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Montfort Real Estate - Brownstone & Rowhouse Specialist

GREAT in size, GREAT location, GREAT future development opportunity:
HUGE 3 Family off Franklin Ave: Over 4,000 SqF on a 20×131 lot. Zoned R7A with 10,480 buildable SqF
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Located just an avenue from Prospect Heights in Prime Crown Heights, between Franklin & Classon Avenues, this property is steps to everywhere you want to be – Brooklyn Museum, Brooklyn Central library, Botanical Gardens, Prospect Park, restaurants, beer gardens, and yoga. This property is also centrally located for easy commutes to Manhattan or Long Island with the 2, 3, 4, 5, and A/C train lines all within 8 blocks, with the Long Island Rail Road also two avenues away on Nostrand Ave.

The building stands at 20’x 68’ as a legal 3 family, was completely rebuilt 9 years ago. The top two floors are 4Beds/2bath units, while the first floor is a 3Beds/2bath unit, all on top of a finished basement that houses the laundry room, extra storage space, and access to the shared backyard. Each apartment has its own separate gas and electric meters so that tenants pay for their own heat/ac, hot water, gas & electric. The current income is over $11,000 a month, and a couple of units can be delivered vacant at closing.

This 4,000+ SqF property is just 9 years old, and sits on an extra long lot of 20’x 131’, zoned R7A which allows for a total buildable of over 10,480 SqF.

Don’t wait on this Excellent Property in the heart of prime Crown Heighs.

Listing Agent Contact Details:

Tsafrir Giyora - [email protected] - 718-658-4100 /
917-771-1226