JLL has been retained on an exclusive basis to arrange for the sale of 197 Franklin Avenue in Bedford-Stuyvesant, Brooklyn, NY. The subject property is a 3-story walk-up building located on the southeast corner of Franklin Avenue and Willoughby Avenue. The building spans approximately 4,830 square feet and consists of four (4) units and one (1) garage. The building is in need of a gut renovation and will be delivered vacant. The asset is nestled within one of Brooklyn's most pristine neighborhoods. Famous for gourmet coffee shops, boutique stores, and local restaurants, the property is complemented by a hip and artisan array of shopping and entertainment options. Situated only three (3) blocks north of Classon Avenue's G Line, users will have convenient direct transportation to surrounding areas of Brooklyn & Queens, with transfers to Manhattan. 197 Franklin Avenue offers the opportunity to redevelop a prime corner-lot asset located within one of Brooklyn's most transformative submarkets.
Off market
Zestimate®
$2,865,300
197 Franklin Ave, Brooklyn, NY 11205
--beds
4,830sqft
MultiFamily
Built in 1969
-- sqft lot
$2,865,300 Zestimate®
$593/sqft
$3,296 Estimated rent