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267 Franklin Ave
Brooklyn, NY 11205

Retail Property For Sale

Investment Highlights

  • Nice Large Roof Decks.
  • 2 commercial floors and 10 residential units.
  • Bike station around the block and close to public transportation.
  • Rooftop a legal loft/open space with prepared plumbing.
  • 15-year tax abatement expires in 2031.

Executive Summary

Please to offer 267 Franklin Ave in Brooklyn's New Williamsburg area. Entire building is 20,000 SF gross with 14,745 leasable. New building with passenger elevator with 2 commercial floors and 10 residential units. Close to Starbucks, Dunkin, Café Latte, Ice Cream House, Viennese, Chase Bank, Apple Bank, and Citibank and more. Beautiful brand new building!
Building features include: Full ground floor 2,200 square foot with 1,500 square foot basement, High ceilings, Private backyard, Office or retail space use.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,000 SF
Building Class
C
Year Built
2018
Price
$10,000,000
Price Per SF
$667
Percent Leased
72%
Tenancy
Multiple
Building Height
7 Stories
Building FAR
4.30
Lot Size
0.08 AC
Zoning
R6B - Residential/commercial
Frontage
33 FT on Franklin Ave

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01941-0013
Land Assessment
$182,700
Improvements Assessment
$1,023,300
Total Assessment
$1,206,000
  • Listing ID: 27024611

  • Date on Market: 11/2/2022

  • Last Updated:

  • Address: 267 Franklin Ave, Brooklyn, NY 11205

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