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
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