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23415705
24702058

212 Franklin St, Brooklyn, NY 11222

The Corcoran Group Brooklyn
Listed by The Corcoran Group Brooklyn
$5,300,000
413 days on market
Updated 18 days ago

212 Franklin Street

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 3,500
Units 2
Year Built 1931
Year Renovated 2014
Buildings 1
Lot Size (SqFt) 1,750

Mixed Use | 3,500 SqFt

Marketing description

Welcome to 212 Franklin Street, one of the most distinctive properties in Greenpoint, Brooklyn.

This 25-foot-wide, brick façade, metal-framed mixed-use townhouse was completely rebuilt in 2014 to seamlessly blend high design with modern functionality, making it an ideal opportunity for both end-users and savvy investors.

The property is configured as a two-unit residence over store, featuring a full-floor two-bedroom, one-bath apartment with private outdoor space, a spacious 3.5-bedroom, two-bath penthouse with a rooftop terrace, and a ground-floor retail space that includes a private yard and a finished lower level. This thoughtful layout offers exceptional income potential while providing the flexibility to occupy part or all ofthe residential section.

Whether maintained as a high-performing investment or converted into a luxurious single-family home, the design and scale of 212 Franklin rival the finest townhouses on the market.

With its versatile usage, elevated finishes, and impressive earning potential, this property is ready to deliver both high yield and refined living.

Fully occupied with tenants in place, 212 Franklin is currently generating stable, in-place income and boasts a cap rate of 5.45%, with a projected cap rate that can grow to 6.47%, making it a compelling, income-producing investment in one of Brooklyn’s most desirable neighborhoods.

Listing Contacts

The Corcoran Group Brooklyn
Listed by The Corcoran Group Brooklyn

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Map

Zoning

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R6B ResidentialMulti FamilyGeneral Residence
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View all 99 uses
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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