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47 Franklin St
Brooklyn, NY 11222
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Prime Greenpoint Mixed-Use Asset
- 100% FM Residential and A+ retail location | Above a 6% Return on in-place income at asking price
- Steps From the Brand New Bushwick Inlet Park & Major Waterfront Development
- Established and Well Performing Restaurant Tenant with Long Term Lease
- Located on Franklin Street and Calyer Street – One of Greenpoint’s Most Sought-After Retail Corridors
- Over 2,000 luxury units planned within 4 block radius which will only make retail rents climb in the immediate future
Property Facts
| No. Units | 6 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 5,625 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | ||
| Zoning | M12R6B - Special Mixed-Use District entry combining light manufacturing (M1-2) and medium-density contextual residential (R6B) regulations. It allows commercial, light industrial, and residential uses to coexist, typically preserving a 4-to-5-story row house. | ||
| 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 | M12R6B - Special Mixed-Use District entry combining light manufacturing (M1-2) and medium-density contextual residential (R6B) regulations. It allows commercial, light industrial, and residential uses to coexist, typically preserving a 4-to-5-story row house. |
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 |
|---|---|---|---|
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | 02589-0014 | Improvements Assessment | $1,646,100 |
| Land Assessment | $6,300 | Total Assessment | $1,652,400 |
Property Taxes
Parcel Number
02589-0014
Land Assessment
$6,300
Improvements Assessment
$1,646,100
Total Assessment
$1,652,400
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