Here's a chance to gain a foothold in the heart of NYC's mos..

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Home Off Market

174 Franklin Street

Brooklyn, New York 11222

Kings County

Community: 

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$3,250,000 4 br, 3.0 bath 0 sq. ft. 0.000 acres

Here's a chance to gain a foothold in the heart of NYC's most dynamic and fastest growing waterfront neighborhood! Honored with the NYC Grassroots Preservation Award by the Historic Districts Council in 2010, 174 Franklin Street is a beautifully renovated mixed-use townhouse on Greenpoint's most vibrant landmarked retail corridor. This 21-foot wide brick building comprises a lofty floor-through retail space with basement storage below, and two light-filled two-bedroom apartments above. The entrance to the retail space is flanked by the building's original ornate steel columns, and the ceiling heights here soar over 11 feet high. This gorgeous retail showplace is perfect for a wide range of uses, and comes complete with changing rooms, a new bathroom, and windows that look onto the backyard. Upstairs you'll find two beautiful 2-bedroom apartments with original stone fireplace mantles, French doors, renovated eat-in kitchens, and large windows that face out onto the garden below. The top floor apartment is particularly dramatic, with a central skylight that bathes the space in light all day long. The apartments have their own separate entrance to the building and the garden, which is a tranquil and sunny oasis from the bustle of Brooklyn. Pending approval from the City, there's potential to add more living space on the roof, and to install a roof deck with sweeping views. 174 Franklin Street is right in the middle of Greenpoint's best restaurants, bars, boutiques and other amenities, including Greenpoint Beach, WNYC Transmitter Park, Elder Greene, The Pencil Factory, Di An Di, Calexico, The Farmer's market, and McCarren Park. The G train is around the corner and NY Waterway Ferry terminal is a stone's throw away. Just outside your door, the Brooklyn Greenway bike path will take you along the Brooklyn coast all the way to Coney Island and beyond.,LOCATION, LOCATION, LOCATION! AWARD-WINNING LANDMARKED MIXED-USE BUILDING W/ AIR RIGHTS! This unique brick house consists of two upper residential two-bedroom apartments, and a fully renovated retail storefront. The strikingly handsome prewar brick facade won the Landmark Preservation Grassroots Award in 2010 after undergoing a redesign. The building is perfectly maintained and positioned on one of the best blocks on prime Franklin Street; the most sought after and polished strip for boutiques, restaurants, and cafs in Greenpoint. On the ground floor, a fashion-forward clothing boutique impresses pedestrians with a prominent glass storefront showcase, dramatic 11ft. ceilings, a bathroom, and basement storage. Through the private resident's entrance, a corridor leads to a well-maintained patio and garden with a raised bluestone deck and custom built-ins, ideal for gardening, lounging with a book, or BBQ-ing and entertaining guests; a true treasure for its' residents.

The second and third-floor apartments are currently occupied, but can be delivered vacant as of August 2017. They feature two floor-through two-bedroom, one bathroom apartments with sun-bathed bedrooms at the front of the building, open living rooms, and high ceilings that create a loft-like feel that "Brooklynites" seek. The large eat-in kitchens feature updated cabinetry, stainless steel appliances, granite counter-tops, ample storage, and two large windows facing into the backyard patio. In addition, the luminous upper level unit has a recently fully renovated bathroom. Charming original details are carried throughout both units including original French doors and fireplaces. The upper unit features an open skylight allowing sunlight to pour into the apartment throughout the day. The two residential floors could be combined to create an impressive owner's duplex with retail income and a backyard, or the building could simply serve as a "cash cow" income-producing property with a Greenpoint location that is nearly impossible to beat! A huge bonus to this property is the approx. 352SF of air rights. If approved by the Landmark Preservation Society and NYC DOB, this could translate to a common landscaped roof enclosure for the residents to enjoy, or an added penthouse multi-purpose living space.

Located just a few short blocks from the G Train and the NY Waterway Ferry Terminal, the building boasts optimal convenience for transportation between Greenpoint and Manhattan. Greenpoint is one of the fastest growing neighborhoods in New York City with over 4,000 proposed new residential units in the pipeline, set to undergo tremendous growth over the coming years.
Building Size & Built SF: - - - - - - - - - - - - - - - - - - - - 21' X 45' | 2,835 SF
Lot Size & Lot SF: - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 21' X 69' | 1,449 SF
Zoning: - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - R6
FAR: - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2

Interior:
  • Bedrooms: 4
  • Baths: 3.0
  • Sq Ft: 0
  • Year Built: 1931
  • Utilities: 
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  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • MLS #: OLRS-0069174
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Contact Information:
Beach Home Off Market in Brooklyn, New York
Ad Number: 1658641
Viewed 145 times.
Updated: Aug 01, 2021

This property is a Home located at 174 Franklin Street, Brooklyn, New York 11222, and is currently Off Market at $3,250,000. This Home has 4 bedrooms, 3.0 baths, 0 sq ft.

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