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    53 Franklin St Brooklyn, NY 11222

    Sponsored
    Picture of Apartment buildings at Franklin St 53, Brooklyn, NY
    For Sale
    $4,300,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.05 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 53 Franklin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    02571-0025
    Basement
    Full
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    6
    Building materials
    Brick

    Trademarko Realty Inc. (347) 647-6397 [email protected]

    Listing agent Marek Sobolewski

    Listing date Jan 2, 2026

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenpoint Multifamily Building For Sale

    Located in Greenpoint, Brooklyn, 53 Franklin Street is a 6,500 square foot former 6-family building. The property is delivered completely vacant and is situated steps from the East River, bordering Williamsburg. The building presents opportunities for various uses, including a single-family townhouse, a live/work space, or a multi-unit layout. The building measures 25 feet by 64 feet and sits on a 25 foot by 80 foot lot. The property includes three full floors plus a spacious basement. The location is near the East River, NYC Ferry, and the L & G trains.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.957446
    Latitude
    40.727253

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    FAQs

    What type of property is this?
    Apartment building - Vacant 6-family building near East River in Brooklyn.
    Where is this apartment building located?
    The property is located at 53 Franklin St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Delivered Vacant: Allows for immediate renovation and customization.; - Prime Waterfront Location: Steps from the East River, NYC Ferry, L & G trains.; - Large 6,500 Sq. Ft.: Offers ample space for various layouts and uses.
    (718) 710-8170
    Request Owner's contact information
    53 Franklin St Brooklyn, NY 11222
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    Brooklyn, NY 11222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53 Franklin St Brooklyn, NY 11222
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