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760 Franklin Avenue, Unit MIXED_USE, Brooklyn, NY 11238

$2,750,000
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Pending
BEDS6 BATHS4 full SQUARE FEET4,360 MLS#RLS11015879
STATUSPending PROPERTY TYPEResidential - SUBDIVISIONCrown Heights

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.

760 Franklin Avenue, Unit MIXED_USE | MLS# RLS11015879

This home located at 760 Franklin Avenue, Unit MIXED_USE, Brooklyn, NY 11238 is currently listed for sale with an asking price of $2,750,000. This property was built in 1910 and has 6 bedrooms and 4 full baths with 4360 sq. ft. Franklin Avenue, Unit MIXED_USE is located in the Crown Heights subdivision. Search Crown Heights real estate on www.joycerealty.com today.

Property Features

Property Type: Residential -
Basement: Other
Home Style: Walk-Up
Stories: 3.0
Year Built: 1910

Amenities

None

Feature Descriptions

Days on Site: 529
Laundry: Building None
Parcel#: 01175-0061
Patio/Porch: None
Pets Allowed: Building Yes, No
Units: 4

Listed By / Shown By

Listed By

Agency Name: Douglas Elliman Real Estate
Agency Phone: (212) 891-7000

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 6,922.39 per month $6,120.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $802.08 Homeowner's Insurance

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