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Off market
  • $2,940,100

    448 Franklin Ave, Brooklyn, NY 11238

    8beds
    3,600sqft
    Townhouse
    Built in 1930
    1,620 Square Feet Lot
    $2,940,100 Zestimate®
    $817/sqft
    $7,496 Estimated rent

    Home value

    $2,940,100

    $2.53M - $3.41M

    $7,496/mo

    Zestimate® history
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    Rent Zestimate®

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    $17,788/mo

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    $17,788/mo

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    What's special

    Douglas Elliman Exclusive! Introducing 448 Franklin Ave/126 Putnam Ave, a 3 story Two family Mixed-Use corner property located in this thriving and diverse neighborhood bordering Clinton Hill and Bedford Stuyvesant. This 3600 sq. ft. beauty is the perfect opportunity for the right owner/investor/developer. Built in 1930 it sits on a 20x81 lot, is zoned R6A with an FAR of 3, offering an addition 1,200 plus buildable square feet. Located at the corner of Putnam Ave and Franklin Ave, this magnificent structure is just three short blocks from the C/S trains at Franklin Ave Fulton St and features two large residential apartments, two high income generating commercial units and a two car garage. The two residential units are similar in size and layout each featuring four large bedrooms, large bathroom, Skylight, sliding doors, original molding, high ceilings and much more. The larger of the two commercial units with its' entrance on Franklin Ave is used as a Deli/Grocery Store measuring approximately 600 sq. ft. while the second commercial units with its entrance on Putnam Ave is used as a liquor store and measures approximately 400 sq. ft. Both stores have approximately the same amount of space allocated in the basement as their store size. Very well maintained throughout the years, this home has all new mechanicals including a new boiler, new hot water tank, upgraded electrical and new roof. Just a quick train ride to cultural Mecca that is Downtown Brooklyn including Barclays Center, Bam, LIU and diverse shopping, It's also within walking close proximity to many new small business establishments such as Supermarkets, Bars, Coffee Shops and Cafes. Don't miss this fantastic opportunity to be a part of the exciting neighborhood. Price is negotiable. Kindly contact the listing agent for additional information and private viewing.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 1
    Lot
    • Size: 1,620 Square Feet
    Details
    • Parcel number: 019950017

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $817/sqft
    • Tax assessed value: $1,149,000
    • Annual tax amount: $19,612

    Price history

    DateEventPrice
    4/17/2017Sold$1,900,000-15.6%$528/sqft
    Source: Public Record Report a problem
    1/4/2017Pending sale$2,250,000$625/sqft
    Source: Douglas Elliman #2480963 Report a problem
    11/21/2016Price change$2,250,000-10%$625/sqft
    Source: Douglas Elliman #2480963 Report a problem
    8/3/2016Price change$2,500,000-16.7%$694/sqft
    Source: Douglas Elliman #2480963 Report a problem
    7/29/2016Listed for sale$3,000,000$833/sqft
    Source: Douglas Elliman #2480963 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,612 +4.6%$517,050 +6.6%
    2024$18,756 $485,100 +48.3%
    2023-- $327,150 +1.8%
    2022-- $321,300 +114%
    2021-- $150,165 +3%
    2020$9,895 +8%$145,800 +20%
    2019$9,162 $121,500 +78.6%
    2018-- $68,013 +8%
    2017$8,010 -1.3%$62,975
    2016$8,113 $62,975 +3.2%
    2015$8,113 +66.2%$61,022 +8%
    2014$4,880 $56,503
    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating