Active

760 Franklin Avenue MIXED_USE

Brooklyn NY, 11238

$2,750,000


$630.73 per sqft

Active

6 Beds

4 Baths

4,360 sqft

Condos

Built in 1910

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.

RPLU-5123231015

MLS ID

October 16, 2024

Listed

November 4, 2024

Updated

Map

760 Franklin Avenue MIXED_USE
Brooklyn NY, 11238

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Laundry Description

Building None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

None


Architectual Style

Walk-Up

Other Property Details

Common Charges Frequency

Monthly


Garage

No


View

No


County

Kings


Pool

No


Zoning

R7A

Listed by Jason Abrishami with Douglas Elliman Real Estate
Listing Contact: (516) 238-3520 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 11/4/2024 at 4:29 PM UTC

 

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