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43 Franklin St., Brooklyn, NY 11222

$3,950,000
Listing Details:
$3,950,000 Price
Townhouse Property Type
Greenpoint Neighborhood
8 Beds
7 Baths
4,400 Approx. Sq. Ft.
$605 RET
Key Features:
Prewar
Laundry
Allows Pets
Rooftop Access
Storage
Unit Garden
Description:

43 Franklin Street is a four-unit multifamily building in Greenpoint. The building was built in 1932, and measures 26’ wide, by 42’ long, on a 66’ deep lot. The 4,400-square-foot building is ‘overbuilt’ due to the current zoning, and does not have any additional buildable air rights. Each floor is approximately 1,100 square feet, and there is a full 1,100-square-foot windowed basement. From the third floor and fourth floors you have Manhattan skyline and river views.

The ground floor is currently leased to The Diamond Bar, a well-established local watering hole which has been in business there since 2007. Known for their extensive games including shuffleboard and slot cars, they also have use of the backyard and basement. The Diamond has an additional two years remaining on their lease.

The three rental apartments are in good condition with wide plank pine flooring, updated white tile bathrooms, through-the-wall air conditioning, and electric heaters. Each floor is a two-bedroom flex, with home office and one to two bathrooms. With windows in the front and back facing east and west, the building gets good light. All residential apartments to be delivered vacant.

Located on Franklin Street between Quay and Calyer, this is a prime Greenpoint location. Close to Williamsburg, and lots of local North Brooklyn local attractions. The building is not landmarked which makes any renovation plans you might have in mind much easier! Interior photos coming soon. M1-2/R6B, MX-8 zoning.

Agent:
Win Brown Lic. RE Salesperson
Lic. as Donald Winchester Brown

Discuss this property with Win and Ivana: