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Off market
  • $5,573,200

    787 Franklin Ave, Brooklyn, NY 11238

    8beds
    5,994sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $5,573,200 Zestimate®
    $930/sqft
    $4,962 Estimated rent

    Home value

    $5,573,200

    $4.63M - $6.58M

    $4,962/mo

    Zestimate® history
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    $4,962/mo

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    Rent Zestimate®

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    $33,696/mo

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    $33,696/mo

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    What's special

    GREAT INVESTMENT OPPORTUNITY IN PRIME CROWN HEIGHTS BROOKLYN. THIS MIXED-USE PROPERTY WAS BUILT IN 1931 AND IS 3 STORIES TALL. BUILDING FEATURES 4 TWO BEDROOM 1 BATH APARTMENTS AND 2 STORES WITH A R7A ZONING. SOME UNITS MAY BE DELIVERED VACANT AND SOME UNITS HAVE NO LEASES. THE RENT ROLL IS $108,000 WITH POTENTIAL INCREASE. THE BUILDING ALSO HAS AN UNFINISHED BASEMENT. PROPERTY IS MINUTES AWAY FROM PROSPECT PARK, BROOKLYN MUSEUM, BROOKLYN BOTANIC GARDENS AND GRAND ARMY PLAZA. CLOSE TO S, 2, 3, 4, 5 TRAINS, YOUR NEIGHBORHOOD DELI?S, AND GREAT RESTAURANTS. BUILDING RESIDES IN SCHOOL DISTRICT 17 WHICH IS HOME TO P.S. 316 ELIJAH STROUD & ELIJAH STROUD MIDDLE SCHOOL. LOT SIZE ? 27 x 90.5 SQFT, APX TOTAL LOT SQFT. ? 2,444 SQFT, BLDG SIZE ? 27 x 74 SQFT, APX TOTAL BLDG SQFT. ? 5,994 SQFT. SCHEDULE A VIEWING TODAY AS PROPERTY WILL NOT LAST LONG.

    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: 4
    • Full bathrooms: 4
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 5,994 sqft

    Property

    Lot
    • Size: 2,443 Square Feet
    Details
    • Parcel number: 012520008

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $930/sqft
    • Tax assessed value: $1,497,000
    • Annual tax amount: $15,449

    Price history

    DateEventPrice
    5/1/2023Sold$6,725,000+99.3%$1,122/sqft
    Source: Public Record Report a problem
    1/23/2017Sold$3,375,000-6.2%$563/sqft
    Source: Public Record Report a problem
    8/9/2016Listing removed$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    7/26/2016Listed for sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    7/26/2016Pending sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    7/23/2016Listed for sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    7/23/2016Pending sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    7/21/2016Listed for sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    7/18/2016Pending sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    6/9/2016Listed for sale$3,599,999$601/sqft
    Source: TOP NEST Report a problem
    12/3/2014Listing removed$2,300-4.2%
    Source: H. P. Greenfield Real Estate Report a problem
    11/2/2014Price change$2,400-7.7%
    Source: Keller Williams NYC #10178120 Report a problem
    9/29/2014Price change$2,600-3.7%
    Source: Keller Williams NYC #10178120 Report a problem
    9/10/2014Listed for rent$2,700
    Source: Keller Williams Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,449 -0.2%$673,650 +11.2%
    2024$15,474 $605,700 +4.8%
    2023-- $577,800 +1.7%
    2022-- $567,900 +7.9%
    2021-- $526,500 -10.9%
    2020$1,309 +3.2%$590,850 +7.3%
    2019$1,268 $550,800 +5752.1%
    2018-- $9,412 +8%
    2017$1,108 +6.6%$8,715 +8%
    2016$1,040 $8,070
    2015$1,040 +53.9%$8,070 +3.2%
    2014$675 $7,819 +112.1%
    2001-- $3,686
    2000-- $3,686
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating