751 Franklin Ave
Brooklyn, NY 11238
EXCLUSIVE
Cross street:Sterling Place & St. John's Place

Property

Ownership: Mixed Use
Type: Mixed Use
Rooms: 10
Bedrooms: 2 BR
Bathrooms:
Area: 2688 sq ft
Lot Size: 1225 sq ft

Financials

Price:$2,699,000
Annual Taxes:$2,190
Real estate tax:$2,190
Financing Allowed:80%
Minimum down:$539,800

Turnkey Crown Heights Mixed-Use Building for Sale - Retail storefront & 2 Apts.

Description

751 Franklin Avenue represents a prime mixed-use (residential & commercial) opportunity in the highly desirable Crown Heights / Prospect Heights neighborhood of Brooklyn, NY. The ground floor and basement of this beautiful property is currently occupied by a pet store, with two (2) tastefully renovated one bedroom apartments on the 2nd & 3rd floors. The spacious one bedroom apartments easily fit queen size beds, have lots of closet space, beautiful hardwood floors, open kitchens with an island, stainless steel appliances, full size in unit washer/dryer, dishwashers and split A/C units. Currently, the 2nd floor tenant has exclusive use of the deck and shared use of the garden / backyard.

Ideally located on Franklin Avenue close to Eastern Parkway and a lively mix of neighborhood retail businesses, coffee shops, bars & restaurants such as: Cent” Anni, Chavela’s, Franklin Park and Starbucks. Heavy foot & vehicular traffic along the Franklin Avenue corridor provides maximum exposure and high visibility. Easy and convenient access to buses & the # 2, 3, 4 & 5 & the Franklin Ave shuttle at the Franklin Avenue station, the farmer’s market at Grand Army Plaza, Prospect Park, Brooklyn Museum and the Brooklyn Botanic Garden. Perfect for owner-users -[the 3rd floor apartment will be delivered vacant) or investors looking for a high quality, income producing asset .NOI and other additional information available upon request.

FYI: the property has approximately 2,217 buildable square feet, for those with dreams big dreams and aspirations.

All showings - By Appointment Only.

Amenities

  • Basement
  • Dishwasher
  • Hardwood Floors
  • High Ceilings
  • Washer / Dryer

Exposures

  • East
  • West

Neighborhood

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.