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$2,250,000

625 Franklin Ave New York City, NY 11238

5 beds
3 full, 1 partial
Multi-Family

Property details

About 625 Franklin Ave

<p>Introducing 625 Franklin Avenue, a mid-century, fully free-market three-family townhouse in the heart of Crown Heights, ideally positioned between Bergen and Dean Streets. This income-producing asset comprises three full-floor units: a ground-floor one-bed, one-bath with private backyard access, and two spacious two-bed, one-bath apartments above-each fully turn-key. Comprehensively gut-renovated in 2017, the property boasts all-new electrical and plumbing systems, high-efficiency tankless boilers for every unit, and a stucco fa ade. The current owner installed a brand-new roof in 2024 and maintains flashing on a four-year cycle. A fully finished basement provides ample storage cages and washer/dryer hookup, further enhancing functionality and rental appeal. Sited on a 20" 80" lot with building dimensions of 20" 45', the property benefits from R7A/C2-4 zoning and an impressive 3,696 sq ft of unused FAR-an exceptional value-add and development opportunity in a non-landmarked district. Whether you're an investor seeking strong rental upside or an end-user pursuing a 1031 exchange, 625 Franklin Avenue delivers significant upside potential. Just a short stroll from Prospect Park and well-served by transit-including the S train at Park Place and the A, C, and S lines at Franklin Avenue-the location offers unrivaled convenience. Nearby cultural and culinary highlights include the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library, as well as acclaimed restaurants such as Mayfield, Chavela's, Cafe Rue Dix, Arden, La'Mode BK, Silver Rice. Experience the dynamic energy and enduring appeal of Crown Heights, Prospect Heights, and beyond at 625 Franklin Avenue.</p>

Highlights

Home typeMulti Family
StatusActive
CoolingOther
Year built1920
MLS #RLS20034012
ViewOther

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Basement: No
  • Interior: Smoke Free
  • Total Bedroom Count: 5
  • View: Other
  • Exterior: Private Outdoor Space Under 60 Sqft
  • Cooling: Other
  • List Price: $2,250,000
  • Year Built: 1920
  • MLS Number: RLS20034012
  • MLS Name: RLS
  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Jason Abrishami
  • Agent Phone: (516) 238-3520

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumers' consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/22/2025, 1:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

4

Brooklyn Arts and Science Elementary School

Public District KG-5

0.2 mi

443 Saint Marks Ave

8

P.S. 316 Elijah Stroud School

Public District KG-6

0.3 mi

750 Classon Ave

4

P.S. 3 The Bedford VillageSchool

Public District KG-5

0.4 mi

50 Jefferson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,821. The most common annual income of people living in New York City, NY is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
16%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
35%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 625 Franklin Ave

The listing price of 625 Franklin Ave property is $2,250,000.

The property 625 Franklin Ave is a multi located in New York City, New York, 11238.

Active Listing: 625 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 625 Franklin Ave are: Brooklyn Arts and Science Elementary School (GreatSchools Rating 4/10), P.S. 316 Elijah Stroud School (GreatSchools Rating 8/10), P.S. 3 The Bedford VillageSchool (GreatSchools Rating 4/10), Explore Exceed Charter School (GreatSchools Rating 6/10), P.S. 138 Brooklyn (GreatSchools Rating 6/10), Success Academy Charter School-Prospect Heights (GreatSchools Rating 9/10), Bedford Academy High School (GreatSchools Rating 9/10), High School for Global Citizenship (The) (GreatSchools Rating 4/10), Brooklyn School for Music & Theater (GreatSchools Rating 4/10).

The year of construction for 625 Franklin Ave is 1920.

This home is located at 625 Franklin Ave in New York City, NY and zip code 11216 in the Central Brooklyn neighborhood. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $2,250,000.

New York City, NY housing market in June 2025 saw over 232 listings sold above listed price, more than 1007 sold at listed price and over 715 sold below. The number of listings in New York City, NY decreased by 4.3% between May and June 2025. In June 2025 median list price was $881,252 and the average listing age was 99 days.

From Rocket Homes Real Estate and based on county public records data.

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