448 Franklin Ave 0

Douglas Elliman Exclusive! Introducing 448 Franklin Ave/126 Putnam Ave, a 3 story Two family Mixed-Use corner property located in this thriving and diverse neighborhood bordering Clinton Hill and Bedford Stuyvesant. This 3600 sq. ft. beauty is the perfect opportunity for the right owner/investor/developer. Built in 1930 it sits on a 20x81 lot, is zoned R6A with an FAR of 3, offering an addition 1,200 plus buildable square feet. Located at the corner of Putnam Ave and Franklin Ave, this magnificent structure is just three short blocks from the C/S trains at Franklin Ave Fulton St and features two large residential apartments, two high income generating commercial units and a two car garage. The two residential units are similar in size and layout each featuring four large bedrooms, large bathroom, Skylight, sliding doors, original molding, high ceilings and much more. The larger of the two commercial units with its' entrance on Franklin Ave is used as a Deli/Grocery Store measuring approximately 600 sq. ft. while the second commercial units with its entrance on Putnam Ave is used as a liquor store and measures approximately 400 sq. ft. Both stores have approximately the same amount of space allocated in the basement as their store size. Very well maintained throughout the years, this home has all new mechanicals including a new boiler, new hot water tank, upgraded electrical and new roof. Just a quick train ride to cultural Mecca that is Downtown Brooklyn including Barclays Center, Bam, LIU and diverse shopping, It's also within walking close proximity to many new small business establishments such as Supermarkets, Bars, Coffee Shops and Cafes. Don't miss this fantastic opportunity to be a part of the exciting neighborhood. Price is negotiable. Kindly contact the listing agent for additional information and private viewing.