NOT LISTED FOR SALE

Estimated Value: $2,762,310

3 Beds
1 Bath
1,000 Sq Ft
1,394 Sq Ft Lot

Highlights

  • Newly Remodeled
  • Pre War Building
  • 2-minute walk to Park Place (S Line)

About This Home

As of January 2023

Making up the entirety of the second level, Apartment 2 is a lovely renovated three-bedroom home that has been renovated and features in-unit laundry and beautiful natural light.



678 Franklin Avenue is situated in prime Crown Heights, a vibrant and diverse neighborhood lined with historic brownstones and an array of bars, restaurants, and shops. Neighborhood favorites like Mayfield, Chavela's, Gueros, Cent'Anni and The Crown Inn are just moments from the property, Prospect Park is just under a mile from the front door and the 2, 3, 4, 5, A, and C trains are around the corner.



Note: Video tour available upon request.



Apartment features:

Recently renovated

High ceilings

Floor-through layout

Three bedrooms

In-unit laundry

Hardwood floors

Stainless steel appliances

Dishwasher

Microwave



Transportation:

Franklin Ave - 2, 3, 4, 5

Franklin Av - A, C

Last Agent to Rent the Property

Sara Fellig

Corcoran Group License #10401276274 Listed on: 01/03/2023

Corcoran Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1930 | Newly Remodeled

Lot Details

  • 1,394

Home Design

  • Pre War Building

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • 3 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Property Available on 1/3/23

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,414

Year Built

Built in 1930 | Newly Remodeled

Lot Details

0

Rental Info

  • Available Date: 2023-01-03

Listing Details

  • Cross Street: ST MARKS AVENUE and PROSPECT PLACE
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Living Area: 1000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 3
  • Total Stories: 3
  • Year Built: 1930

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Ki 678 Franklin Llc
Bought by
678 Franklin Llc
Current Estimated Value
$2,762,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,618
Outstanding Balance
$664,796
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,097,514

Purchase Details

Closed on
Nov 24, 2015
Sold by
Hernandez Kevin
Bought by
Ki 678 Franklin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,277
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2006
Sold by
678 Frank-Lyn Ave Group Llc
Bought by
Hernandez Kevin

Purchase Details

Closed on
Sep 21, 2004
Sold by
Brown Lyndon and Pilgrim Chanda L
Bought by
678 Frank-Lyn Ave Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2000
Sold by
Scott Noel
Bought by
Brown Lyndon A and Pilgrim Chanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,450
Interest Rate
8.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1998
Sold by
Scott Aaa Construction Corp
Bought by
Scott Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
678 Franklin Llc $2,400,000 --
Ki 678 Franklin Llc $1,527,500 --
Hernandez Kevin $650,000 --
Hernandez Kevin $650,000 --
678 Frank-Lyn Ave Group Llc -- --
678 Frank-Lyn Ave Group Llc -- --
Brown Lyndon A $161,500 Fidelity National Title Ins
Brown Lyndon A $161,500 Fidelity National Title Ins
Scott Noel -- Stewart Title Insurance Co
Scott Noel -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 678 Franklin Llc $99,953
Open 678 Franklin Llc $754,618
Previous Owner Ki 678 Franklin Llc $467,277
Previous Owner 678 Frank-Lyn Ave Group Llc $250,000
Previous Owner Brown Lyndon A $215,450
Previous Owner Scott Noel $94,250
Closed 678 Frank-Lyn Ave Group Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Rented $3,900 +2.6% --
01/04/2023 01/04/23 For Rent $3,800 +52.0% --
12/14/2020 12/14/20 Rented -- -- --
11/24/2020 11/24/20 For Rent $2,500 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,414 $105,960 $7,860 $98,100
2024 $4,414 $84,300 $7,860 $76,440
2023 $4,211 $74,520 $7,860 $66,660
2022 $4,088 $58,500 $7,860 $50,640
2021 $4,186 $54,480 $7,860 $46,620
2020 $1,963 $44,220 $7,860 $36,360
2019 $3,832 $38,460 $7,860 $30,600
2018 $3,523 $17,280 $4,239 $13,041
2017 $3,478 $17,064 $4,489 $12,575
2016 $3,314 $16,575 $5,232 $11,343
2015 $1,942 $15,638 $5,921 $9,717
2014 $1,942 $15,264 $6,943 $8,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10820658

Real Estate Board of New York (REBNY)

APN: 01156-0058