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 6 blocks from Prospect Park. Perfectly situ ated 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, Botanc Garden and Downtown Brooklyn.

Request Information
on 685 Franklin Ave
in Brooklyn, NY
Presented by Sebastian Lopera at
Corcoran Chelsea/Flatiron.


Property MLS #3653578c-c2a4-4d81-acc6-4a7cb8c2b14f from CorcoranGroup

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 18

+ Other Rooms

Total Rooms: 40

+ Bathrooms

Total Bathrooms: 14
Full Bathrooms: 14

+ Land Info

Lot Size Acres: 0.0619835
Lot Size Square Feet: 2700

+ Other Property Info

Source Listing Status: Active
County: Brooklyn
Source Property Type: Residential
Source Neighborhood: Crown Heights
Postal City: Brooklyn
Source System Name: C2C
+ Reveal Property Sale History

Listing removed 2024-06-16
$0
CorcoranGroup

---

Listed 2024-05-08
$4,000,000
CorcoranGroup

---

Listing removed 2015-02-14
$2,300
IdealProperties

---

Price Changed for rent 2015-02-10
$2,300
IdealProperties

---

Listed for rent 2015-02-03
$2,400
IdealProperties

---

Listing removed 2014-11-04
$3,800
AppfolioUnits

---

Listed for rent 2014-09-29
$3,800
AppfolioUnits

+ Building and Construction

House Style: Other Style

+ Display Complete School Details

Ps 138 is a public elementary and middle school located approximately 0.3 miles away.
Map directions

Friends of Crown Heights #2 is a private elementary school located approximately 0.1 miles away.
Map directions

W E B Dubois Academic High School is a public high school located approximately 0.4 miles away.
Map directions