515 Graham Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$5,200,000 USD
212-729-6279
515 Graham Ave, Brooklyn, NY for Sale
$5,200,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

515 Graham Ave
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • High-Income Boutique Assets – Both properties generate strong cash flow with significant rental growth potential
  • Prime Greenpoint Locations – Situated in one of Brooklyn’s most dynamic, rapidly growing neighborhoods, near top restaurants, boutiques, and transit
  • Turnkey Luxury Residences – Fully gut-renovated buildings with premium finishes and modern amenities
  • Tax-Class Protection – Offering long-term stability and investment security

OVERVIEW

Situated on the west side of Graham Avenue between Newton Street and Engert Avenue, The Myles is a three-story, 25-foot walk-up building spanning approximately 4,125± SF. The property comprises six (6) meticulously renovated residential units, all configured as two-bedroom, one-bathroom layouts. Both ground-floor units feature private outdoor spaces, adding further appeal. Each unit showcases a modern, high-end design with open kitchens, stainless steel appliances, granite countertops, engineered hardwood flooring, recessed lighting, custom cabinetry, and luxury bathrooms with ceramic tiling. Additionally, apartments are equipped with split-system HVAC and in-unit washer/dryers for enhanced comfort. The building’s common areas have been completely redeveloped, and residents benefit from a 24/7 Carson remote doorman system, ensuring seamless package management, real-time communication, and enhanced convenience.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$1,261 USD /SF

# OF UNITS

6

PRICE/UNIT

$866,667

CAP RATE

Request Cap Rate

% LEASED

76%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1896

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,416 SF

ZONING

R6B

APN/PARCEL ID

02714-0024

ASK ABOUT THIS PROPERTY

Kyle SabathAvison YoungMore Info
212-729-6279

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Kyle SabathAvison YoungMore Info
212-729-6279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.