$7,250,000
Updated 3 months ago
Off Market
Crown Heights, Brooklyn | Lincoln Ave & Saint Johns Place
16 Beds7,975 Square FeetMixed Use

$7,250,000
floors / apts5 / 8
Lot Size27'x90'5"
Built Size27'x74'
ZoneR7A
Building TypeLow-Rise
RE Taxes$14,849
Price Per SF
$909

Property Description

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 787 Franklin Avenue, a five-story mixed-use building in the Crown Heights neighborhood of Brooklyn.

Listing History

Now
05/27/2022
POM by DJ Johnston
B6 Real Estate Advisors
2022

Building Details

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

Franklin Avenue-Medgar Evers College
0.1 miles
Botanic Garden
0.15 miles
Park Pl
0.2 miles
Eastern Pkwy-Brooklyn Museum
0.38 miles
Nostrand Av
0.38 miles

Citi Bike

Eastern Pkwy & Franklin Ave
0.08 miles
Park Pl & Franklin Ave
0.16 miles

Contact Agents

Contact Agents

DJ Johnston
B6 Real Estate Advisors
William Cheng
B6 Real Estate Advisors
Maria D'Angelo
B6 Real Estate Advisors

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

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: 78421TH