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$6,189,750
List Price: $6,300,000
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101 Graham Avenue #MULTIFAMIL
Townhouse in Williamsburg •  building info
8bd • 4ba • 7,500ft² $840 per ft²
Buy with Yoreevo

$6,189,750

List Price

$6,300,000

Key Details
Day on market
1
Last price change
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Estimated payment
$41,226/mo
Taxes
$6,315/mo
Maintenance
N/A
Description
  99 & 101 Graham Avenue Williamsburg, Brooklyn Prime Corner Development Opportunity Offered for sale is a rare corner development site spanning 50 x 100 feet , R6 Zoning @  99-101 Graham Avenue, in the heart of Williamsburg-one of Brooklyn's most resilient and high-demand markets. The site is currently improved with two three-story buildings, 4 residential and 2 commercial units. providing immediate optional income while plans are finalized. This assemblage presents multiple as-of-right and programmatic development pathways, making it suitable for both luxury and mixed-income strategies. Development Scenarios Include: 1. Condominium Development - Approx. 15,000 SF Ideal for a boutique luxury or mid-market condo project, maximizing sellable square footage while maintaining efficient construction costs. 2. Condominium with Facilities - Up to 24,000 SF A larger-scale residential development incorporating complementary neighborhood-serving uses-such as a daycare, medical office, or similar facilities-designed to enhance resident appeal, support premium pricing, and create clear market differentiation. 3. Universal Affordability Preference (UAP) Program - Up to 19,500 SF The property is eligible for the UAP program, offering increased residential floor area in exchange for providing the required number of affordable housing units-an attractive option for developers seeking density with public benefit incentives. Key Highlights: Corner lot with strong light, air, and design flexibility 50' frontage allows for efficient unit layouts and street presence Located in a proven condo and rental submarket Multiple zoning-compliant development outcomes Strong long-term fundamentals driven by Williamsburg demand This is a flexible, high-upside site suited for developers, investors, or owner-builders looking to execute a strategic residential project in one of Brooklyn's most established neighborhoods.

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Building info

History
What it'll cost
Purchase price
$6,300,000
Asking Price: $6,300,000
Term
30 Years
Down Payment
$630,000 (10%)
Min: 10% (630,000)
Rate
6.25 %
Mortgage Amount
$5,670,000
Mortgage Payment
$34,911
Taxes
$6,315
Estimated Yoreevo rebate
$110,250
Estimated closing cost
$284,000
Total monthly cost $41,226
Buy your dream home with us and get an estimated $110,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Christies International Group

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