760 Franklin Ave Unit MIXED_USE Brooklyn, NY 11238
Crown Heights NeighborhoodEstimated payment $17,330/month
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
Douglas Elliman Real Estate License #10301216796 Listed on: 10/16/2024
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,700,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,755,000 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11015879
APN: 01175-0061
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Ask me questions while you tour the home.