760 FRANKLIN Avenue, New York City, NY 11238

  • $2,750,000
Active
760 FRANKLIN Avenue, New York City, NY 11238
  • $2,750,000

Overview

Property ID: RPLU-5123231015
  • Apartment, Residential
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 1910
  • Year Built

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.

Details

Updated on October 31, 2024 at 7:49 pm
  • Property ID: RPLU-5123231015
  • Price: $2,750,000
  • Bedrooms: 6
  • Rooms: 21
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1910
  • Property Type: Apartment, Residential
  • Property Status: Active

Features

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Jerry Wang
  • Jerry Wang