685 Franklin Avenue #1

$4,000,000

For Sale

No longer available 10/17/2024

- ft²

40 rooms

18 beds

14 baths

Rental unit
Crown Heights
Resale

Seller's agent

Sebastian Lopera

Licensed Real Estate Salesperson

Corcoran

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Report listing

Listing by Corcoran, Limited Liability Broker, 220 West 19th Street, New York, NY 10011

Common charges

Not applicable

Estimated payment

$25,210/mo

Taxes

$4,984/mo

Tax abatement

No info

About

Seller’s agent

Sebastian Lopera

Licensed Real Estate Salesperson

Corcoran

description

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.

Policies

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Home features

Dishwasher
Hardwood floors
View
City, Skyline

Building amenities

Services and facilities

Parking
Garage

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

687 Franklin Avenue

687 Franklin Avenue, Brooklyn, NY 11238

Rental building inCrown Heights

14 units

4 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 687 Franklin Avenue

Property history

Price Change: ↓ $250,000 (-5.9%) on 4/30/24
Days on market: 211 days

Date	Price	Event
1/16/2025	$4,000,000	No longer available
10/17/2024	$4,000,000	Temporarily off market
4/30/2024	$4,000,000	Price decreased by 6%
3/21/2024	$4,250,000	Price increased by 1%
3/21/2024	$4,200,000	Listed by Corcoran

Explore Crown Heights

Transit

Location	Distance
Sat Park Place	under 500 feet
S2345at Franklin Av	0.3 miles
S2345at Botanic Gardens	0.35 miles
ASat Franklin Av	0.41 miles
ACSat Franklin Av	0.43 miles

View transit on Google Maps

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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

18 beds

$2.15M

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