Great opportunity to own fully renovated and rented mix-use building on Franklin Street in Greenpoint. Currently setup as 4 apartments and vacant commercial space with a finished basement used as office space.
Actual rent:
1. Commercial space: $6,250
2. Ground floor 2BR apartment with private garden: $2,650
3. 1BR apartment: $2,000
4. 1BR apartment: $2,150
5. 2BR penthouse with open kitchen: $3,650
Total: $16,700
Annual Total: $200,400
Expenses:
Taxes: $5,338
Heat: 4,000
Water: $1,200
Electricity: $800
Total: $11,338
NOI: $189,062
Lot size: 25 × 70
Building Size: 3,500SF
Basement level: 1,500SF
Zoning: C2-4/R6B
Sold for $3,550,000
$3,550,000
122 Franklin St, Brooklyn, NY 11222
6beds
3,500sqft
MultiFamily
Built in 1899
-- sqft lot
$3,561,900 Zestimate®
$1,014/sqft
$6,101 Estimated rent
Home value
$3,561,900
$3.31M - $3.85M
$6,101/mo
Zestimate® history
Owner options
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$6,101/mo
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$6,101/mo
Rent Zestimate®
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$21,090/mo
Est. payment
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$21,090/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dryer, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,500 sqft
Property
Parking
- Parking features: On-street
Lot
- Size: 1,750 sqft
Details
- Parcel number: 025660006
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1899
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Granite countertop
- Living room
- Stainless steel appliances
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $3,550,000-6.6%$1,014/sqft |
Source: Public Record Report a problem | ||
| 9/15/2025 | Contingent | $3,800,000$1,086/sqft |
Source: StreetEasy #S1775164 Report a problem | ||
| 6/6/2025 | Listed for sale | $3,800,000+8.6%$1,086/sqft |
Source: StreetEasy #S1775164 Report a problem | ||
| 2/3/2020 | Listing removed | $3,500,000$1,000/sqft |
Source: Michal Kuras, LREB Report a problem | ||
| 9/27/2019 | Listed for sale | $3,500,000+54.7%$1,000/sqft |
Source: Michal Kuras, LREB Report a problem | ||
| 12/4/2015 | Sold | $2,262,500-5.5%$646/sqft |
Source: Public Record Report a problem | ||
| 11/12/2015 | Listed for sale | $2,395,000$684/sqft |
Source: Greenpoint Properties Report a problem | ||
| 7/31/2015 | Pending sale | $2,395,000$684/sqft |
Source: Greenpoint Properties Report a problem | ||
| 6/27/2015 | Price change | $2,395,000-7.8%$684/sqft |
Source: Greenpoint Properties Report a problem | ||
| 6/12/2015 | Listed for sale | $2,599,000$743/sqft |
Source: Greenpoint Properties Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,940 +7.5% | $343,800 +19.9% |
| 2024 | $9,250 | $286,650 +7.8% |
| 2023 | -- | $265,950 +1.7% |
| 2022 | -- | $261,450 +6.4% |
| 2021 | -- | $245,700 +3% |
| 2020 | $7,920 +33.2% | $238,500 +17.8% |
| 2019 | $5,948 +2.6% | $202,500 +631% |
| 2018 | $5,795 +6.4% | $27,702 +3.7% |
| 2017 | $5,444 +4.2% | $26,707 |
| 2016 | $5,222 | $26,707 +3% |
| 2015 | $5,222 +85.3% | $25,936 +6% |
| 2014 | $2,819 | $24,469 +6% |
| 2013 | -- | $23,085 +3.7% |
| 2012 | -- | $22,256 |
| 2011 | -- | $22,256 +3% |
| 2010 | -- | $21,614 +6% |
| 2009 | -- | $20,391 +6% |
| 2008 | -- | $19,238 +3.7% |
| 2007 | -- | $18,547 |
| 2006 | -- | $18,547 +3% |
| 2005 | -- | $18,012 +6% |
| 2004 | -- | $16,993 +6% |
| 2003 | -- | $16,032 +3.7% |
| 2002 | -- | $15,456 |
| 2001 | -- | $15,456 +3% |
| 2000 | -- | $15,010 |
Find assessor info on the county website
Neighborhood: Greenpoint
Nearby schools
GreatSchools rating
- 9/10P.S. 34 Oliver H PerryGrades: PK-5Distance: 0.4 mi
- 6/10John Ericsson Middle School 126Grades: 6-8Distance: 0.8 mi
- 3/10A-Tech High SchoolGrades: 9-12Distance: 0.5 mi
- New York
- Kings County
- New York
- 11222
- Brooklyn
- Greenpoint
- 122 Franklin St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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