The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,750,000
760 Franklin _Use Ave Unit Mixed
Brooklyn, NY, 11238
View more Brooklyn, NY property pages6Beds
4Baths
4,360Sqft
$631$/sqft
Listing Notes
Introducing 760 Franklin Avenue, an early-twentieth century, fully free market, mixed-use property in the vibrant neighborhood of Crown Heights, nestled between Saint Johns & Lincoln Place. This exceptional property features three units: a commercial space on the ground floor and two residential floor-through units above. The building is situated on a 20 ft 92 ft lot with building dimensions of 20 ft 55 ft, offering 2, 999 sq ft of unused FAR and R7A, C2-4 zoning, making it a prime value-add opportunity in a non-landmarked district. The current rent roll is below market, providing upside with improvements. Perfect for an investor or end-user with 1031 exchange needs. 760 Franklin Avenue presents significant untapped potential and may be delivered vacant. Only a short jaunt from Prospect Park, as well as transportation such as the S, 2, 3, 4 & 5 trains at Franklin Av. Local favorites include Brooklyn Museum, Library, & Botanic Garden, Altar, Arden, Ras Plant Based, Mayfield, Barboncino Pizza & Bar, Chavela's, MISC, and everything else that fabulous Crown Heights and neighboring areas offer.
Market Insights
Below nearby median-59%
$631/sqft vs a nearby median of $1529/sqft.
Nearby median$1529/sqft
Nearby properties8
Property size4,360 sqft
- -59% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,360 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$6.77M$6.16M – $7.38M · 50% confidence
vs ask $2.75M−$4.02M (−146.0%)
Asking price is about 146.0% below the fair value — likely to draw competing offers if it's still on market.
$1,529/sqft median across 8 tight comps × 4,360 sqft= $6.67M
- Days-on-market gravity−$200k −3.0%
- Transit access+$167k +2.5%
- Pre-war character+$167k +2.5%
- Visible condition issues−$33k −0.5%
Cumulative NYC adjustments+$100k+1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 572 days
- Last price change
- No change recorded
- Listed
- Oct 17, 2024
- Photos
- 29 photos
- Property type
- apartment
- Status
- for sale
Features & Amenities
Two Or More StoriesRental PropertyLibrary
Photos
Building Facts
- Year built
- 1910
- Stories
- 3
- Total units
- 4
- Residential units
- 2
- Building area
- 4,360 sqft
- Lot size
- 1,840 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- S9
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,750,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations1 open
8 total recorded
ACRIS documents46
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,223
Top: illegal parking
Top complaint types in ZIP 11238
- Illegal Parking6,166
- HEAT/HOT WATER3,070
- Noise - Residential2,033
- Noise - Helicopter1,915
- Noise - Street/Sidewalk1,377
Recent HPD
- Mar 5, 2014Class B · SECTION 27-2026 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE CONNECTION AT WASTELINE FOR SINK IN THE KITCHEN LOCATED AT APT 3FL, 3rd STORY
- Mar 5, 2014Class B · SECTION 27-2005 ADMIN. CODE: PROPERLY SECURE THE LOOSE 2ND WOODEN TREAD STEP FROM BOTTOM AT PUBLIC HALL, 1st STORY
- Mar 5, 2014Class B · SECTION 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE PRIVATE HALLWAY LOCATED AT APT 3FL, 3rd STORY
- Mar 5, 2014Class B · SECTION 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR THE CEILING IN THE PRIVATE HALLWAY LOCATED AT APT 3FL, 3rd STORY
Recent Transfers (ACRIS)
- Sep 2, 2025DEED$2,700,000
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.