<p>Introducing 760 Franklin Avenue, an early-twentieth century, fully free market, mixed-use property in the vibrant neighborhood of Crown Heights, nestled between Saint Johns & Lincoln Place. This exceptional property features three units: a commercial space on the ground floor and two residential floor-through units above. The building is situated on a 20 ft 92 ft lot with building dimensions of 20 ft 55 ft, offering 2,999 sq ft of unused FAR and R7A, C2-4 zoning, making it a prime value-add opportunity in a non-landmarked district. The current rent roll is below market, providing upside with improvements. Perfect for an investor or end-user with 1031 exchange needs. 760 Franklin Avenue presents significant untapped potential and may be delivered vacant. Only a short jaunt from Prospect Park, as well as transportation such as the S, 2, 3, 4 & 5 trains at Franklin Av. Local favorites include Brooklyn Museum, Library, & Botanic Garden, Altar, Arden, Ras Plant Based, Mayfield, Barboncino Pizza & Bar, Chavela's, MISC, and everything else that fabulous Crown Heights and neighboring areas offer.</p>
Property Details
Property Features
Property Information:
Architectural Style: Walk-Up
Year Built: 1910
Living Area: 4,360 SqFt
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (212) 891-7000
Listing Agent: Jason Abrishami
Agent Phone: (516) 238-3520
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Exterior: None
Price Information
Listing Price Info
Price Summary:
List Price: $2,750,000
Price Per SqFt: $631/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
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: 11/15/2024, 11:20:50 PM 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.7K
Per Month
Principal & Interest
$13.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,311
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
P.S. 316 Elijah Stroud School
750 Classon Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-6
7
/10
P.S. 241 Emma L. Johnston School
976 President St
Distance between this listing and this school0.31 miles
Public District Grades KG-5
4
/10
Brooklyn Arts and Science Elementary School
443 Saint Marks Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
Nearby Schools
5
/10
Elijah Stroud Middle School
750 Classon Ave
Distance between this listing and this school0.23 miles
Public District Grades 6-8
6
/10
Explore Exceed Charter School
443 Saint Marks Ave Rm 114
Distance between this listing and this school0.32 miles
Public Charter Grades KG-8
9
/10
Success Academy Charter School-Prospect Heights
801 Park Pl Fl PL-4th
Distance between this listing and this school0.33 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
International High School at Prospect Heights
883 Classon Ave
Distance between this listing and this school0.28 miles
Public Magnet Grades 9-12
6
/10
High School for Global Citizenship (The)
883 Classon Ave
Distance between this listing and this school0.28 miles
Public District Grades 9-12
3
/10
Brooklyn School for Music & Theater
883 Classon Ave
Distance between this listing and this school0.28 miles
The neighbors living near this home have an average income of $48,142. The majority of New York, NY residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 760 Franklin Avenue Mixed_Use
What is the listing price of this property?
The listing price of 760 Franklin Avenue Mixed_Use property is $2,750,000.
What type of property is this?
The property 760 Franklin Avenue Mixed_Use is a condo located in New York City, New York, 11238.
Is this property for sale now?
Active Listing: 760 Franklin Avenue Mixed_Use is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 760 Franklin Avenue Mixed_Use has 6 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 760 Franklin Avenue Mixed_Use is 4,360 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 760 Franklin Avenue Mixed_Use is 1910.
Interested in 760 Franklin Avenue Mixed_Use? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 760 Franklin Avenue Mixed_Use in New York City, NY and zip code 11238 in the Central Brooklyn neighborhood. This 4,360 square foot home was built in 1910. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $2,750,000.
New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.
From Rocket Homes Real Estate and based on county public records data.
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Music Concerts
Art Museums
Banana Republic
H&M
Bloomingdales
Jack In The Box
Chipotle
Starbucks
Toyota
Volkswagen
Audi
Jazz
Rhythmic Contemporary Hits
News