212 FRANKLIN Street
MLS® #RLS20024453
Listing by Corcoran Group
5
Bedrooms
3.5
Baths
3,500
Sq. Ft.
1931
Year Built
Quick Summary
Property Highlights
- Views: Other
- Outdoor Space: Terrace
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Dec 1, 2025 | $5,300,000 | - |
| Currently | May 4, 2026 | $5,300,000 | - |
Description
Welcome to 212 Franklin Street, one of the most distinctive properties in Greenpoint , Brooklyn.
This 25-foot-wide, brick facade, 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.
Please call or email for more details.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Greenpoint
View All Greenpoint ListingsGreenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.
Greenpoint Live Market Data
View NeighborhoodActive Listings
50
Median Asking Price
$1.93M
Median $/Sqft
$1,544
Avg Days on Market
N/A
New This Week
3
Price Reduced
14%
Sold (30 Days)
4
Median Sale Price
$2.15M
Live data from RLS at REBNY • Updated 5/3/26, 10:22 PM EST
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Location
212 FRANKLIN Street, Greenpoint, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $11,112, or roughly $926 per month. Verify the current assessment with your attorney before closing.
This property has 5 bedrooms and 3 full bathrooms and 1 half bathroom.
The listed interior living area is 3,500 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1931, making it approximately 95 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $5,300,000 for 3,500 sq ft, the asking price per square foot is approximately $1,514. 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) 416-7433Listing Courtesy of Corcoran Group - Christopher V Cavorti
Listing Contact: (914) 804-7091
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 Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:22 AM UTC