760 Franklin Avenue Apt: MIXED_USE
Brooklyn, NY 11238

Cross street:Sterling Place

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Rooms: 21
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets No

Financials

Price: $2,750,000
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Douglas Elliman Real Estate

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.

Amenities

  • Walk-up

Neighborhood

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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 amp ; Lincoln Place.


OLR IDX

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