685 Franklin Ave, Brooklyn, NY 11238

We are excited to announce a once in a lifetime opportunity to own a piece of iconic Brooklyn. Welcome to 685 Franklin Avenue; this picture worthy and eye catching corner building sits on a 2790 corner lot located only 6 blocks from Prospect Park. Perfectly situated on one of the most desirable intersections where Prospect Place meets Franklin Avenue.<br><br>Fantastic investment opportunity features 14 rent stabilized units with 1 commercial space. Meticulously maintained building with most units recently updated. This solid investment brings $26,993.15 in monthly rent roll.<br><br>2 Studios<br>6 One Bedrooms<br>6 Two Bedrooms<br>1 Garage<br>1 Commercial space with 10 year lease<br><br>Capital improvements include recently updated roof and electric/gas meters/water heaters in 2021<br><br>AMAZING 4.32%CAP<br><br>Short distance to the 2,3,4,5,A,C,& S trains, 25 minutes from NYC. Walk to Brooklyn Prospect Park, Botanic Garden & Downtown Brooklyn.