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In contract
    • $2,125,000

    625 Franklin Ave, Brooklyn, NY 11238

    5beds
    2,700sqft
    Loading
    Multi Family
    Built in 1920
    -- sqft lot
    $2,063,100 Zestimate®
    $787/sqft
    $-- HOA

    What's special

    Fully finished basementAmple storage cagesFully turn-keyThree full-floor units
    Introducing 625 Franklin Avenue, a mid-century, fully free-market three-family townhouse in the heart of Crown Heights, ideally positioned between Bergen and Dean Streets. This income-producing asset comprises three full-floor units: a ground-floor one-bed, one-bath with private backyard access, and two spacious two-bed, one-bath apartments above-each fully turn-key. Comprehensively gut-renovated in 2017, the property boasts all-new electrical and plumbing systems, high-efficiency tankless boilers for every unit, and a stucco façade. The current owner installed a brand-new roof in 2024 and maintains flashing on a four-year cycle. A fully finished basement provides ample storage cages and washer/dryer hookup, further enhancing functionality and rental appeal. Sited on a 20" 80" lot with building dimensions of 20" 45', the property benefits from R7A/C2-4 zoning and an impressive 3,696 sq ft of unused FAR-an exceptional value-add and development opportunity in a non-landmarked district. Whether you're an investor seeking strong rental upside or an end-user pursuing a 1031 exchange, 625 Franklin Avenue delivers significant upside potential. Just a short stroll from Prospect Park and well-served by transit-including the S train at Park Place and the A, C, and S lines at Franklin Avenue-the location offers unrivaled convenience. Nearby cultural and culinary highlights include the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library, as well as acclaimed restaurants such as Mayfield, Chavela's, Cafe Rue Dix, Arden, La'Mode BK, Silver Rice. Experience the dynamic energy and enduring appeal of Crown Heights, Prospect Heights, and beyond at 625 Franklin Avenue.
    389 days
    |
    58
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Elliman 347-381-4168,

    Jason Abrishami,

    Jerry Minsky

    Source: StreetEasy,MLS#: S1778175

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Cooling
      • Central Air
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 2,700
      • Total interior livable area: 2,700 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Garden
      Details
      • Parcel number: 012110004
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: Crown Heights
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $787/sqft
      • Tax assessed value: $2,329,000
      • Annual tax amount: $7,860
      • Date on market: 6/30/2025

        Estimated market value

        $2,063,100

        $1.96M - $2.17M

        $5,859/mo

        Price history

        DateEventPrice
        6/2/2026Contingent$2,125,000$787/sqft
        Source: StreetEasy #S1778175 Report a problem
        4/22/2026Listed for sale$2,125,000$787/sqft
        Source: StreetEasy #S1778175 Report a problem
        11/10/2025Contingent$2,125,000$787/sqft
        Source: StreetEasy #S1778175 Report a problem
        9/2/2025Price change$2,125,000-5.6%$787/sqft
        Source: StreetEasy #S1778175 Report a problem
        6/30/2025Listed for sale$2,250,000-6.1%$833/sqft
        Source: StreetEasy #S1778175 Report a problem
        9/7/2021Listing removed--
        Source: StreetEasy Report a problem
        8/15/2021Price change$2,397,000-0.5%$888/sqft
        Source: StreetEasy #21005183 Report a problem
        7/30/2021Price change$2,410,000-1.6%$893/sqft
        Source: StreetEasy #21005183 Report a problem
        6/28/2021Price change$2,450,000-1.5%$907/sqft
        Source: Douglas Elliman #21005183 Report a problem
        6/5/2021Listed for sale$2,488,000+0.7%$921/sqft
        Source: Douglas Elliman #21005183 Report a problem
        10/8/2020Listing removed$2,470,000$915/sqft
        Source: Douglas Elliman #4124313 Report a problem
        8/10/2020Listed for sale$2,470,000-1.2%$915/sqft
        Source: Douglas Elliman #4124313 Report a problem
        8/8/2018Listing removed$2,500,000$926/sqft
        Source: Exit Realty Team #3050808 Report a problem
        7/23/2018Listed for sale$2,500,000$926/sqft
        Source: Exit Realty Team #P1322226 Report a problem
        5/11/2018Listing removed$2,500,000$926/sqft
        Source: Exit Realty Team #3013237 Report a problem
        4/17/2018Price change$2,500,000-7.4%$926/sqft
        Source: Exit Realty Team #3013237 Report a problem
        4/6/2018Price change$2,700,000-10%$1,000/sqft
        Source: Exit Realty Team #3013237 Report a problem
        3/26/2018Price change$2,999,000-6.3%$1,111/sqft
        Source: Exit Realty Team #3013237 Report a problem
        3/19/2018Listed for sale$3,200,000+118.8%$1,185/sqft
        Source: Exit Realty Team #P1309802 Report a problem
        1/31/2017Sold$1,462,500+330.1%$542/sqft
        Source: Public Record Report a problem
        4/20/2004Sold$340,000+23.6%$126/sqft
        Source: Public Record Report a problem
        12/21/1999Sold$275,000$102/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,817 -0.7%$139,740 -0.2%
        2024$7,869 $139,980 +5.3%
        2023-- $132,960 +22.2%
        2022-- $108,840 +27.7%
        2021-- $85,260 +7.2%
        2020$3,450 +1.1%$79,500 +6.3%
        2019$3,413 +7.2%$74,820 +391.4%
        2018$3,185 +8.6%$15,225 +5.8%
        2017$2,933 +10.4%$14,389 +5.9%
        2016$2,656 $13,584
        2015$2,656 +87.4%$13,584 +1.1%
        2014$1,417 $13,436 +5.9%
        2013-- $12,688 +5.8%
        2012-- $11,991 +5.9%
        2011-- $11,320
        2010-- $11,320 +1.1%
        2009-- $11,197 +5.9%
        2008-- $10,574 +5.8%
        2007-- $9,993 +5.9%
        2006-- $9,434
        2005-- $9,434 +1.1%
        2004-- $9,331 +5.9%
        2003-- $8,812 +5.8%
        2002-- $8,328 +5.9%
        2001-- $7,862
        2000-- $7,862
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Crown Heights

        Getting around

        95 / 100
        Walker's Paradise
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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