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47 Franklin St
Brooklyn, NY 11222
Multifamily Property For Sale · 6 Units

Executive Summary

The New York Multifamily team is pleased to offer 47 Franklin St, a 6-unit Multifamily Property at Greenpoint neighborhood for $7,250,000.

Property Facts

Price Per Unit $1,208,333
Sale Type Investment
Cap Rate 6.10%
Gross Rent Multiplier 14.6
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 5,625 SF
No. Stories 3
Year Built 1931
Zoning M1-2/R6B/MX-8

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -

Property Taxes

Property Taxes

Parcel Number
02589-0014
Land Assessment
$6,300
Improvements Assessment
$1,453,500
Total Assessment
$1,459,800
  • Listing ID: 39675540

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 47 Franklin St, Brooklyn, NY 11222

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