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214 Franklin St
Brooklyn, NY 11222
Greenpoint Hotel / Apartment Building · Hospitality Property For Sale
·
23 Rooms
INVESTMENT HIGHLIGHTS
- The property boasts 30 rental units; 6 free market apartments, 1 commercial space and a 23-key hotel operation.
- Full rent roll and income & expense report is available upon request.
EXECUTIVE SUMMARY
DY Realty Group, LLC has been retained on an exclusive basis to handle the sale of 214 Franklin Street in Greenpoint, Brooklyn. The property consists of a three story building with 30 rental units; 6 free market apartments, 1 commercial space and a 23-key hotel operation. Zoning is M1-2 / R6A, MX-8. Full rent roll and income & expense report is available upon request. Contact the exclusive agents for more information about this rare offering.
PROPERTY FACTS
| Price Per Room | £531,537 | Property Size | 27,200 sq ft |
| Sale Type | Investment | No. Rooms | 23 |
| Property Type | Hospitality | No. Floors | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1931/2016 |
| Costar Property Class | B | Corridor | Interior |
| Total Plot Size | 0.20 ac | Opportunity Zone |
Yes
|
| Use Class | M1-2/R6A - Light industrial with offices, hotels, and most retail uses permitted/Medium density residential district | ||
| Price Per Room | £531,537 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 0.20 ac |
| Property Size | 27,200 sq ft |
| No. Rooms | 23 |
| No. Floors | 3 |
| Year Built/Renovated | 1931/2016 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Use Class | M1-2/R6A - Light industrial with offices, hotels, and most retail uses permitted/Medium density residential district |
AMENITIES
- Business Centre
- Fitness Centre
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Suite | 29 | £388.25 | - |
PROPERTY TAXES
| Parcel Number | 02522-0003 | Improvements Assessment | £1,839,136 |
| Land Assessment | £95,024 | Total Assessment | £1,934,161 |
PROPERTY TAXES
Parcel Number
02522-0003
Land Assessment
£95,024
Improvements Assessment
£1,839,136
Total Assessment
£1,934,161
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