Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,315,000

· Closed May 26, 2021

583 Franklin Avenue #1
Closed For Sale Condo

$1,315,000

$896 per sq ft

583 Franklin Avenue #1

Crown Heights, Brooklyn

MLS® #RLS10674689

RLS at REBNY

Listing by Compass

2

Bedrooms

2.5

Baths

1,468

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,468 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $455/mo
Property Taxes $10,476/yr
Neighborhood Crown Heights
Floor 1 of 4

Property Highlights

  • Exposure: East,North facing
  • Outdoor Space: Patio, Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 1 of 4
Exposure East,North
Cooling Central Air
Pets Yes
Cross Street Atlantic Avenue/Pacific Street
Year Built 2017
Living Area 1,468 sq ft
Parcel # 01199-1101
Block/Lot 1199/3

Listing History

Event Date Price Change
Listed Apr 19, 2017 $1,315,000 -
Currently May 18, 2026 $1,315,000 -

Description

Welcome to 583 Franklin ave Unit # 1 situated on the cusp of 3 neighborhoods - Clinton Hill/Crown Heights & Prospect Heights Brooklyn. This spacious 2 Bed 2.5 Bath Duplex Condo features the rare luxury of over 900 square Feet of duplexed private outdoor space. This unit features wide white oak flooring throughout, custom closets, recessed lighting, and in-unit Whirlpool stacked laundry. The Kitchen boasts stainless steel appliances-including refrigerators, dishwashers, and ranges by Samsung and Caesar stone countertops and backsplashes . The Serene bathrooms feature white and grey Herringbone honed tile flooring, Duravit Architect soaking bathtubs, Italian GB Group vanities, and fixtures by Grohe and Hansgrohe. The large master bedroom easily accommodates a king size bed and wardrobe while featuring an ensuite bathroom with a spa like shower. The 2nd bedroom can be used as the perfect nursery, home office, or guest room. Both the master and 2nd bedroom have north eastern exposure allowing morning sun to pour into your bedroom. The large downstairs recreation room can easily accommodate a home office, home gym and cozy living space perfect to Netflix and chill. The downstairs has high ceilings and lots of light via the large glass sliding doors featuring northeastern exposure. Residents in the building enjoy the large shared Roof Deck with city skyline views. 583 Franklin is located off of Franklin Ave filled with restaurants, cafes, shopping and easy access to A/C, S, and the 2,3,4,5 Trains.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed

Exterior Features

Patio Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $455/mo
RE Taxes $10,476/yr ($873/mo)
Sale Price $1,315,000

Crown Heights is a dynamic and architecturally rich neighborhood in central 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 active 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

91

Median Asking Price

$1.57M

Median $/Sqft

$1,001

Avg Days on Market

N/A

New This Week

6

Price Reduced

23%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 7:28 PM EST

Similar Listings in Crown Heights

View All

Location

Loading map...

583 Franklin Avenue #1, Crown Heights, Kings County • Near Atlantic Avenue/Pacific Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2017
Year Built
9 years old
4
Floors
4
Residential Units
M1-2A/R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $594,450
Land Value: $79,201
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,758 SF
Building Area: 3,551 SF
Built FAR: 2.02
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $455 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,476, or roughly $873 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,468 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,315,000 for 1,468 sq ft, the asking price per square foot is approximately $896. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10674689
First Listed: 4/19/2017
Closed: 5/26/2021
Contract Date: 10/11/2020

Listing Courtesy of Compass - Steve Schaefer

Listing Contact: (646) 773-0196

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 5/18/2026 at 11:28 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton