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37 & 39 Graham Ave Redevelopment 2 Retail Properties in Brooklyn, NY
Investment Highlights
- Development Opportunity 37 & 39 Graham Ave, Brooklyn offering a combined 5,000 SF lot with ~20,000 buildable SF (as-of-right) Up to ~80 ft height
Executive Summary
Development Opportunity – 37 & 39 Graham Ave, Brooklyn
Prime assemblage on a vibrant Graham Avenue corridor offering a combined 5,000 SF lot with ~20,000 buildable SF as-of-right under R7A zoning. Positioned for a high-demand mixed-use or full residential development, this site delivers scale, flexibility, and strong upside.
Build up to ~80 feet (approx. 7–8 stories), ideal for a modern elevator building with ground-floor retail and residential above. The zoning supports efficient layouts for rentals or condos, with strong neighborhood demand driving long-term value.
Additional upside potential through City of Yes zoning enhancements and inclusionary opportunities, allowing for increased density beyond current as-of-right parameters.
Highlights:
20,000 buildable SF (as-of-right)
Up to ~80 ft height | 7–8 stories
5,000 SF combined lot
Ideal for mixed-use or residential development
Located on a strong retail corridor
Future FAR upside via City of Yes initiatives
A rare chance to develop at scale in one of Brooklyn’s most active and growing neighborhoods.
Prime assemblage on a vibrant Graham Avenue corridor offering a combined 5,000 SF lot with ~20,000 buildable SF as-of-right under R7A zoning. Positioned for a high-demand mixed-use or full residential development, this site delivers scale, flexibility, and strong upside.
Build up to ~80 feet (approx. 7–8 stories), ideal for a modern elevator building with ground-floor retail and residential above. The zoning supports efficient layouts for rentals or condos, with strong neighborhood demand driving long-term value.
Additional upside potential through City of Yes zoning enhancements and inclusionary opportunities, allowing for increased density beyond current as-of-right parameters.
Highlights:
20,000 buildable SF (as-of-right)
Up to ~80 ft height | 7–8 stories
5,000 SF combined lot
Ideal for mixed-use or residential development
Located on a strong retail corridor
Future FAR upside via City of Yes initiatives
A rare chance to develop at scale in one of Brooklyn’s most active and growing neighborhoods.
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 2 |
| Sale Type | Investment or Owner User | Total Building Size | 10,525 SF |
| Status | Active | Total Land Area | 0.12 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 10,525 SF |
| Total Land Area | 0.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 37 Graham Ave, Brooklyn, NY 11206 | Retail | 6,625 SF | 1931 | - |
| 39 Graham Ave, Brooklyn, NY 11206 | Retail | 3,900 SF | 1931 | $3,900,000 |
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2026RE
37 & 39 Graham Ave Redevelopment
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