by RH Advisors

See Home Value
$1,650,000
Townhouse - Off Market

586 Franklin Avenue

Brooklyn, NY 11238
bedrooms
Studio
bathrooms
0 Bath
$2,711,893
RealtyHop Estimate
64.36%
Since Feb 1, 2016
NY-New York
Primary Model

About This Property

Classic and Chic 4-story, 2-family, 20ft wide brownstone with 3,200sqft of useable space and many preserved details in arguably one of the most exciting Brooklyn brownstone neighborhoods. The property can easily be converted to a 4-family with an excellent return or used in its current state as a 2 family to create a residence with triplex and garden rental unit. Additional FAR available giving many options for this unique property. Possibly to add 5 foot extension. Sitting where Prospect Heights meets Crown Heights you can easily discover all that Brooklyn has to offer with nearby Brooklyn Flea, Bergn, many local eateries, picturesque cafes & artisanal shops plus subway access is a breeze with the C Franklin stop just a few blocks away. Mechanicals are in good condition as well as the roof and facade. Fully functioning and awaiting your cosmetic upgrades. Full ceiling height basement giving the new owner 5 floors to work with. Original pocket doors, shutters, floors, moldings & mantels plus high ceilings through out and floor to ceiling windows give this property an open, airy yet historic feel.
Unit Size
-
Days on Market
139 days
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 3 months ago (RLS #CORC-3498543)

Price History

Date / Event Date Event Price
Jan 27, 2016 Sold to 586 Franklin Llc $1,650,000
Sold to 586 Franklin Llc
Sep 10, 2015 Listed by Corcoran Group $1,650,000
Listed by Corcoran Group
Jul 27, 2015 Sold to Dlrc Holdings Llc $1,350,000
Sold to Dlrc Holdings Llc

Property Highlights

Exterior Details

Property Information

Year Built: 1910

Building Information

Pets Allowed: Building No

Land Information

Tax Lot: 0051
Tax Block: 1134
Location Details
Subdivision Name: Crown Heights


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$1,640,000 Feb 4, 2021
$1,640,000 Jul 21, 2021
-
Townhouse
Stu
-
-
$1,750,000 Jan 24, 2021
$1,750,000 Jul 27, 2021
-
Townhouse
7 Beds
5 Baths
-
$1,450,000 Aug 12, 2018
$1,450,000 Dec 13, 2019
-
Townhouse
4 Beds
4 Baths
3,056 ft²
$556/ft²
$1,700,000 Sep 30, 2021
$1,700,000 May 17, 2022
-
House
3 Beds
2 Baths
-
$1,650,000 Nov 2, 2016
$1,650,000 Apr 17, 2017
-
Townhouse
5 Beds
3 Baths
-
$1,695,000 Apr 1, 2020
$1,695,000 Nov 11, 2021
-
Multifamily
Stu
-
-
$1,980,000 Mar 11, 2020
-
-
Land
Loft
-
-
$1,800,000 Oct 29, 2022
-
$274/mo
Condo
1 Bed
2 Baths
1,447 ft²
$1,037/ft²
$1,500,000 Dec 4, 2022
-
$1,122/mo
House
4 Beds
4 Baths
-
$1,600,000 May 3, 2023
-
$189/mo
House
4 Beds
5 Baths
6,184 ft²
$306/ft²
$1,895,000 May 12, 2020
-
-
Condo
3 Beds
2 Baths
1,400 ft²
$1,139/ft²
$1,595,000 Mar 31, 2022
-
$1,405/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20150910
09/10/2015
Studio
-
-
$1,650,000
bedrooms
Studio
bathrooms
-
$1,650,000
01/27/2016
Brooke Safford
Corcoran Group

Building Info

586 Franklin Avenue 586 Franklin Avenue, Brooklyn, NY 11238
  • 2 Units
More about this Building
586 Franklin Avenue
Want to find out who owns 586 Franklin Avenue, Brooklyn, NY 11238? Get detailed property transactions here .

About Central Brooklyn


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