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  • $2,250,000

    625 Franklin Ave, Brooklyn, NY 11238

    5beds
    2,700sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $2,320,700 Zestimate®
    $833/sqft
    $-- HOA

    What's special

    Brand-new roofFully finished basement
    Introducing 625 Franklin Avenue, a mid-century, fully free-market three-family townhouse in the heart of Crown Heights, ideally positioned between Bergen and Dean Streets. This income-producing asset comprises three full-floor units: a ground-floor one-bed, one-bath with private backyard access, and two spacious two-bed, one-bath apartments above-each fully turn-key. Comprehensively gut-renovated in 2017, the property boasts all-new electrical and plumbing systems, high-efficiency tankless boilers for every unit, and a stucco façade. The current owner installed a brand-new roof in 2024 and maintains flashing on a four-year cycle. A fully finished basement provides ample storage cages and washer/dryer hookup, further enhancing functionality and rental appeal. Sited on a 20" 80" lot with building dimensions of 20" 45', the property benefits from R7A/C2-4 zoning and an impressive 3,696 sq ft of unused FAR-an exceptional value-add and development opportunity in a non-landmarked district. Whether you're an investor seeking strong rental upside or an end-user pursuing a 1031 exchange, 625 Franklin Avenue delivers significant upside potential. Just a short stroll from Prospect Park and well-served by transit-including the S train at Park Place and the A, C, and S lines at Franklin Avenue-the location offers unrivaled convenience. Nearby cultural and culinary highlights include the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library, as well as acclaimed restaurants such as Mayfield, Chavela's, Cafe Rue Dix, Arden, La'Mode BK, Silver Rice. Experience the dynamic energy and enduring appeal of Crown Heights, Prospect Heights, and beyond at 625 Franklin Avenue.
    7 days
    on Zillow
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    577
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    27
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    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: 10 hours ago

    Listing by:

    Douglas Elliman 347-381-4168,

    Jason Abrishami

    Source: StreetEasy,MLS#: S1778175
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 625 Franklin Ave.

    Next available tour time:Tomorrow at 9am

    Open house

    • Tue, Jul 8

      6:30 PM - 7:30 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 2,700
    • Total interior livable area: 2,700 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Garden
    Details
    • Parcel number: 012110004
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1920

    Community & HOA

    Community
    • Subdivision: Crown Heights
    HOA
    • Services included: Maintenance
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $833/sqft
    • Tax assessed value: $2,333,000
    • Annual tax amount: $7,860
    • Date on market: 6/30/2025
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