Multifamily
728 Franklin Avenue
728 Franklin Ave, Brooklyn, NY 11238
Listing Price: $4,995,000
Cap Rate
7.00%
Number of Units
12
GRM
13.94
Price/Unit
$416,250
Price/Gross SF
$649.71
Gross SF
7,688
Investment Overview
Marcus and Millichap is pleased to offer 728 Franklin Avenue, located in the heart of Crown Heights. 728 Franklin Avenue offers investors a compelling opportunity to acquire a stabilized mixed-use asset in one of Brooklyn’s most dynamic neighborhoods.
Investment Highlights
- Built in 1906, 728 Franklin Avenue includes 12 units spanning 4 stories, approximately 7668 sq. ft.
- Includes both rent-stabilized and free-market units, offering long-term stability and upside through unit turnover.
- Situated along the vibrant Franklin Avenue corridor, surrounded by cafés, boutiques, and new developments.
Listing Price: $4,995,000
Cap Rate
7.00%
Number of Units
12
GRM
13.94
Price/Unit
$416,250
Price/Gross SF
$649.71
Gross SF
7,688
Investment Highlights
- Built in 1906, 728 Franklin Avenue includes 12 units spanning 4 stories, approximately 7668 sq. ft.
- Includes both rent-stabilized and free-market units, offering long-term stability and upside through unit turnover.
- Situated along the vibrant Franklin Avenue corridor, surrounded by cafés, boutiques, and new developments.
Investment Overview
Marcus and Millichap is pleased to offer 728 Franklin Avenue, located in the heart of Crown Heights. 728 Franklin Avenue offers investors a compelling opportunity to acquire a stabilized mixed-use asset in one of Brooklyn’s most dynamic neighborhoods.

