Crown Heights Three-Family
For Sale
$2,125,000
Pending
625 FRANKLIN Ave, Brooklyn, NY 11238
Mid-century, fully free-market three-family townhouse in Crown Heights.
Property Size900 SF
Lot Size0.04 Acres
Days on Market233
Property Features for 625 FRANKLIN Ave
General Information
Standard status
Pending
Size
900 SF
Lot size
0.04 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$7,872
Building Details
Building Size
900 SF
Year Built
1920
Stories
3
Units
3
Listing Agency:
237 Smith St
Listed By:
Jerry Minsky · License #30MI0708058
(718) 942-6789
Source:
Elliman
Added: Mar 10
Changed: Oct 26
Last Checked: Oct 28 at 8:10AM
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 237 Smith St
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Investment Insights
Based on property information with market context.
Located in the heart of Crown Heights, 625 Franklin Avenue is a mid-century, fully free-market three-family townhouse. The income-producing property features three full-floor units: a ground-floor one-bedroom, one-bathroom apartment with private backyard access, and two spacious two-bedroom, one-bathroom apartments. The property was comprehensively gut-renovated in 2017 and includes all-new electrical and plumbing systems, and high-efficiency tankless boilers for every unit. The building has a stucco façade. A brand-new roof was installed in 2024, and the flashing is maintained on a four-year cycle. The fully finished basement provides ample storage cages and washer/dryer hookups. The property is sited on a 20" by 80" lot with building dimensions of 20" by 45'. It benefits from R7A/C2-4 zoning and has 3,696 square feet of unused FAR, offering a value-add and development opportunity in a non-landmarked district. The location is near Prospect Park and is well-served by transit, including the S train at Park Place and the A, C, and S lines at Franklin Avenue. Nearby cultural and culinary highlights include the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library, as well as restaurants such as Mayfield, Chavela's, Cafe Rue Dix, Arden, La'Mode BK, and Silver Rice.
Key Highlights
- Free‑market, three‑family townhouse in prime Crown Heights location.
- Fully renovated in 2017 with new electrical and plumbing systems, plus a new roof installed in 2024.**
- Income‑producing property with three turn‑key units: one 1‑bed/1‑bath and two 2‑bed/1‑bath apartments.
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Location Intelligence
Trade Area within ½ mile
6,479
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Triplex - Mid-century, fully free-market three-family townhouse in Crown Heights.
Where is this triplex located?
The property is located at 625 FRANKLIN Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: Free‑market, three‑family townhouse in prime Crown Heights location.; Fully renovated in 2017 with new electrical and plumbing systems, plus a new roof installed in 2024.**; Income‑producing property with three turn‑key units: one 1‑bed/1‑bath and two 2‑bed/1‑bath apartments.
