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324 Graham Ave

Williamsburg, Brooklyn, NY
Total Size
7,500 sqft
Lot Size
2,500 sqft
Year Constructed

About 324 Graham Ave

Built in 1920, the 3-story property at 324 Graham Avenue in New York offers retailers a fabulous commercial location in sought-after East Williamsburg. It is deal for investors and catering professionals looking to purchase rather than having to rent office space with a restaurant opportunity.

Featuring 2,500 square feet of first floor retail space ideal for a grocery or convenience store, a restaurant or cafe, 324 Graham Avenue in New York boasts two rental apartments on floors two and three. The thriving restaurant/diner business generates a monthly income of between $22,000 to $25,000 per month, while the apartments bring in an income of $3,400 and $2,400 per month respectively.

Boasting an amazing wraparound frontage with highly visible awnings, 324 Graham Avenue overlooks a busy junction. Situated between Devoe and Ainslie Streets in New York's rapidly appreciating East Williamsburg neighborhood, this property is a must-see!

Commuters have easy access to L and G trains as well as Williams Bridge and bus line B43 for the Greenpoint-Lefferts Garden bus. Local tenants include the Lachlan Gastropub, Garden Grill Coffee Shop and Quechol Products Inc Grocery.

Welcoming diners with a white brick facade, 324 Graham Avenue in New York is an investor's dream!

Internet Providers for 324 Graham Ave

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Williamsburg

On average, listings lease in the $50's per square foot per year. The Williamsburg region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the New York City market, the Williamsburg submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
Williamsburg $55
Median Rate Median Size
New York City $65

Median Rate over Time in Williamsburg