$4,880,000
Updated 8 years ago
Sold
336-342 Franklin Ave
Bedford Stuyvesant, Brooklyn | Lexington Ave & Greene Ave
5 BathsMixed Use
$4,880,000
floors / apts4 / 8
Building TypeLow-Rise
RE Taxes$9,333
Building Amenities
- Voice Intercom
Property Description for 336-342 Franklin Ave
336 Franklin Ave. / 342 Greene Ave-PACKAGE DEAL ONLY. On the border of Clinton Hill/Bed- Stuyvesant, lies this Unique Investment/Development Opportunity in a prime corner location.
336 Franklin Ave. is a corner mixed-use building and is currently configured as 4 over-sized residential units and 1 commercial unit. It has residential access on Greene Avenue.
The adjoining building, 342 Greene Avenue, is currently configured as 4 market-rate residential units and has a large, oversized yard, measuring 20' x 70'.
These buildings offer either a conversion opportunity or can be upgraded as high-income rental properties. Close proximity to public green spaces, transportation, local merchants and Pratt Institute.
These buildings are being offered as a bundled deal ONLY.
336 Franklin Avenue:
- Block: 1967
- Lot: 40
- Zoning District: R6 with a Commercial Overlay C2-4
- Zoning map: 16c
- Number of Floors: 4 stories existing
-Lot Area 24x64.421,546 SF- Water:$2,406
- Insurance: $3,982
- Gas: $3,698
342 Greene Avenue
- Block: 1967
- Lot: 39
- Zoning District: R6 with a Commercial Overlay C2-4
- Zoning Map: 16c
- Number of Floors: 4 stories
- Lot Area: 20x110.69 2,213.8 SF
- Taxes:$6,084
- Water: $2,524
- Insurance: $2,321
- Gas: $2,419
336 Franklin Ave. is a corner mixed-use building and is currently configured as 4 over-sized residential units and 1 commercial unit. It has residential access on Greene Avenue.
The adjoining building, 342 Greene Avenue, is currently configured as 4 market-rate residential units and has a large, oversized yard, measuring 20' x 70'.
These buildings offer either a conversion opportunity or can be upgraded as high-income rental properties. Close proximity to public green spaces, transportation, local merchants and Pratt Institute.
These buildings are being offered as a bundled deal ONLY.
336 Franklin Avenue:
- Block: 1967
- Lot: 40
- Zoning District: R6 with a Commercial Overlay C2-4
- Zoning map: 16c
- Number of Floors: 4 stories existing
-Lot Area 24x64.421,546 SF
- Insurance: $3,982
- Gas: $3,698
342 Greene Avenue
- Block: 1967
- Lot: 39
- Zoning District: R6 with a Commercial Overlay C2-4
- Zoning Map: 16c
- Number of Floors: 4 stories
- Lot Area: 20x110.69 2,213.8 SF
- Taxes:$6,084
- Water: $2,524
- Insurance: $2,321
- Gas: $2,419
Listing History for 336-342 Franklin Ave
Now
04/27/2018
Sold and Closed by Peter Grazioli
Brown Harris Stevens Residential Sales LLC
02/16/2018
POM by Peter Grazioli
Brown Harris Stevens Residential Sales LLC
Building Details for 336-342 Franklin Ave
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/8
Transit and Citi Bike
Subway
Classon Av
0.18 miles
Bedford-Nostrand Avs
0.25 miles
Franklin Av
0.42 miles
Citi Bike
Franklin Ave & Quincy St
0.07 miles
Lexington Ave & Classon Ave
0.12 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 71492TH
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