Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

54 Franklin St 1 Unit Apartment Building $11,516,340 CAD ($11,516,340 CAD/Unit) Brooklyn, NY 11222

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

• "The Gateway to Greenpoint" – Strategically positioned at the intersection of Williamsburg and Greenpoint, this premier retail redevelopment occupies one of North Brooklyn’s most sought-after corridors. The location serves as a natural entry point between two of the borough’s most vibrant neighborhoods, offering unparalleled visibility and access within the area’s strongest retail pocket.

• Over 8,000 SF Above Grade + 4,000 SF Usable Basement - A substantial mixed-use building offering expansive, column-free layouts and soaring ceiling heights ideal for creative office, gallery, or mixed-use reprogramming. The lower level provides potential for workspace, storage, or amenity use.

• Delivered Completely Vacant - A rare opportunity for investors, owner-users, or boutique developers to reposition or fully reimagine the property—without the challenges of existing tenancy.

• Panoramic Rooftop Views - Sweeping skyline views of Uptown and Downtown Manhattan, ideal for hospitality or creative users seeking a distinctive environment with character and visibility.

• Prime Corner Location - Perfectly positioned at one of Greenpoint’s most visible intersections, surrounded by acclaimed restaurants, cafés, boutiques, and cultural venues that activate the area year-round.

• M1-1 Zoning with Flexible Use Potential - Allows for office, studio, retail, light industrial, or community facility use—with potential for future mixed-use conversion as the neighborhood continues to evolve.

• Part of Greenpoint’s Expanding Waterfront - 54 Franklin sits at the center of a sweeping neighborhood transformation driven by large-scale development of over 1000+ units. Benefiting from transformative nearby developments such as Monitor Point, The Greenpoint, and West Wharf, redefining the local skyline and driving long-term growth.

• Exceptional Accessibility - Minutes from the Greenpoint Avenue G Train, Citi Bike stations, and major routes connecting to Williamsburg, LIC, and Manhattan.

PROPERTY FACTS

Price $11,516,340 CAD
Price Per Unit $11,516,340 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 8,008 SF
No. Stories 2
Year Built 1931
Zoning M1-1 - Light industrial with offices, hotels, and most retail uses permitted

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02592-0020
Land Assessment
$67,619 CAD
Improvements Assessment
$322,930 CAD
Total Assessment
$390,550 CAD
  • Listing ID: 38132790

  • Date on Market: 2025-10-18

  • Last Updated:

  • Address: 54 Franklin St, Brooklyn, NY 11222

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}