760 FRANKLIN Avenue #MIXED_USE Active

Brooklyn,NY 11238

$ 2750000

6 Beds

4 Baths

4360 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,360 sqft

Price per Sqft $630

Subdivision Crown Heights

MLS Listing ID RPLU-5123231015

Style Walk-Up

Bedrooms 6

HOA Y/N Yes

Year Built 1910

Property Description

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.

Location

State NY

County Kings

Zoning R7A

Building Detail https://reisnyc.com/nyc/buildings/760-franklin-ave?listingId=1152431826

Rooms

Basement Other

Interior

Fireplace No

Laundry Building None

Exterior

Exterior Feature None

View Y/N No

Porch None

Private Pool No

Building

Story 3

New Construction No

Others

Ownership Rental Building

Special Listing Condition Standard

Pets Allowed Building No,No

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