Two-Lot Retail Assemblage at 69 Graham Avenue and 69 Moore Street
FOR SALE
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$4,495,000
69 Graham Avenue, Brooklyn, NY 11206
4,540 SF
Square Feet
$990
PPSF
Property Description
- Rare two-lot Williamsburg assemblage with exceptional optionality
- 15,700 SF as-of-right buildable plus meaningful air-rights upside
- Compelling low basis at ~$303/BSF
- Premier location with seamless access to the M, J, and L lines
- Proven condo market with consistent sellouts north of $1,350/SF
Property Details
Asset Type
Retail
Zoning
R6, C1-3
Lot Size
3,400 SF
Neighborhood
East Williamsburg
Submarket
Brooklyn
ZIP
11206
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$255,703
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$21,309
Annual Debt Service
$255,703
View on Map
69 Graham Avenue, Brooklyn, NY 11206
Address
69 Graham Avenue
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Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.
