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214 Franklin St
Brooklyn, NY 11222
Greenpoint Hotel / Apartment Building · Hospitality Property For Sale
·
23 Rooms


INVESTMENT HIGHLIGHTS
- The property boasts 30 rental units; 6 free market apartments, 1 commercial space and a 23-key hotel operation.
- Full rent roll and income & expense report is available upon request.
EXECUTIVE SUMMARY
DY Realty Group, LLC has been retained on an exclusive basis to handle the sale of 214 Franklin Street in Greenpoint, Brooklyn. The property consists of a three story building with 30 rental units; 6 free market apartments, 1 commercial space and a 23-key hotel operation. Zoning is M1-2 / R6A, MX-8. Full rent roll and income & expense report is available upon request. Contact the exclusive agents for more information about this rare offering.
PROPERTY FACTS
| Price Per Room | $717,391 | Building Size | 27,200 SF |
| Sale Type | Investment | No. Rooms | 23 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1931/2016 |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.20 AC | Opportunity Zone |
Yes
|
| Zoning | M1-2/R6A - Light industrial with offices, hotels, and most retail uses permitted/Medium density residential district | ||
| Price Per Room | $717,391 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 27,200 SF |
| No. Rooms | 23 |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2016 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | M1-2/R6A - Light industrial with offices, hotels, and most retail uses permitted/Medium density residential district |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 29 | $524.00 | - |
PROPERTY TAXES
| Parcel Number | 02522-0003 | Improvements Assessment | $2,482,200 |
| Land Assessment | $128,250 | Total Assessment | $2,610,450 |
PROPERTY TAXES
Parcel Number
02522-0003
Land Assessment
$128,250
Improvements Assessment
$2,482,200
Total Assessment
$2,610,450
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