586 Franklin Avenue

3,200 ft²

$515 per ft²

16 rooms

5 beds

3 baths

Two-family home
Crown Heights

recorded sale

Sold on 1/27/2016

Verified by closing records

Last listed for $1,695,000

This home has been saved by 100 users.

Report listing

Listing by Corcoran, Limited Liability Broker | Brokerage Listing ID: 3498543

Common charges

Not applicable

Estimated payment

$8,692/mo

Taxes

$121/mo

Tax abatement

No info

About

Buyer’s agent

Julie Harding

Licensed Real Estate Salesperson

Douglas Elliman

description

Classic and Chic 4-story, 2-family, 20ft wide brownstone with 3,200sqft of useable space and many preserved details in arguably one of the most exciting Brooklyn brownstone neighborhoods. The property can easily be converted to a 4-family with an excellent return or used in its current state as a 2 family to create a residence with triplex and garden rental unit. Additional FAR available giving many options for this unique property.

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Home features

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Building amenities

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About the building

586 Franklin Avenue

586 Franklin Avenue, Brooklyn, NY 11238

Two-family house inCrown Heights

2 units

3 stories

1910 built

For sale

0 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 586 Franklin Avenue

Property history

Price Change: ↓ $100,000 (-5.6%) on 10/20/15
Days on market: 90 days

Date	Price	Event
1/27/2016	$1,650,000	Sold by Corcoran
1/14/2016	$1,695,000	No longer available
12/9/2015	$1,695,000	In contract
12/9/2015	$1,695,000	No longer available
10/20/2015	$1,695,000	Price decreased by 6%

Past listing photos

1/27/2016

Explore Crown Heights

Transit

Location	Distance
ASat Franklin Av	0.2 miles
ACSat Franklin Av	0.21 miles
Sat Park Place	0.23 miles
ACat Nostrand Av	0.34 miles
LIRRat Nostrand Avenue	0.38 miles

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About Crown Heights

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

5 beds

$2.13M

RentalsMedian asking base rent

5 beds

$5,750

Crown Heights has a lot going on. From the chaotic, commercial avenues of Nostrand and Utica to the wide, tree-lined esplanades of Eastern Parkway, the streets are always filled with locals shopping, catching up on the corner, and keeping tabs on neighbors. Walk down any of these streets and you're likely to find music playing from idling cars and bright Caribbean flags hanging from windows of apartment buildings. Every Labor Day, Crown Heights hosts the West Indian Day Parade, one of the city's largest annual street festivals which draws thousands of people from around the city and the world. The mix of people in such close proximity makes Crown Heights a fascinating microcosm of New York City. Living here, you'll be surrounded by a community with deep roots and rich heritage.

Learn more about Crown Heights