197 Franklin Avenue, Queens | Mixed-Use | $2,600,000

Home/Completed/Investment Sales/197 Franklin Avenue, Queens | Mixed-Use | $2,600,000

197 Franklin Avenue, Queens | Mixed-Use | $2,600,000


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

Additional Information

Asset Type





Bedford Stuyvesant




Isaac Matayev




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    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com