2.53 miles
Bus Charging Station
2.77 miles
MMP Parking LLC
1.43 miles
FDNY Fleet Services
1.71 miles
MTA NYCT Emergency Response Unit
1.82 miles
NYPD Brooklyn Tow Pound
2.05 miles
MTP Park
2.08 miles
Central Parking System of New York, Inc.
2.10 miles
LaGuardia Community College Parking Lot
2.18 miles
Skyport
2.21 miles
Private Parking Lot
2.26 miles
Village View Parking Area 3
2.30 miles
Greenpoint Car Wash
0.63 miles
Enterprise
1.34 miles
Java Car Services
1.52 miles
Bleecker Hand Car Wash
1.87 miles
Sunny Brite Auto Wash Corporation
1.88 miles
New Ridgewood Car Service
1.90 miles
U-Haul
1.96 miles
Glyde Management TLC Rental
1.99 miles
Fast Track Mobility
2.01 miles
Budget Truck Rental
2.03 miles
Cafe Camellia
0.04 miles
Grand Morelos
0.08 miles
McDonald's
0.08 miles
BRUJOS Brooklyn Taco Company
0.10 miles
East Met West
0.10 miles
Los Primos
0.11 miles
Ammazzacaffè
0.12 miles
Creep City Ninja Bubble Tea
0.12 miles
The Empanada Spot
0.12 miles
Bahia
0.13 miles
C-Town
0.10 miles
Bravo Supermarket
0.13 miles
Foodtown
0.14 miles
Ozzie;s Fresh Marker
0.18 miles
City Fresh Market
0.38 miles
Beyond Natural Market
0.39 miles
Sunac Natural Foods
0.40 miles
Wize Organic Market
0.48 miles
Brooklyn Harvest Market
0.56 miles
Bravo
0.61 miles
City Chemist
0.10 miles
Unity Drugs
0.12 miles
Sisto Pharmacy
0.13 miles
GST Pharmacy
0.14 miles
Saldo Drugs
0.22 miles
United Pharmacy
0.33 miles
New York Engine Company 229
0.47 miles
New York Ladder Company 146
0.47 miles
Community Healthcare Network - Williamsburg
0.51 miles
Walgreens
0.54 miles
Listing Summary
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Property Financials 308 Graham Ave is currently listed for sale at $528.17/SF.
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Property Details 308 Graham Ave totals 12,780 square feet of Mixed Use space across 3 floors on a lot spanning 0.12 acres. The property was initially built in 1930.
Based on its location, amenities, and finishes, the property is listed as class C.
Tenancy at 308 Graham Ave is listed as Multi-Tenant, comprising a total of 5 units.
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Area Characteristics 308 Graham Ave is located in the Williamsburg neighborhood.
In terms of ease of commuting, the area has a walk score of 96, indicating that it is perfect for walking.
Brax Realty