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Brick House with Income Potential
For Sale
$2,400,000
Pending

418 Franklin Ave, Brooklyn, NY 11238

Charming brick house with spacious rooms and income potential.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market259

Property Features for 418 Franklin Ave

General Information

Standard status Pending
Lot size 0.05 Acres
Property subtype Multi Family
Listing Agency: Reserved Realty LLC.
Listed By: Anne Marie
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 13 at 11:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reserved Realty LLC.

Investment Insights

Based on property information with market context.

This brick house features interior charm reminiscent of a brownstone, including hardwood floors and large rooms. The open concept design facilitates flow from the sitting room to the extra-large kitchen and full bath, complemented by a laundry/mud room that opens to an extra-long backyard. Interior stairs provide access to spacious bedrooms and an additional full bath, as well as a large 2-bedroom apartment on the top floor, offering earning potential. The basement/cellar is clean and roomy with easy access from the first floor. The property is centrally located near coffee shops, restaurants, trains, buses, bars, and specialty grocery stores.

Key Highlights

  • Centrally located with easy access to coffee shops, restaurants, trains, buses, bars, and grocery stores.
  • Includes a 2‑bedroom apartment on the top floor for potential rental income.
  • Features an open‑concept design with great flow from the living room to an extra‑large kitchen.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Nursing Home Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,932
Businesses Nearby

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Charming brick house with spacious rooms and income potential.
Where is this duplex located?
The property is located at 418 Franklin Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Centrally located with easy access to coffee shops, restaurants, trains, buses, bars, and grocery stores.; Includes a 2‑bedroom apartment on the top floor for potential rental income.; Features an open‑concept design with great flow from the living room to an extra‑large kitchen.
More about this property
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