735 Franklin Avenue

735 Franklin Ave | Sold

• Property type: Townhouse

• Neighborhood: Crown Heights

• Sale price: $2,175,000

• Building type: Three-family brick townhouse

The Property

This three-family brick townhouse at 735 Franklin Avenue was configured as a fully free-market, income-producing investment property in the heart of Crown Heights. The building was delivered fully occupied, offering immediate cash flow and a stabilized rent roll.

The lower unit was arranged as a spacious duplex with two bedrooms, two full bathrooms, a finished recreation room, in-unit laundry, and direct access to the backyard. The two upper units were configured as bright, floor-through two-bedroom residences with open kitchens, renovated bathrooms, in-unit laundry, and rear-facing bedrooms for added privacy and quiet. Exposed brick details added character to the living areas.

The building had been maintained and updated to support long-term ownership while preserving flexibility for future repositioning or end-user conversion.

Location

Located on Franklin Avenue between Park and Sterling Places, the property benefited from a central Crown Heights location close to neighborhood dining, cultural institutions, and green space. Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden were all within easy reach. Multiple subway lines nearby provided convenient access to Manhattan and surrounding Brooklyn neighborhoods.