The subject property is a 20 story corner masonry apartment coop complex with commercial/retail space along its frontage on Third Avenue. There are 14 buildings that make up this complex totaling 1, 632 apartments. The estimated population of Franklin Plaza is 4,900. The subject space is the street-level corner space that was recently occupied by Ponce De Leon Federal Bank branch. In addition to the 3,100 sq ft street level space a finished 3, 525 sq ft cellar/basement modern condition space is being offered.
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