NOT LISTED FOR SALE
11 Beds
5 Baths
5,880 Sq Ft
2,000 Sq Ft Lot Lot

Sale Details

Date Sold: December 6, 2024

Last sale price $3,050,000 $519 Per Sq Ft

Highlights

  • Intercom to Front Desk
  • 2-minute walk to Park Place (S Line)
  • Garden
  • Rooftop Deck
  • Wood Flooring
  • Heating System Uses Steam

About This Home

As of December 2024

Welcome to Franklin Avenue, a captivating and ENORMOUS four-family house nestled in the heart of Brooklyn, NY. Built in 1931, this charming residence offers the perfect blend of historic elegance and modern convenience. With 4 stories and 4 spacious units, this property is a true gem in the vibrant neighborhood of Franklin Avenue, Crown Heights.

Offered at $3,640,000, this impressive property boasts 5,880 square feet of living space, offering generously spacious layouts for each unit at over 1,225 square feet each. The first-floor unit is a two bedroom, two full baths, two living rooms, and a spacious private backyard; while units #2, #3, and #4 are all three bedrooms with two living rooms and one bathroom each. As you come inside, you’ll be greeted by expansive living rooms that provide a warm and inviting atmosphere, perfect for both relaxation and entertaining.

The kitchens in each unit are bright, airy, and exceptionally spacious. Equipped with stainless steel appliances, including a refrigerator, oven, dishwasher, and microwave. Each unit also features a large dining room, ideal for hosting family dinners and gatherings with friends.

The bedrooms are a serene retreat, featuring beautiful hardwood flooring that adds a touch of elegance and warmth to each space. High ceilings throughout the units enhance the sense of openness and grandeur, creating an airy and comfortable living environment.

Two other standout features of Franklin Avenue are the outdoor backyard space accessible via the first-floor apartment, and the rooftop that overlook all of Brooklyn and well into Manhattan. Sitting on a 20'×100' lot, and with a residential FAR of 4.0, this property still has an additional 2,268’ of buildable to reach its allowed maximum FAR of 8,148.’

Like I say in the video, large format four families Like this are quite RARE, so don’t miss the opportunity to make this charming and spacious house your new home. Call me today to schedule your viewing.

Last Agent to Sell the Property

Luis Alvarez

eXp Realty BKNY Listed on: 06/24/2024

eXp Realty BKNY

Last Buyer's Agent

Luis Alvarez

eXp Realty BKNY Listed on: 06/24/2024

eXp Realty BKNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,421

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Irregular Lot
  • Garden
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,880 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 1231

Community Details

Overview

  • 4 Units

Amenities

  • Rooftop Deck
  • Intercom to Front Desk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,421

Year Built

Built in 1931

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 5.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Baths Total Level4: 1.00
  • Beds Total Level4: 3
  • Borough: Brooklyn
  • Building Length: 83.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Prospect Pl
  • Cross Street Name2: Park Pl
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Dishwasher, Patio Garden, Refrigerator, Stove
  • Fill Sq Ft Total: 5880
  • Building Stories: 4
  • Street Name I D X: Franklin
  • Year Built: 1931
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 11
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 7
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 9421.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $3,050,000 -16.2% $519 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $3,640,000 -- $619 / Sq Ft
Source: Brooklyn Board of REALTORS®

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
2026 $10,706 $838,350 $141,750 $696,600
2025 $10,362 $740,700 $141,750 $598,950
2024 $10,362 $694,800 $141,750 $553,050
2023 $9,421 $607,950 $141,750 $466,200
2022 $8,705 $594,450 $141,750 $452,700
2021 $8,082 $475,650 $141,750 $333,900
2020 $3,973 $500,400 $141,750 $358,650
2019 $8,041 $500,400 $141,750 $358,650
2018 $7,514 $59,077 $15,080 $43,997
2017 $6,961 $54,731 $16,482 $38,249
2016 $6,534 $50,679 $16,822 $33,857
2015 $4,242 $50,679 $20,055 $30,624
2014 $4,242 $49,045 $21,517 $27,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484062

Brooklyn Board of REALTORS®

APN: 01231-0007

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