GREAT INVESTMENT OPPORTUNITY IN PRIME CROWN HEIGHTS BROOKLYN. THIS MIXED-USE PROPERTY WAS BUILT IN 1931 AND IS 3 STORIES TALL. BUILDING FEATURES 4 TWO BEDROOM 1 BATH APARTMENTS AND 2 STORES WITH A R7A ZONING. SOME UNITS MAY BE DELIVERED VACANT AND SOME UNITS HAVE NO LEASES. THE RENT ROLL IS $108,000 WITH POTENTIAL INCREASE. THE BUILDING ALSO HAS AN UNFINISHED BASEMENT. PROPERTY IS MINUTES AWAY FROM PROSPECT PARK, BROOKLYN MUSEUM, BROOKLYN BOTANIC GARDENS AND GRAND ARMY PLAZA. CLOSE TO S, 2, 3, 4, 5 TRAINS, YOUR NEIGHBORHOOD DELI?S, AND GREAT RESTAURANTS. BUILDING RESIDES IN SCHOOL DISTRICT 17 WHICH IS HOME TO P.S. 316 ELIJAH STROUD & ELIJAH STROUD MIDDLE SCHOOL. LOT SIZE ? 27 x 90.5 SQFT, APX TOTAL LOT SQFT. ? 2,444 SQFT, BLDG SIZE ? 27 x 74 SQFT, APX TOTAL BLDG SQFT. ? 5,994 SQFT. SCHEDULE A VIEWING TODAY AS PROPERTY WILL NOT LAST LONG.
Sold for $6,725,000 on 05/01/23
$6,725,000
787 Franklin Ave, Brooklyn, NY 11238
8beds
5,994sqft
MultiFamily
Built in 1931
-- sqft lot
$4,755,200 Zestimate®
$1,122/sqft
$5,619 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 5,994 sqft
Property
Lot
- Size: 2,443 sqft
Details
- Parcel number: 012520008
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1931
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Living room
- Stainless steel appliances