Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,650,000

· Closed January 27, 2016

586 Franklin Avenue
Closed For Sale Multi Family

$1,650,000

586 Franklin Avenue

Crown Heights, Brooklyn

MLS® #RLS10056239

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1910
Neighborhood Crown Heights

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Baths null Full
Pets Yes
Year Built 1910
Architectural Style Prewar
Parcel # 01134-0051
Block/Lot 1134/0051

Description

Classic and Chic 4-story, 2-family, 20ft wide brownstone with 3,200sqft of useable space and many preserved details in arguably one of the most exciting Brooklyn brownstone neighborhoods. The property can easily be converted to a 4-family with an excellent return or used in its current state as a 2 family to create a residence with triplex and garden rental unit. Additional FAR available giving many options for this unique property. Possibly to add 5 foot extension. Sitting where Prospect Heights meets Crown Heights you can easily discover all that Brooklyn has to offer with nearby Brooklyn Flea, Bergn, many local eateries, picturesque cafes & artisanal shops plus subway access is a breeze with the C Franklin stop just a few blocks away. Mechanicals are in good condition as well as the roof and facade. Fully functioning and awaiting your cosmetic upgrades. Full ceiling height basement giving the new owner 5 floors to work with. Original pocket doors, shutters, floors, moldings & mantels plus high ceilings through out and floor to ceiling windows give this property an open, airy yet historic feel.

Building Information

Total Units 2
Style Prewar

Crown Heights is a dynamic and architecturally rich neighborhood in the heart of Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a thriving restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

80

Median Asking Price

$1.43M

Median $/Sqft

$1,153

Avg Days on Market

N/A

New This Week

13

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.17M

Live data from RLS at REBNY • Updated 3/28/26, 9:03 PM EST

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Location

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586 Franklin Avenue, Crown Heights, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS10056239
First Listed: 9/10/2015
Price Changed: 10/20/2015
Closed: 1/27/2016
Contract Date: 9/10/2015

Listing Courtesy of The Corcoran Group - Brooke Safford

Listing Contact: (303) 818-1109

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/29/2026 at 1:03 AM UTC

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