5 months on rocket

583 Franklin Ave Unit 4, New York City, NY, 11238

$1,275,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
916 SqFt
$1,392/SqFt
Condo

Location

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583 Franklin Ave Unit 4, New York$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ViewCity, Panoramic
MLS #RPLU-33423049360
StatusActive

About 583 Franklin Ave Unit 4

A light-filled and ultra-spacious boutique condo with a private rooftop garden you can only dream of - 583 Franklin Ave Unit 4 is your new home at the crossroads of Prospect Heights and Crown Heights built without compromise.<br> As intimate as it gets, this 2-bedroom and 2-bath floor-thru beauty was constructed with the best of modern comforts in mind. Beginning with the spacious open-concept kitchen leading to a living space that is embraced by warm oak floors and 3 picture-perfect windows ushering in the soothing western sunlight.<br> The unique layout features a living room that utilizes the full 20'-width of the building. The kitchen is tastefully designed and features an island, a full array of stainless steel appliances, bright caesarstone countertops and plenty of cabinets for all your storage needs. There's even an enormous laundry and utility closet that is optimal to store away unwanted clutter.<br> The full bathroom in the hallway is full of elegant details, featuring a Duravit bathtub, herringbone tile flooring and fine award wining German designed brass fixtures. Down this hallway is another storage closet.<br> Tucked away toward the quiet rear of the building are two ample bedrooms. The luxury primary bedroom has fantastic proportions and features an en-suite bathroom and built-in closet storage and dressing area. The balcony off of this room is situated perfect in between the trees and backyards of Brooklyn neighbors and perfect for those morning coffee breaks or afternoon reading sessions. The closeted second bedroom is ideal for any usage, be it a nursery, home office or guest bedroom.<br> When you are ready to head up stairs to the roof, you'll find an enviable and spacious rooftop garden that reflects the love and efforts of the owners. This serene escape encompasses nearly 400 SF of private rooftop space that you can customize to your liking while you watch the sunset on the Manhattan and Brooklyn skylines in spectacular fashion.<br> Please reach out to our team directly for a viewing. Don't miss this chance to see and own a beautiful, well-proportioned home with multiple private outdoor spaces and very low monthlies taxes and common charges!<br> 583 Franklin Ave is a recently constructed boutique 4-unit condominium development at the urban nexus of Prospect and Crown Heights between Pacific and Atlantic Ave. Conveniently located near all the things that make Brooklyn great - Prospect Park, the Brooklyn Museum, the Brooklyn Botanic Gardens, and all the incredible restaurants and neighborhood amenities on Franklin Ave and Vanderbilt Ave. all while being less than a 5 min walk to the Franklin Ave A/C subway stop and 12 minutes to the 2,3,4,5 Franklin Ave subway train. You are steps away from New York City famous mainstays like Chavela's, Winner, Barboncino, Mayfield, gourmet groceries such as Food Garden and plenty of boutique shopping like L Train Vintage and fitness cross training gyms like Tabatha Ultimate Fitness, Blink and Crossfit location.<br>

Property Details

Property Features

Property Information:

  • Living Area: 916 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Dayin Chen
  • Agent Phone: (617) 216-5375

Interior Features

Interior Information:

  • Basement: No
  • Interior: Dining Area

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, Panoramic
  • Exterior: Balcony

Virtual/3D Tour

  • Virtual Tour: 583 Franklin Ave Unit 4
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Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
  • Price Per SqFt: $1,392/SqFt

HOA Fees:

  • Amount: $407
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

583 Franklin Ave Unit 4 vs New York

162 DAYS ON ROCKET

+78 Days

$1,275,000

+$418.8K More

$1,392/SqFt

+$747 More

KEY TAKEAWAY

This property is $418.8K more than the Median Sold Price and $747/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423049360

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Dayin Chen
  • Agent Phone: (617) 216-5375

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,838

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-85501
3
/10
  • P.S. 3 The Bedford VillageSchool

  • 50 Jefferson Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-85502
4
/10
  • Brooklyn Arts and Science Elementary School

  • 443 Saint Marks Ave

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-85503
8
/10
  • P.S. 316 Elijah Stroud School

  • 750 Classon Ave

  • 0.41 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,821. Residents of New York, NY typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 583 Franklin Ave Unit 4

What is the listing price of this property?

The listing price of 583 Franklin Ave Unit 4 property is $1,275,000.

What type of property is this?

The property 583 Franklin Ave Unit 4 is a condo located in New York City, New York, 11238.

Is this property for sale now?

Active Listing: 583 Franklin Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 583 Franklin Ave Unit 4 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 583 Franklin Ave Unit 4 is 916 SqFt (source: MLS/tax record).

Rocket HomesNew YorkKings CountyNew York11238583 Franklin Ave Unit 4

This home is located at 583 Franklin Ave Unit 4 in New York City, NY and zip code 11238 in the Central Brooklyn neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $1,275,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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