212 FRANKLIN Street Brooklyn, NY $ 5,300,000
212 FRANKLIN Street
$ 5,300,000
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212 FRANKLIN Street

Brooklyn, NY, 11222
$ 5,300,000
Bedrooms5 Baths3.1 Sq 3,500

Monthly Estimate*

$ 33,065

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Commercial Property for sale in Brooklyn, NY

for $5,300,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,500 square foot building was built in 1931.

Welcome to 212 Franklin Ѕtreеt, onе of thе mοѕt distinctivе рrοрertіes in Greenpoint , Brooklyn.

This 25-foot-wide, brick fa ade, 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 of the 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.

Currently generating a strong income stream, 212 Franklin boasts a cap rate of 5.29%, with a projected cap rate that can easily grow to 6.2%, making it a high-income investment opportunity in one of Brooklyn's most desirable neighborhoods.

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Commercial Active

Price

$ 5,300,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Commercial

Taxes

$ 11,112

Style

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20024453

Features
Interior
Interior Amenities SmokeFree
Basement Other
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Fireplace Y/N No
Half Baths 1
Laundry Features BuildingOther WasherHookup InUnit
Total Bedrooms 5
Entry Level 1
Total Baths 4
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General
Cooling CentralAir
Appliances WasherDryerAllowed
Garage Spaces 0.0
Patio/Porch Features Terrace
Pets Allowed BuildingYes No
Year Built 1931
View Other
Property Subtype MixedUse
County Kings
New Construction No
Property Type Residential
Subdivision Name Greenpoint
Garage Y/N No
Building Features GreenBuilding
Total Rooms 7
Full Baths 3
City New York City
Number Of Units Total 3
Lot Size Units SquareFeet
Land Lease Y/N No
Tax Annual Amount 11112.0
Structure Type MixedUse
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Tax Lot 0002
Expected Active Date 2025-05-16
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Exterior
Exterior Amenities PrivateOutdoorSpaceOver60Sqft
Lot Size Area 1750.0
Building Area Total 3500.0
Lot Dimensions 70.00x25.00
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Internal Only
Street Number 1 212
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* Excluded Features
List By
Christopher V Cavorti

Listing Agent

Corcoran Group

Broker

(914) 804-7091

Phone

Affordability Calculator

$33,991
Per Month
97%
3%
0%
Monthly Principal & Interest
$33,065
Monthly Property Taxes
$926
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$5,300,000 Listed Price

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212 FRANKLIN Street, Brooklyn, NY, 11222 is a Commercial Property for sale at $5,300,000 with 3,500 sqft. 212 FRANKLIN Street has 5 bedrooms, 3.1 baths, and was built in 1931. The property's zip code is 11222 which is in Brooklyn, NY