101 Graham Avenue (Off Market)

For Sale, USD 6,300,000


Property Type : Condo

Property Style : N/A

Build Size : 7,500 ft² / 697 m²

Land Size : N/A

Bedroom : 8

Bathroom : 4

Half Bathroom : 4

MLS#: RLS20063738


Property Description

<p>&nbsp; <strong>99 &amr; 101 Graham Avenue Williamsburg, Brooklun <p> <strong>Prime Corner Development Opportunity</strong></p> <p>Offered for sale is a rare <strong>corner development site</strong> spanning <strong>50 x 100 feet</strong> , <strong>R6 Zoning @</strong>&nbsp; <strong>99-101 Graham Avenue</strong>, in the heart of Williamsburg-one of Brooklyn's most resilient and high-demand markets. The site is currently improved with <strong>two three-story buildings</strong>, <strong>4 residential and 2 commercial units.</strong> </p> <p> providing immediate optional income while plans are finalized.</p> <p>This assemblage presents <strong>multiple as-of-right and programmatic development pathways</strong>, making it suitable for both luxury and mixed-income strategies.</p> <p> <strong>Development Scenarios Include:</strong></p> <p> <strong>1. Condominium Development - Approx. 15,000 SF</strong></p> <p> Ideal for a boutique luxury or mid-market condo project, maximizing sellable square footage while maintaining efficient construction costs.</p> <p> <strong>2. Condominium with Facilities - Up to 24,000 SF</strong></p> <p> <strong> </strong>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.</p> <p> <strong>3. Universal Affordability Preference (UAP) Program - Up to 19,500 SF</strong></p> <p> The property is <strong>eligible for the UAP program</strong>, 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.</p> <p> <strong>Key Highlights:</strong></p> <ul> <li>Corner lot with strong light, air, and design flexibility</li> <li>50' frontage allows for efficient unit layouts and street presence</li> <li>Located in a proven condo and rental submarket</li> <li>Multiple zoning-compliant development outcomes</li> <li>Strong long-term fundamentals driven by Williamsburg demand</li> </ul> <p>This is a <strong>flexible, high-upside site</strong> suited for developers, investors, or owner-builders looking to execute a strategic residential project in one of Brooklyn's most established neighborhoods.</p> <p>&nbsp;</p>
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101 Graham Avenue, United States,New York,Brooklyn is a 7,500ft² Brooklyn luxury Condo listed for sale USD 6,300,000. This high end Brooklyn Condo is comprised of 8 bedrooms and 4 baths. Find more luxury properties in Brooklyn or search for luxury properties for sale in Brooklyn.