Details
Asset CRG Advisors (‘AssetCRG’) is pleased to announce the sale of 197 Franklin Avenue, Brooklyn, NY 11205, a three-story mixed-use building in the Bedford-Stuyvesant neighborhood of Brooklyn. The property consists of 2 residential units & 1 commercial unit. The building is located near Classon Avenue [G] Train Station. The property had value add potential and sold for $2,600,000. Isaac Matayev represented both the buyer and seller in this transaction. AssetCRG has successfully completed multiple deals with various landlords throughout New York and continues to bring value add to their clients. For investment opportunities please feel free to reach out to isaac@assetcrg.com.
- Lot Size: 2,400 SF (24′ X 100′)
- Building Size: 4,830 SF (24′ x 100′)
- Zoning: R6B
- F.A.R (As Built): 2 (1.85)
- Cross Streets: DeKalb Avenue & Willoughby Avenue
- Transportation: [G] subway lines at Classon Avenue
- Nearby Retailers: Family Dollar, Chase Bank, United States Postal Service and more
