Listing courtesy of Corcoran Group
687 Franklin Avenue, Brooklyn, (Crown Heights), NY, 11238
40 rooms
1910
We are excited to announce a once in a lifetime opportunity to own a piece of iconic Brooklyn. Welcome to 685 Franklin Avenue; this picture worthy and eye catching corner building sits on a 2790 corner lot located only 6 blocks from Prospect Park. Perfectly situated on one of the most desirable intersections where Prospect Place meets Franklin Avenue.
Fantastic investment opportunity features 14 rent stabilized units with 1 commercial space. Meticulously maintained building with most units recently updated. This solid investment brings $26,993.15 in monthly rent roll.
2 Studios
6 One Bedrooms
6 Two Bedrooms
1 Garage
1 Commercial space with 10 year lease
Capital improvements include recently updated roof and electric/gas meters/water heaters in 2021
AMAZING 4.32%CAP
Short distance to the 2,3,4,5,A,C,& S trains, 25 minutes from NYC. Walk to Brooklyn Prospect Park, Botanic Garden & Downtown Brooklyn.
Status:
Active
Town:
Brooklyn
Type:
Commercial
Zoning:
R7A
Building Type:
Low-Rise
Garage:
Yes
Cooling:
Unknown Type
Levels:
4
Amenities:
Garage;
Building Access:
Walk-up
Service Level:
Voice Intercom
OLR #:
RPLU33422969629
Community Info
School Info
Walk Score
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