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688 Franklin Avenue, Brooklyn, NY 11238 Property Information

688 Franklin Avenue, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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688 Franklin Avenue, Brooklyn, NY 11238 1
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Address

Primary address 688 Franklin Avenue
Neighborhood Crown Heights
Zip code 11238
Borough Brooklyn
Block & lot 01163-0049

Sales & Tax Overview for 688 Franklin Avenue, Brooklyn

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Purchase date 01/09/2008
Purchase price $600,000
Tax class

Lot & Building Information for 688 Franklin Avenue, Brooklyn

Lot sq. ft. 2,000
Lot dimensions 20 ft x 100 ft
Property type Primarily Two Family with One Store or Office (S2)
Building sqft 3,000
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 3
Year built 1930
Construction type
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Zoning & Use for 688 Franklin Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.82 Miles
Closest fire station 0.25 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 688 Franklin Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 688 Franklin Avenue, Brooklyn, NY 11238, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 688 Franklin Avenue, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 688 Franklin Avenue, Brooklyn

How many sq. ft. does 688 Franklin Avenue, Brooklyn, NY 11238 have & what is the price per sq. ft?

This Primarily Two Family with One Store or Office (S2) located at 688 Franklin Avenue, Brooklyn, NY 11238 has a total of 3,000 square feet and a current price per square foot of $200.

What is the year built & the current market value of 688 Franklin Avenue, Brooklyn, NY 11238?

688 Franklin Avenue, Brooklyn, NY 11238 was built in 1930 and has a current tax assessor's market value of $1,453,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 688 Franklin Avenue, Brooklyn

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Property owner name for 688 Franklin Avenue, Brooklyn, NY 11238
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Building contacts for 688 Franklin Avenue, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 688 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 688 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
01/09/2008 $600,000

Title Documents for 688 Franklin Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/15/2018 - R
01/19/2018 - D
Easement
(2018031500215001)
02/07/2018 - R
01/19/2018 - D
Easement
(2018020600877001)
02/01/2018 - R
01/19/2018 - D
Easement
(2018013100063001)
01/29/2008 - R
01/09/2008 - D
Deed
(2008011000599001)
06/03/1997 - R
05/28/1997 - D
Deed
(3570005641557)
09/15/1992 - R Satisfaction of Mortgage
(3290001714529)
05/13/1987 - R
05/08/1987 - D
Deed
(3590001265059)
04/06/1987 - R
01/15/1987 - D
Deed
(3440001254944)
04/14/1986 - R Mortgage
(3940001158694)
04/14/1986 - R Satisfaction of Mortgage
(3670001158867)
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R: Recorded date
D: Document date

Property Taxes for 688 Franklin Avenue, Brooklyn

Access detailed property tax data for 688 Franklin Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $6,711
Tax assessor's market value: $1,453,000
Assessed value: $87,180

Assessment History for 688 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 688 Franklin Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,427,000 $85,620 $32,099 19.843% $6,369 $6,369 +1.25%
2024/25 $1,329,000 $79,740 $31,321 20.085% $6,291 $6,291 +6.00%
2023/24 $1,278,000 $76,680 $29,549 20.085% $5,935 $5,935 +0.07%
2022/23 $1,003,000 $60,180 $29,203 20.309% $5,931 $5,931 +5.42%
2021/22 $916,000 $54,960 $28,184 19.963% $5,626 $5,626 -0.06%

Permits for 688 Franklin Avenue, Brooklyn

The complete history of permits filed for 688 Franklin Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
05/30/2018 Alteration
04/04/2017 Alteration type 1
04/04/2017 Place of assembly
09/10/2013 Alteration type 2
08/17/2012 Alteration type 2
05/21/2012 Alteration type 2
03/22/2012 Alteration type 2
06/20/2011 Alteration type 2
10/21/2010 Alteration type 2
11/12/2009 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Franklin Ave & Park Pl at NW Corner
Station lines FS
Distance (miles) 0.049
View subway map

Neighbors for 688 Franklin Avenue, Brooklyn

Here are the neighbors for 688 Franklin Avenue, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
592 Prospect Pl, Brooklyn 13,948 07/29/1987
586 Prospect Pl, Brooklyn 13,948 07/29/1987
560 Prospect Pl, Brooklyn 14,984 06/27/2011
550 Prospect Pl, Brooklyn 46,359 06/27/2018 $6,000,000
631 Park Pl, Brooklyn 6,432 06/17/1991
625 Park Pl, Brooklyn 3,740 09/23/2022
690 Franklin Ave, Brooklyn 3,000 05/20/2002
633 Park Pl, Brooklyn 6,432 06/14/1991
694 Franklin Ave, Brooklyn 4,000 05/31/2011 $432,500
596 Prospect Pl, Brooklyn 22,405 04/27/2023
621 Park Pl, Brooklyn 3,740 07/22/2002
572 Prospect Pl, Brooklyn 14,984 11/20/2015 $8,220,000
528 Classon Ave, Brooklyn 2,400 11/15/2001
635 Park Pl, Brooklyn 6,432 10/04/2001
637 Park Pl, Brooklyn 12,600 06/30/2017 $3,475,528
623 Park Pl, Brooklyn 3,740 12/05/2012
612 Prospect Pl, Brooklyn 2,199 08/20/2008 $553,000
566 Prospect Pl, Brooklyn 14,984 04/04/1989
528 Prospect Pl, Brooklyn 30,000 06/19/2014 $10
520 Prospect Pl, Brooklyn 118,230 03/14/2022
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