201-320-8911
733 Franklin Ave, Brooklyn, NY for Sale
Storefront Retail/Residential - FOR SALE
1/4
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733 Franklin Ave
Brooklyn, NY 11238
Crown Heights


HIGHLIGHTS

  • Ground Floor Retail + Two Free-Market Residential Units
  • Immediate Value-Add Opportunity Through Retail Lease-Up
  • Fully Built-Out Restaurant and Bar Space, Delivered Vacant
  • Apartments Feature Stainless Steel Appliances, Exposed Brick
  • Separately Metered, Tenants Responsible for Utilities
  • Tax Class Protected

OVERVIEW

TerraCRG is pleased to exclusively represent ownership in the sale of 733 Franklin Avenue, a 3-unit mixed-use investment property located on Crown Heights' most vibrant commercial corridor. Situated minutes from Prospect Park,  the property benefits from outstanding neighborhood amenities, a thriving restaurant and nightlife scene, and convenient access to multiple subway lines, supporting strong residential and commercial demand. This offering is ideal for investors seeking durable cash flow with meaningful upside through retail lease-up. The property consists of approximately 2,775 square feet across three stories. The building features two free-market residential apartments above a vacant ground-floor retail space that is fully built out as a restaurant and bar, offering an exceptional opportunity for an owner-user or investor to lease the space at current market rents with minimal additional build-out costs. The apartments are state-of-the-art with separated heating, exposed brick, and a private deck on the top floor. The property is classified as Tax Class Protected, providing long-term real estate tax benefits. 733 Franklin Avenue presents investors with a turnkey mixed-use asset featuring stable residential income and immediate value-add potential through the lease-up of the commercial space. The combination of free-market residential units and a fully improved restaurant storefront creates a compelling investment opportunity in one of Brooklyn's most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Ave Mixed-Use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,388 SF

ZONING

R7A, C2-4

APN/PARCEL ID

01238-0005

ASK ABOUT THIS PROPERTY

Vivek SharmaTerraCRG Brooklyn Commercial Real EstateMore Info
201-320-8911

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Vivek SharmaTerraCRG Brooklyn Commercial Real EstateMore Info
201-320-8911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.