174 Franklin Street
$2,875,000
4
2.5
2,835
2,835
$1,014
Sold 8/15/17
Description
LOCATION, LOCATION, LOCATION! AWARD-WINNING LANDMARKED MIXED-USE BUILDING W/ AIR RIGHTS! This unique brick house consists of two upper residential two-bedroom apartments, and a fully renovated retail storefront. The strikingly handsome prewar brick facade won the Landmark Preservation Grassroots Award in 2010 after undergoing a redesign. The building is perfectly maintained and positioned on one of the best blocks on prime Franklin Street; the most sought after and polished strip for boutiques, restaurants,...LOCATION, LOCATION, LOCATION! AWARD-WINNING LANDMARKED MIXED-USE BUILDING W/ AIR RIGHTS! This unique brick house consists of two upper residential two-bedroom apartments, and a fully renovated retail storefront. The strikingly handsome prewar brick facade won the Landmark Preservation Grassroots Award in 2010 after undergoing a redesign. The building is perfectly maintained and positioned on one of the best blocks on prime Franklin Street; the most sought after and polished strip for boutiques, restaurants, and cafés in Greenpoint. On the ground floor, a fashion-forward clothing boutique impresses pedestrians with a prominent glass storefront showcase, dramatic 11ft. ceilings, a bathroom, and basement storage. Through the private resident's entrance, a corridor leads to a well-maintained patio and garden with a raised bluestone deck and custom built-ins, ideal for gardening, lounging with a book, or BBQ-ing and entertaining guests; a true treasure for its' residents.
The second and third-floor apartments are currently occupied, but can be delivered vacant as of August 2017. They feature two floor-through two-bedroom, one bathroom apartments with sun-bathed bedrooms at the front of the building, open living rooms, and high ceilings that create a loft-like feel that "Brooklynites" seek. The large eat-in kitchens feature updated cabinetry, stainless steel appliances, granite counter-tops, ample storage, and two large windows facing into the backyard patio. In addition, the luminous upper level unit has a recently fully renovated bathroom. Charming original details are carried throughout both units including original French doors and fireplaces. The upper unit features an open skylight allowing sunlight to pour into the apartment throughout the day. The two residential floors could be combined to create an impressive owner's duplex with retail income and a backyard, or the building could simply serve as a "cash cow" income-producing property with a Greenpoint location that is nearly impossible to beat! A huge bonus to this property is the approx. 352SF of air rights. If approved by the Landmark Preservation Society and NYC DOB, this could translate to a common landscaped roof enclosure for the residents to enjoy, or an added penthouse multi-purpose living space.
Located just a few short blocks from the G Train and the NY Waterway Ferry Terminal, the building boasts optimal convenience for transportation between Greenpoint and Manhattan. Greenpoint is one of the fastest growing neighborhoods in New York City with over 4,000 proposed new residential units in the pipeline, set to undergo tremendous growth over the coming years.
Building Size & Built SF: 21’ X 45’ | 2,835 SF
Lot Size & Lot SF: 21’ X 69’ | 1,449 SF
Zoning: R6
FAR: 2
The second and third-floor apartments are currently occupied, but can be delivered vacant as of August 2017. They feature two floor-through two-bedroom, one bathroom apartments with sun-bathed bedrooms at the front of the building, open living rooms, and high ceilings that create a loft-like feel that "Brooklynites" seek. The large eat-in kitchens feature updated cabinetry, stainless steel appliances, granite counter-tops, ample storage, and two large windows facing into the backyard patio. In addition, the luminous upper level unit has a recently fully renovated bathroom. Charming original details are carried throughout both units including original French doors and fireplaces. The upper unit features an open skylight allowing sunlight to pour into the apartment throughout the day. The two residential floors could be combined to create an impressive owner's duplex with retail income and a backyard, or the building could simply serve as a "cash cow" income-producing property with a Greenpoint location that is nearly impossible to beat! A huge bonus to this property is the approx. 352SF of air rights. If approved by the Landmark Preservation Society and NYC DOB, this could translate to a common landscaped roof enclosure for the residents to enjoy, or an added penthouse multi-purpose living space.
Located just a few short blocks from the G Train and the NY Waterway Ferry Terminal, the building boasts optimal convenience for transportation between Greenpoint and Manhattan. Greenpoint is one of the fastest growing neighborhoods in New York City with over 4,000 proposed new residential units in the pipeline, set to undergo tremendous growth over the coming years.
Building Size & Built SF: 21’ X 45’ | 2,835 SF
Lot Size & Lot SF: 21’ X 69’ | 1,449 SF
Zoning: R6
FAR: 2
Amenities
- Loft Style
- Top Floor
- Floor Thru
- Entire Floor
- Ground Floor
- Private Terrace
- Private Patio
- Private Yard
LISTING UPDATED: 08/18/2017 12:04 PM
Property Details for 174 Franklin Street
Status | Sold |
---|---|
MLS ID | - |
Days on Market | 59 |
Taxes | $373 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 7.0 |
Compass Type | Mixed Use |
MLS Type | Mixed Use |
Year Built | 1880 |
Lot Size | 1,426 SF / 21' x 69' |
County | Kings County |
Buyer's Agent Compensation | 2.5% |
Building
Building Information for 174 Franklin Street
Stories3Residences3Year Built1880Building Size20.67' x 45'Building Sq. Ft2,790.45 SFLot Size1,426 SF / 21' x 69'Building AgePre-warBuilding TypeTownhouse
Property History for 174 Franklin Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 174 Franklin Street
Taxable ValueLand$19,800Additions$132,720Total$152,520
Home Facts
Total Finished SqFt2,790 SqFtLot Size1,426 SqFtYear Built1931ZoningR6BAPN3025500007
Schools near 174 Franklin Street
This home is within Nyc Geog District #14 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 2 |
Rating | School | Distance |
---|---|---|
P.S. 31 Samuel F Dupont PublicPK to 5 | ||
John Ericsson Middle School 126 Public6 to 8 | ||
A-Tech High School Public9 to 12 | ||
Citizens of the World Charter School 1 CharterK to 2 |
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.
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