685 Franklin Avenue #1

$3,500,000

for sale

2,780 ft²

$1,258 per ft²

16 rooms

14 beds

16 baths

Rental unit
Crown Heights
Resale

1 Open house

Sun, Aug 9

2–5 PM ET

By appt only

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

Listing updated in the last 2 days

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Common charges

Not applicable

Estimated payment

$23,281/mo

Taxes

$5,583/mo

Tax abatement

No info

About

Seller’s agent

Sebastian Lopera

Licensed Real Estate Salesperson

Corcoran

Description

685 Franklin Avenue offers a rare opportunity to acquire a prominent corner mixed-use building in the heart of Crown Heights, just moments from Prospect Park.
Set on a 2,790-square-foot lot, the property comprises 14 rent-stabilized apartments, one commercial space, and one garage. The residential mix includes 2 studios, 6 one-bedrooms, and 6 two-bedrooms, providing diversified and dependable in-place income.

Policies

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Home features

Fireplace
Hardwood floors
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City, Skyline

Building amenities

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About the building

687 Franklin Avenue

687 Franklin Avenue, Brooklyn, NY 11238

Rental building inCrown Heights

14 units

4 stories

1910 built

For sale

1 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: No changes
Days on market: Listed today

Date	Price	Event
8/6/2026	$3,500,000	Listed by Corcoran
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%

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

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About Crown Heights

Sales

Median asking price

14 beds

$3.5M

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