685 Franklin Avenue, Brooklyn, NY, 11216 Brooklyn NY US

For Sale : USD 5500000

MLS #: 21858400

Details

Bed Rooms
18
Bath Rooms
14
Neighborhood
Crown Heights
Property Type
Single Family Townhouse

Description

"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,and S trains, 25 minutes from NYC. Walk to Brooklyn Prospect Park, Botanic Garden and Downtown Brooklyn." Find out more about this property. Request details here

Location

Address
Franklin Ave, New York, New York 11216, United States
City
New York

Map

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