#RLS11027358, Jason Abrishami, Listing Office: Douglas Elliman Real Estate

438 Franklin Ave New York City, NY 11238
Property details
About 438 Franklin Ave
PRIME LOCATION TOWNHOUSE w 12 rooms // 3 APARTMENTS BED STUY/ CLINTON HILL 3 FAMILY TOWNHOUSE LOCATION… LOCATION… LOCATION… 3 UNITS WITH FULL BASEMENT AND GARDEN Please email us for a property set up with the rental income and expenses. This is a property you do not want to miss. Asking price $2M * Apt 1: $3,200; Lease ends October 31, 2025 * Apt 2: $3,900; Lease ends July 31, 2025 * Apt 3: $3,600; 1-Year lease extension in progress, starting April 1, 2025 and ending March 31, 2026. This lease includes a 90-day termination clause. The tenant has agreed to the new rent of $3,600. 1. Current leases in place as of 2/18/2025 are $10.58k per month = $126.9k per annum. 2. 2024 Water & Sewer expense:$1.54k 3. 2024 Real Estate Tax: $12.88k 4. 2024: Insurance expense: $2.84k
Highlights
Summary
- MLS Number: RLS20011264
- MLS Name: RLS
- Office Name: Compass
- Office Phone: (212) 913-9058
- Listing Agent: Ante Jakic
- Agent Phone: (718) 640-8344
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Last updated on: 4/9/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,000,000
438 Franklin Ave
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
4
P.S. 3 The Bedford VillageSchool
Public District KG-5
0.1 mi
•50 Jefferson Ave
5
P.S. 56 Lewis H. Latimer School
Public District KG-6
0.2 mi
•170 Gates Ave
1
P.S. 270 Johann DeKalb School
Public District KG-5
0.5 mi
•241 Emerson Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,234. The most common annual income of people living in New York City, NY is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 438 Franklin Ave in New York City, NY and zip code 11216 in the Bedford neighborhood. This 4,414 square foot home was built in 2009. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $2,000,000.
In March 2025 more than 180 listings in New York City, NY were sold above the asking price. During the same period more than 763 listings were sold at asking price, while more than 693 were sold below. The inventory of homes for sale in New York City, NY between February and March 2025 increased by 5.1%. Listings spent 143 days on the market in March 2025, and had a median list price of $869,492 during the same period.