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    267 Franklin Ave Brooklyn, NY 11205

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    For Sale
    Contact for pricing

    New mixed-use building with commercial space and residential units.

    Property size:
    14,745 SF
    Lot size:
    0.07 Acres

    Property Features for 267 Franklin Ave

    General Information

    Size
    14,745 SF
    Lot size
    0.07 Acres

    Source: Workplace Realty Agent Yossi Zicherman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Tax Abatement

    This is a new mixed-use building featuring two commercial floors and ten residential units. The building has a gross area of 20,000 square feet. Each apartment includes two full bathrooms. The rooftop is designed as a legal loft or open space and includes prepared plumbing. A passenger elevator serves the building. Each unit is equipped with separate meters and individual AC units. The property includes large roof decks. A 15-year tax abatement is in place and expires in 2031.
    Insight Report Location Intelligence

    Current Use by Public Records

    Buy Better NY ... Wholesaler Franklin fitness Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.95692
    Latitude
    40.690186

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    FAQs

    What type of property is this?
    Mixed-use property - New mixed-use building with commercial space and residential units.
    Where is this mixed-use property located?
    The property is located at 267 Franklin Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - 15-year tax abatement expires in 2031; - Rooftop a legal loft/open space with prepared plumbing; - Nice Large Roof Decks
    (646) 461-4000
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    267 Franklin Ave Brooklyn, NY 11205
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    Brooklyn, NY 11205
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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
    267 Franklin Ave Brooklyn, NY 11205
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