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Off market
  • $2,381,100

    685 Franklin Ave #1, Brooklyn, NY 11238

    18beds
    --sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $2,381,100 Zestimate®
    $--/sqft
    $4,523 Estimated rent

    Home value

    $2,381,100

    $1.88M - $3.05M

    $4,523/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $4,523/mo

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    $4,523/mo

    Rent Zestimate®

    Refinance and save

    $14,271/mo

    Est. payment

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    $14,271/mo

    Est. payment

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    What's special

    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,& S trains, 25 minutes from NYC. Walk to Brooklyn Prospect Park, Botanic Garden & Downtown Brooklyn.

    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: 18
    • Bathrooms: 14
    • Full bathrooms: 14
    Appliances
    • Included: Dishwasher

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    10/17/2024Listing removed$4,000,000
    Source: StreetEasy #1699833 Report a problem
    4/30/2024Price change$4,000,000-5.9%
    Source: StreetEasy Report a problem
    3/21/2024Listed for sale$4,250,000-16.7%
    Source: StreetEasy Report a problem
    5/24/2023Listing removed--
    Source: StreetEasy Report a problem
    4/5/2023Price change$5,100,000-7.3%
    Source: StreetEasy Report a problem
    8/31/2022Listed for sale$5,500,000-11.3%
    Source: StreetEasy Report a problem
    6/22/2022Listing removed--
    Source: StreetEasy Report a problem
    5/17/2022Listed for sale$6,200,000
    Source: StreetEasy Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating