760 FRANKLIN Avenue #MIXED_USE Pending

Brooklyn,NY 11238

$ 2750000

6 Beds

4 Baths

4360 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 4,360 sqft

Price per Sqft $630

Subdivision Crown Heights

MLS Listing ID RLS11015879

Style Walk-Up

Bedrooms 6

Full Baths 4

HOA Y/N Yes

Year Built 1910

Property Sub-Type Apartment

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.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Fireplace No

Laundry Building None

Exterior

Exterior Feature None,Private Outdoor Space Under 60 Sqft

View Y/N No

Porch None

Private Pool No

Building

Story 3

New Construction No

Others

Ownership Rental Building

Special Listing Condition Standard

Pets Allowed Building Yes,No

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