Pending

631 Franklin Avenue

Brooklyn, NY 11238
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Bed --

Bed

Bath 0

Bath

SqFt3,400

Sqft

Acres0.04

Acre(Lot)

Welcome to a distinguished corner property nestled in the dynamic Crown Heights neighborhood of Brooklyn. This impressive investment opportunity spans three stories plus a basement, featuring a first-level commercial space and two upper rental apartments, complemented by three garages. Strategically positioned at the intersection of Crown Heights and Prospect Heights, this brick beauty offers versatility and potential for both investors and owner-occupiers. The ground floor boasts a prominent commercial area with excellent visibility, ideal for attracting foot traffic and enhancing business prospects. Above, two well-appointed apartments promise comfortable living spaces for tenants seeking the quintessential Brooklyn experience. Spread across a generous 20' × 80' lot with R7A zoning, this property also presents an additional 3,000 square feet of buildable air rights (subject to architect/engineer confirmation). This significant potential allows for future expansion, making it a standout opportunity in Brooklyn’s competitive real estate market. The full basement with high ceilings offers ample storage or workshop space, catering to a variety of needs and enhancing the property’s utility. Beyond its physical attributes, enjoys a prime location near bustling dining and retail hubs along Franklin, Flatbush, Washington, and Vanderbilt Avenues. Residents and tenants benefit from seamless access to transportation with nearby train and bus services, ensuring effortless connectivity throughout the city. The property is being offered subject to the existing tenancy on the first and second floors, with the top-floor apartment available for immediate occupancy, this property offers a balanced blend of stability and flexibility for prospective buyers.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,100,000

AD Id : 79996848

MLS Id : 484044

Lot Size : 0.04 Acre

Living Area Size : 3,400

Year Built : 1905

County : Kings

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Flooring Information

    Hardwood, Laminate, Linoleum
  • Roofing Information

    Asphalt, Flat
  • Interior Features

    Roof: Asphalt, Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Steam, Natural Gas

  • Building Information

    Year Built: 1905 Building Area Total: 3400 Construction Materials: Brick Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 80 x 20 Lot Size Acres: 0.04 Lot Size Square Feet: 1600

  • Listing Price Information

    Listing Price: $2100000

  • Tax Information

    Tax Lot: 1 Tax Block: 1211 Annual Tax: $12802

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
647 Washington Avenue #7A, Brooklyn, NY, 11238 $1,599,000 3 2 1,216 1,216 SqFt
340 St. Marks Avenue #3F, Brooklyn, NY, 11238 $800,000 2 -- 1,000 1,000 SqFt
116 Cambridge Place #2B, Brooklyn, NY, 11238 $649,000 2 1 600 600 SqFt
116 Cambridge Place #2B, Brooklyn, NY, 11238 $649,000 2 1 600 600 SqFt
77 Eastern Parkway #2D, Brooklyn, NY, 11238 $615,000 1 1 600 600 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/08/2026 @ 06:28

MLS: 484044 LISTED BY: Gamal Hasan, Bellmarc 718-768-4500 SOURCE: Brooklyn Board of REALTORS

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