Sold on 1/15/2015 for $3,960,000
538 Graham Avenue #*
MLS® #RLS10098794
Listing by New York Living Solutions
14
Bedrooms
8
Baths
7,838
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Views: Park Greenbelt
- Style: Prewar architecture
- Character: Pre-war building (1920)
Property Details
Description
Located two short blocks from McCarren Park on the border of Williamsburg and Greenpoint, this 4 story multifamily brick building is centrally located with close proximity to the G and L trains as well as the Brooklyn Queens Expressway. Being on the corner of Graham and Engert Avenue, each of the 8 fully occupied residences get great light from the buildings three exposures. All of the 7 free market units have been recently renovated with new kitchens, updated bathrooms, and recessed lighting. The building was converted to gas 5 years ago at the same time that the boilers were replaced. There are 3 one-bedroom units, 4 two-bedroom units, and 1 three-bedroom unit on the top floor which is rent stabilized. As demand continues to climb in the Williamsburg-Greenpoint neighborhood, free market rents can be raised upon lease renewal to match the rapidly appreciating market.
Showings by appointment only beginning Friday the 13th at 1pm!
Financials:
Expenses:
Taxes $ 11, 017.52
Insurance $ 4, 984.00
Heating $ 5, 361.00
Electric $ 756.00
Water/Sewage $ 5, 800.00
Total Annual Expenses: $27,918
Total Annual Income: $190,752
Net Operating Income: $162,834
Features & Amenities
Interior Features
About Greenpoint
View All Greenpoint ListingsGreenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich Polish history, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.
Greenpoint Live Market Data
View NeighborhoodActive Listings
32
Median Asking Price
$1.92M
Median $/Sqft
$1,630
Avg Days on Market
N/A
New This Week
0
Price Reduced
9%
Sold (30 Days)
5
Median Sale Price
$1.50M
Live data from RLS at REBNY • Updated 2/15/26, 8:55 PM EST
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Location
538 Graham Avenue #*, Greenpoint, Kings County • Near Broome Street and Engert Avenue
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of New York Living Solutions - Ilan Bracha
Listing Contact: (212) 227-0021
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RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 1:55 AM UTC