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 site sold for $2,600,000. The property closed for $584 per square foot. Isaac Matayev represented both the buyer and seller in this transaction. The property had value add potential consisting of 2 residential units & 1 commercial unit. 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
- Nearby Retailers: Family Dollar, The Home Depot, Chase Bank and more
