701 Franklin Avenue

Crown Heights

$3,640,000
Price
11
Beds
5
Baths
5,880 Sq. Ft.
$619 / Sq. Ft.
5,880
Sq. Ft.
$619
per Sq. Ft.

Description

Welcome to Franklin Avenue, a captivating and ENORMOUS four-family house nestled in the heart of Brooklyn, NY. Built in 1931, this charming residence offers the perfect blend of historic elegance and modern convenience. With 4 stories and 4 spacious units, this property is a true gem in the vibrant neighborhood of Franklin Avenue, Crown Heights. Offered at $3,640,000, this impressive property boasts 5,880 square feet of living space, offering generously spacious layouts for each unit at over 1,225...Welcome to Franklin Avenue, a captivating and ENORMOUS four-family house nestled in the heart of Brooklyn, NY. Built in 1931, this charming residence offers the perfect blend of historic elegance and modern convenience. With 4 stories and 4 spacious units, this property is a true gem in the vibrant neighborhood of Franklin Avenue, Crown Heights. Offered at $3,640,000, this impressive property boasts 5,880 square feet of living space, offering generously spacious layouts for each unit at over 1,225 square feet each. The first-floor unit is a two bedroom, two full baths, two living rooms, and a spacious private backyard; while units #2, #3, and #4 are all three bedrooms with two living rooms and one bathroom each. As you come inside, you’ll be greeted by expansive living rooms that provide a warm and inviting atmosphere, perfect for both relaxation and entertaining. The kitchens in each unit are bright, airy, and exceptionally spacious. Equipped with stainless steel appliances, including a refrigerator, oven, dishwasher, and microwave. Each unit also features a large dining room, ideal for hosting family dinners and gatherings with friends. The bedrooms are a serene retreat, featuring beautiful hardwood flooring that adds a touch of elegance and warmth to each space. High ceilings throughout the units enhance the sense of openness and grandeur, creating an airy and comfortable living environment. Two other standout features of Franklin Avenue are the outdoor backyard space accessible via the first-floor apartment, and the rooftop that overlook all of Brooklyn and well into Manhattan. Sitting on a 20'×100' lot, and with a residential FAR of 4.0, this property still has an additional 2,268’ of buildable to reach its allowed maximum FAR of 8,148.’ Like I say in the video, large format four families like this are quite RARE, so don’t miss the opportunity to make this charming and spacious house your new home. Call me today to schedule your viewing.
  1. Listed by Luis E. Alvarez • eXp Realty BKNY

Amenities

  • High Ceilings
  • Walk Up
  • Dishwasher
  • Microwave
  • Stainless Steel Appliances
  • Formal Dining Room
  • Voice Intercom
  • Private Outdoor Space
LISTING UPDATED: 06/24/2024 06:10 PM

Property Details for 701 Franklin Avenue

StatusActive
MLS ID484062
Days on Market104
Taxes$9,421 / year
Maintenance-
Min. Down Pymt-
Total Rooms25.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1931
Lot Size2,000 SF
CountyKings County

Building Information for 701 Franklin Avenue

Stories4Residences-Year Built1931Building Size-Lot Size2,000 SFBuilding Age-Building Type-

Property Information for 701 Franklin Avenue

Summary
Location and General Information
  • Block: 1231
  • Cross Street Name: Prospect Pl
  • Cross Street Name: Park Pl
  • Zoning: R7A
  • Roof: Flat
  • Residential Features: A/C Unit - Window, Dishwasher, Patio Garden, Refrigerator, Stove
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash, None
  • Tax Amount: 9421.0
Property
Lot Information
  • Lot Dimensions: 20 x 100
  • Sq Ft Total: 5880
  • Yard: Back
  • Lot Number: 7
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished
  • Baths Three Quarter: 0.0
  • Baths Total Level 1: 2
  • Baths Total Level: 1
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood
  • Building Amenities: Deck Rooftop, Door – Intercom
  • Construction Materials: Brick
  • Electric: 110 V, 220 V, Circuit Breakers
  • Baths Total Level: 1
  • Baths Total Level: 1
  • Beds Total Level: 2
  • Beds Total Level: 3
  • Beds Total Level: 3
  • Beds Total Level: 3
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1660.0
  • Building Length: 83.0
  • Building Type: Attached
  • Building Width: 20.0
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 701 Franklin Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 701 Franklin Avenue

Taxable ValueLand$141,750Additions$553,050Total$694,800
Home Facts
Total Finished SqFt5,880 SqFtLot Size2,038 SqFtYear Built1931ZoningR7AAPN3012310007

Schools near 701 Franklin Avenue

This home is within Nyc Geog District #17 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 138
PublicPK to 8

Elijah Stroud Middle School
Public6 to 8

W E B Dubois Academic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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701 Franklin Avenue is a townhouse for sale in Crown Heights. This property was listed for sale on June 24, 2024 by eXp Realty BKNY, it's currently listed at $3,640,000. It has been on the market for a total of 104 days and was last sold on November 5, 2010. This listing's school district is Nyc Geog District #17 - Brooklyn. Nearby schools include P.S. 138, Elijah Stroud Middle School and W E B Dubois Academic High School. 701 Franklin Avenue is a 11-bed, 5-bath, 5,880 sqft townhouse built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty BKNY

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.