361 Graham Ave
Brooklyn, NY 11211

Marcus & Millichap has been retained on an exclusive basis for the sale of 361 Graham Avenue. The property sits between Skillman Avenue and Conselyea Street and is ideally situated in the East Williamsburg neighborhood of Brooklyn. This is a mixed-use building consisting of 4 residential units and 2 retails units. Ownership converted the use of a ground floor residential unit unto a retail space and restructured the layouts of the residential units from inefficient 1 bedroom units into front and back 2 bedroom units. With all apartments recently renovated and rented out, this is a very easy opportunity for an investor to buy a currently cash flowing property above a 5% cap rate as well as capture more potential upside. 361 Graham, located in East Williamsburg, is well-served by major forms of transportation. Just 2 blocks from the Graham Avenue L train and a short walk to both the Metropolitan Avenue G train and Broadway JMZ trains, the Property benefits from easy access to Manhattan. The G train also allows access to Queens, and the East River Ferry' s North Williamsburg ferry terminal which provides direct service to Manhattan.