New Listing - 10/16/2024

$2,750,000

Est. Mortgage $13,190/mo *

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Listing courtesy of Douglas Elliman Real Estate - Park Plaza

760 Franklin Avenue, #MIXED_USE, Brooklyn, (Crown Heights), NY, 11238

760 Franklin Avenue, #MIXED_USE, Brooklyn, (Crown Heights), NY, 11238
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21 rooms

6 beds

4 Full baths

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.

Status:

Active

Town:

Brooklyn

Type:

Condo/Coop

Laundry Remarks:

None

Zoning:

R7A

Building Type:

Low-Rise

Cooling:

Unknown Type

Levels:

3

Maintenance:

0.0000

Pet Policy:

No Pets

Building Access:

Walk-up

Built Size:

20'x55'

OLR #:

RPLU5123231015

Community Info

School Info

Walk Score

Mass Transit

Yelp

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