$2,750,000

House for sale Brooklyn
Property photo number 1 of 16 Photos for Property. File  104921464_29_54618c1d5f328ed98823ae8b62c34116.jpeg

Overview

SUMMARY: Discover an opportunity with this Brooklyn house for sale and available for $2,750,000. This could be your next ideal home or a smart investment. More details await.
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 and 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 and 5 trains at Franklin Av. Local favorites include Brooklyn Museum, Library, and Botanic Garden, Altar, Arden, Ras Plant Based, Mayfield, Barboncino Pizza and Bar, Chavela's, MISC, and everything else that fabulous Crown Heights and neighboring areas offer.
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Details

  • Beds: 6
  • Baths: 4
  • Price: $2,750,000
  • Area: 4,360 sqft

Location

Marketed by:

  • Listing Manager
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