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Floor Plans
Map
$2,185,000
↓ $165K (7%)
●
Multifamily -
For Sale
363 Franklin Avenue
Brooklyn, NY 11238
7 Beds
7 Baths
3798 Sqft
Upcoming Open House
10AM - 11AM, Thu, May 2 -
Book now
$11,858
Estimated Monthly
$1
HOA / Fees
18.60%
Cap Rate
About This Property
BED STUY/ CLINTON HILL 3 FAMILY TOWNHOUSE
LOCATION... LOCATION... LOCATION...
20 BY 65 HOUSE
20 BY 100 LOT SIZE
3 UNITS WITH BONUS STUDIO SPACE
Monthly Rent (Current. All 3 leases expire on July 31, 2024)
1: $3,750
2: $3,025
3. $3,450
Total Revenue: $10,225 pm ($122,700 annual)
RE Taxes: $13,537 (2023/24)
Insurance: $3,500 (2023/24)
Total Tax + Insurance: $17,037
Total Income: $105,663
Projected Market Rent for (2024/25)
1: $3,900
2: $3,200
3: $3,550
Total: 10,650 pm ($127,800 annual)
LOCATION... LOCATION... LOCATION...
20 BY 65 HOUSE
20 BY 100 LOT SIZE
3 UNITS WITH BONUS STUDIO SPACE
Monthly Rent (Current. All 3 leases expire on July 31, 2024)
1: $3,750
2: $3,025
3. $3,450
Total Revenue: $10,225 pm ($122,700 annual)
RE Taxes: $13,537 (2023/24)
Insurance: $3,500 (2023/24)
Total Tax + Insurance: $17,037
Total Income: $105,663
Projected Market Rent for (2024/25)
1: $3,900
2: $3,200
3: $3,550
Total: 10,650 pm ($127,800 annual)
Unit Size
3,798Ft²
Days on Market
67 days
Land Size
0.02 acres
Price per sqft
$575
Property Type
Multifamily
Property Taxes
$1,128
HOA Dues
$1
Year Built
2009
Listed By
Last updated: 13 hours ago (RLS #COMP-1517646912411077297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | Price Decreased |
$2,185,000
↓ $165K
(7%)
|
|
| Price Decreased | |||
| Feb 23, 2024 | Listed by Compass | $2,350,000 | |
| Listed by Compass | |||
| Jun 30, 2015 | Sold to Shikhar S Shah | $1,850,000 | |
| Sold to Shikhar S Shah | |||
| Dec 15, 2010 | Sold to Ndeye Anta Niasse | $823,750 | |
| Sold to Ndeye Anta Niasse | |||
| May 28, 2008 | Sold to Mazal 37 Corp | $280,000 | |
| Sold to Mazal 37 Corp | |||
Property Highlights
Interior Details
Bedroom Information
Bedrooms: 7
Bathroom Information
Full Bathrooms: 7
Interior Information
Interior Features: High Ceilings
Flooring Type: Hardwood
Living Area: 3798
Room Information
Laundry Features: See Remarks
Rooms: 12
Exterior Details
Property Information
Year Built: 2010
Building Information
Pets Allowed: Building No, Cats O K, Dogs O K
Lot Information
Lot Size Dimensions: 961 x 1
Land Information
Tax Lot: 4
Tax Block: 01971
Financial Details
Tax Annual Amount: $13,536
Location Details
Subdivision Name: Bedford-Stuyvesant
Stories Total: 3
Association Fee: $1
Association Fee Frequency: Monthly
Upcoming Open House
10AM - 11AM, Thu, May 2 -
Book now
363 Franklin Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
7
Beds
5
Baths
2,438 ft²
$738/ft²
$1,799,000
May 3, 2018
$1,799,000
Aug 31, 2018
-
Multifamily
6
Beds
3
Baths
2,931 ft²
$623/ft²
$1,825,000
Feb 2, 2022
$1,825,000
Jun 24, 2022
-
Sold
Townhouse
6
Beds
4
Baths
3,600 ft²
$708/ft²
$2,550,000
Nov 4, 2017
$2,550,000
Jul 11, 2018
-
Sold
Townhouse
6
Beds
5
Baths
3,360 ft²
$769/ft²
$2,585,000
Mar 4, 2022
$2,585,000
Nov 7, 2022
-
Multifamily
7
Beds
3
Baths
-
$1,970,000
May 2, 2023
$1,970,000
Sep 22, 2023
-
Multifamily
5
Beds
4
Baths
2,955 ft²
$728/ft²
$2,150,000
Oct 14, 2022
$2,150,000
Jun 13, 2023
-
In Contract
Townhouse
7
Beds
4
Baths
3,600 ft²
$611/ft²
$2,200,000
Oct 2, 2023
-
-
Active
Townhouse
7
Beds
4
Baths
3,000 ft²
$733/ft²
$2,199,000
Oct 2, 2023
-
$421/mo
In Contract
Townhouse
7
Beds
3
Baths
3,152 ft²
$635/ft²
$2,000,000
Oct 19, 2023
-
$292/mo
Active
Townhouse
7
Beds
3
Baths
3,000 ft²
$600/ft²
$1,800,000
Feb 21, 2024
-
$257/mo
Active
Townhouse
6
Beds
3
Baths
3,491 ft²
$712/ft²
$2,485,000
Mar 20, 2024
-
$450/mo
In Contract
House
8
Beds
4
Baths
3,200 ft²
$734/ft²
$2,350,000
Apr 26, 2023
-
$872/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
363 Franklin Avenue
363 Franklin Avenue, Brooklyn, NY 11238
- 3 Units
- 1 Unit for Sale
About Northern Brooklyn
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Listed by: Ante Jakic
Listing Courtesy of Compass
Last Updated: 13 hours ago
Last Checked: 11 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 13 hours ago
Last Checked: 11 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
