124 Franklin Street

124 Franklin St
Greenpoint

$3,800,000
Price
8
Beds
4,400 Sq. Ft.
$864 / Sq. Ft.
4,400
Sq. Ft.
$864
per Sq. Ft.

Description

Bring your buyers! 8 family available on franklin street in the historic district! Excellent rent roll $173,230 gross annual! Only a 5-Minute Walk to the water! Boasting a Spacious layout of 25ftx44ft and 8 One Bedroom Units, complete with a Full Basement. Situated within the Greenpoint Historical District, 124 Franklin Street sits at its heart. 4 Stories with 2 Apartments on Each Floor. Only a 5-Minute Walk to the Greenpoint Ave G-Line Subway, offering EASY Commutability. But it's not just about...Bring your buyers! 8 family available on franklin street in the historic district! Excellent rent roll $173,230 gross annual! Only a 5-Minute Walk to the water! Boasting a Spacious layout of 25ftx44ft and 8 One Bedroom Units, complete with a Full Basement. Situated within the Greenpoint Historical District, 124 Franklin Street sits at its heart. 4 Stories with 2 Apartments on Each Floor. Only a 5-Minute Walk to the Greenpoint Ave G-Line Subway, offering EASY Commutability. But it's not just about getting around-this neighborhood is surrounded by restaurants, bars, and any of life's essentials just around the corner. - This is an Excellent Rent Roll Opportunity to own a property with respectful renters that pay on time. - This is an 8 Unit Building -This is a Rent Stabilized Building - LOCATION, LOCATION, LOCATION! Other Important Details: Built in 1930/ Landmarked / Building is R6-B Zoning / Building Size: 25X44 / Lot Size: 25X70 / Taxes: $14,362.97. Annually 8 Beds/ 8 Baths 1,100 sqft per floor. Total Building is about 5,500 sqft (including basement)! Bring your buyers! Buyers must perform own due diligence. All info deemed accurate but not reliable.
  1. Listed by Amberly Sclar • BLT Minimax Realty Inc
    P: (718)-609-0800 C: (718)-501-5292 bltminimax@gmail.com

Property Details for 124 Franklin Street

Township
Brooklyn
City/Township
Greenpoint
Architectural Style
Historic
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
Greenpoint Ave
LISTING UPDATED: 12/01/2024 01:48 PM

Property Details for 124 Franklin Street

StatusActive
MLS ID3583517
Days on Market505
Taxes$14,363 / year
Maintenance-
Min. Down Pymt-
Total Rooms32.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1930
Lot Size1,750 SF / 25' x 70'
CountyKings County

Building

124 Franklin St

8 Units4 StoriesBuilt in 1930

Location

Listing Courtesy of BLT Minimax Realty Inc
Add your commute

Building Information for 124 Franklin Street

Stories4Residences8Year Built1930Building Size25' x 44'Building Sq. Ft4,400 SFLot Size1,750 SF / 25' x 70'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$19,717 per month

30 year fixed, 6.15% Interest

Principal and Interest

$18,521

Property Taxes

$1,197

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 124 Franklin Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Tax Block: 2566
  • Tax Lot: 7
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • Property Condition: EXCELLENT
  • New Construction YN: No
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 14
  • Elementary School District: Brooklyn 14
  • Elementary School: Ps 297 Abraham Stockton
  • Middle Or Junior School District: Brooklyn 14
  • Middle Or Junior School: Ms 582
  • High School District: Brooklyn 14
  • High School: A-Tech High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 8
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: FULL UNFINISHED
Room 2 Information
  • Room Level: First
  • Room Type: Additional
  • Room Description: ACCESS TO BACKYARD AND BASEMENT, (2) ONE BED APTS, 2 FULL BATHS
Room 3 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: (2) ONE BED APTS, 2 FULL BATHS
Room 4 Information
  • Room Level: Third
  • Room Type: Additional
  • Room Description: (2) ONE BED APTS, 2 FULL BATHS
Room 5 Information
  • Room Level: Other
  • Room Type: Additional
  • Room Description: 4TH FL: (2) ONE BED APTS, 2 FULL BATHS
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02566-0007
  • Tax Map Number: 02566-0007
  • Tenant Pays: Cooking Gas, Electricity
Income & Expenses Information
Income & Expenses Information
  • Fuel Expense: $1,200.00
  • Other Expense: $840.00
Interior and Exterior Features
Interior Features
  • Amenities: Historic, Near Public Transportation, Park, Public
  • Total Rooms: 32
  • Living Area Units: Square Feet
  • Basement: Bilco Door(s), Full, Unfinished
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: None, Park, Near Public Transportation
  • Elevation Certificate: No
  • Construction Materials: Block, Brick
Lot Information
  • Lot Size Dimensions: 25x70
  • Site Features: Park, Near Public Transportation
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: None, Window Unit(s)
  • Heating: Natural Gas, Hot Water, Steam
  • Heat Fuel Type: Natural Gas, Hot Water, Steam
  • Number Of Separate Gas Meters: 8
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 8
Green Features
  • Green Features: Natural Gas, Hot Water, Steam

Property History for 124 Franklin Street

DateEvent & SourcePriceAppreciation
May 1, 2025

Temporarily Off Market

ONEKEY #807609

$3,800,000—
Dec 23, 2024

Listed (Active)

ONEKEY #807609

$3,800,000—
Oct 7, 2024

Listed (Active)

ONEKEY #3583517

$3,800,000—
DateEvent & SourcePrice
05/01/2025

Temporarily Off Market

ONEKEY #807609

$3,800,000
12/23/2024

Listed (Active)

ONEKEY #807609

$3,800,000
10/07/2024

Listed (Active)

ONEKEY #3583517

$3,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Franklin Street

Taxable ValueLand$5,850Additions$1,627,650Total$1,633,500
Home Facts
Total Finished SqFt4,400 SqFtLot Size1,750 SqFtYear Built1930ZoningR6BAPN3025660007

Schools near 124 Franklin Street

This home is within New York City Geographic District #14.
Rating
School
Type
Grades
Distance
P.S. 34 Oliver H Perry
Public - PK to 5
John Ericsson Middle School 126
Public - 6 to 8
A-Tech High School
Public - 9 to 12
Williamsburg Preparatory School
Public - 9 to 12
Rating
School
Distance
P.S. 34 Oliver H Perry
PublicPK to 5

John Ericsson Middle School 126
Public6 to 8

A-Tech High School
Public9 to 12

Williamsburg Preparatory School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 124 Franklin Street, Greenpoint

124 Franklin Street is a multi-family home for sale in Greenpoint. This property was listed for sale on October 7, 2024 by BLT Minimax Realty Inc, it's currently listed at $3,800,000. This listing's school district is New York City Geographic District #14. Nearby schools include P.S. 34 Oliver H Perry, John Ericsson Middle School 126 and A-Tech High School. 124 Franklin Street is a 8-bed, 8-bath, 4,400 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BLT Minimax Realty Inc

Based on information submitted to the MLS GRID as of 12/01/2024 01:48 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.