Nest Seekers

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

751 Franklin Ave
Brooklyn, NY 11238

Listing

Web ID:5534479
Website:https://www.nestseekers.com/5534479
Cross street:Sterling Place & St. John's Place

Property

Ownership: Mixed Use
Type: Mixed Use
Rooms: 10
Bedrooms: 2 BR
Bathrooms: 2½
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

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.

*** 3rd Floor apartment is now vacant.

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 big dreams and aspirations.

All showings - By Appointment Only.

Amenities

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

Exposures

  • East
  • West
  • Floorplan Floorplan

Location

751 Franklin Ave, Brooklyn, NY 11238, USA

Contact

Howard Ramlal
Howard Ramlal
Licensed Real Estate Salesperson
Licensed as Howard L Ramlal
+1 917-414-4896
+1 646-443-3788
HowardR@nestseekers.com
Bedford-Stuyvesant, NY
1107 Bedford Avenue
Phone: +1 718-302-0900
Fax: +1 212-252-9347
info@nestseekers.com
​
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