Brooklyn, NY 11238,701 Franklin AVE
Brooklyn, NY 11238,701 Franklin AVE
Brooklyn, NY 11238,701 Franklin AVE
$3,050,000
Est. payment /mo
Est.Price: ?

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11 Beds
5 Baths
5,880 SqFt
SOLD DATE : 12/06/2024

Key Details

Sold Price $3,050,000

Property Type Multi Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,880 sqft

Price per Sqft $518

MLS Listing ID 484062

Sold Date 12/06/24

Bedrooms 11

Full Baths 5

Year Built 1931

Annual Tax Amount $9,421

Lot Dimensions 20 x 100

Property Sub-Type Multi-Family

Property Description

Welcome to Franklin Avenue, a captivating and ENORMOUS four-family house nestled in the heart of Brooklyn, NY. Built in 1931, this charming residence offers the perfect blend of historic elegance and modern convenience. With 4 stories and 4 spacious units, this property is a true gem in the vibrant neighborhood of Franklin Avenue, Crown Heights.

Offered at $3,640,000, this impressive property boasts 5,880 square feet of living space, offering generously spacious layouts for each unit at over 1,225 square feet each. The first-floor unit is a two bedroom, two full baths, two living rooms, and a spacious private backyard; while units #2, #3, and #4 are all three bedrooms with two living rooms and one bathroom each. As you come inside, you'll be greeted by expansive living rooms that provide a warm and inviting atmosphere, perfect for both relaxation and entertaining.

The kitchens in each unit are bright, airy, and exceptionally spacious. Equipped with stainless steel appliances, including a refrigerator, oven, dishwasher, and microwave. Each unit also features a large dining room, ideal for hosting family dinners and gatherings with friends.

The bedrooms are a serene retreat, featuring beautiful hardwood flooring that adds a touch of elegance and warmth to each space. High ceilings throughout the units enhance the sense of openness and grandeur, creating an airy and comfortable living environment.

Two other standout features of Franklin Avenue are the outdoor backyard space accessible via the first-floor apartment, and the rooftop that overlook all of Brooklyn and well into Manhattan. Sitting on a 20'×100' lot, and with a residential FAR of 4.0, this property still has an additional 2,268' of buildable to reach its allowed maximum FAR of 8,148.'

Like I say in the video, large format four families like this are quite RARE, so don't miss the opportunity to make this charming and spacious house your new home. Call me today to schedule your viewing.

Location

State NY

County Kings (brooklyn)

Area Crown Heights

Zoning R7A

Rooms

Basement Finished

Interior

Hot Water Gas

Heating Oil

Flooring Hardwood

Heat Source Oil

Exterior

Exterior Feature Brick

Amenities Available Deck Rooftop, Door – Intercom

Roof Type Flat

Handicap Access No

Building

Story 4

Foundation Poured Concrete

Others

Energy Description Oil

Financing 1031 Exchange,Bank Mortgage,Cash,None

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Listed by eXp Realty BKNY
Bought with eXp Realty BKNY

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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