$2,750,000
PENDING

760 Franklin Ave Unit MIXED_USE Brooklyn, NY 11238

Crown Heights Neighborhood

Estimated payment $17,330/month

Total Views 3,596
6 Beds
4 Baths
4,360 Sq Ft
$631 Price per Sq Ft

About This Home

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.

Listing Agent

Jason Abrishami

Douglas Elliman Real Estate License #10301216796 Listed on: 10/16/2024

Douglas Elliman Real Estate

Co-Listing Agent

Jerry Minsky

Douglas Elliman Real Estate License #30MI0708058

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 4,360 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0061 / 01175

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Crown Heights Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area: 4360.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Rental Building

Lot Info

  • Zoning Description: R7A

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 01175
  • Tax Lot: 0061

Map

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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
03/06/2025 03/06/25 Pending -- -- --
10/16/2024 10/16/24 For Sale $2,750,000 -- $631 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $2,700,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,755,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11015879

Real Estate Board of New York (REBNY)

APN: 01175-0061

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