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$2,750,000

Beds
6
Baths
4.0
sq ft
4,360

760 Franklin Ave Unit MIXED_USE, Brooklyn, NY 11238

760 Franklin Ave Unit MIXED_USE

New York City, NY 11238

  • 68 days on market
<p>Introducing 760 Franklin Avenue, an early-twentieth century, fully free market, mixed-use property in the vibrant neighborhood of Crown Heights, nestled between Saint Johns & Lincoln Place. This exceptional property features three units: a commercial space on the ground floor and two residential floor-through units above. The building is situated on a 20 ft 92 ft lot with building dimensions of 20 ft 55 ft, offering 2,999 sq ft of unused FAR and R7A, C2-4 zoning, making it a prime value-add opportunity in a non-landmarked district. The current rent roll is below market, providing upside with improvements. Perfect for an investor or end-user with 1031 exchange needs. 760 Franklin Avenue presents significant untapped potential and may be delivered vacant. Only a short jaunt from Prospect Park, as well as transportation such as the S, 2, 3, 4 & 5 trains at Franklin Av. Local favorites include Brooklyn Museum, Library, & Botanic Garden, Altar, Arden, Ras Plant Based, Mayfield, Barboncino Pizza & Bar, Chavela's, MISC, and everything else that fabulous Crown Heights and neighboring areas offer.</p>

Details

Property type

Apartment

Lot size

Unknown

Price per sq ft

$631

Year built

1910

HOA

Yes

Price History

10/16/2024
REBNY

REBNY #RPLU-5123231015

Listed
$2,750,000

Schools & Community

Neighborhood: 

Crown Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/22/2024 at 9:35 PM

Listing updated: 10/31/2024 at 3:52 PM

Listed by: Jason Abrishami, Douglas Elliman Real Estate Phone #: (212) 891-7000

MLS: REBNY #RPLU-5123231015

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