735 Franklin Avenue

735 Franklin Avenue | Sold

• Property type: Multi-family townhouse

• Neighborhood: Crown Heights

• Building type: Three-family brick townhouse

The Property

This three-family brick townhouse on Franklin Avenue presented a compelling investment opportunity within the Crown Heights market. The property required renovation but offered strong underlying fundamentals, including scale, layout, and location on one of the neighborhood’s most established corridors.

The building’s configuration allowed for a thoughtful repositioning of the apartments, creating modernized living spaces while retaining the value inherent in a classic Crown Heights townhouse. Its structure and footprint supported both long-term income potential and flexibility in execution.

Representation

This transaction was completed with buyer representation, guided by a focused investment strategy that prioritized location, renovation upside, and long-term cash flow. Following the purchase, the apartments were renovated and successfully leased, resulting in stabilized income shortly after completion.