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Homes for sale in Brooklyn
Multi Family

625 FRANKLIN Avenue

Brooklyn, NY 11238
$2,125,000
Beds
5
Baths
3 + 1 half
Year built
1920

Listing courtesy of Jason Abrishami, Douglas Elliman Real Estate

About this home

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 fa ade. 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.

Details

Property

Type
Multi Family
Year built
1920
Stories
3
Subdivision
Crown Heights
County
Kings
View
Other

Interior

Cooling
Other
Laundry
Washer Hookup, In Unit
Features
Smoke Free

Exterior and parking

Exterior
None
Patio and porch
None
Pool
Building None

Community and fees

Pets
Building Yes, No
Annual taxes
$7,872

Neighborhood

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