101 GRAHAM AVE Unit MULTIFAM BROOKLYN, NY 11206

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