New York City  »  11238  »  Franklin Ave  »  688 Franklin Ave

688 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 688 Franklin Ave

Property image for 688 Franklin Avenue, Brooklyn, NY 11238
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Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

2,000

Sale price

$600,000

General information

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

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,000
Building dimensions
20 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Sales
Sale date
01/09/2008
Sale price
$600,000
Tax
Tax year
2026-2027
Property tax
$6,711
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.82 Miles
Closest fire station
0.25 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 688 Franklin Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 688 Franklin Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
01/09/2008 $600,000 XXXX XXXXXX XXX XXXXX XXXXXX XXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/15/2018 - R
01/19/2018 - D		 Easement
(2018031500215001)		 XXXXXXXXXXX XXXXXXXXX XXXXX XXXX XXXXXX XXX
02/07/2018 - R
01/19/2018 - D		 Easement
(2018020600877001)		 XXXXXXXXXXX XXXXXXXXX XXXXX XXXX XXXXXX XXX
02/01/2018 - R
01/19/2018 - D		 Easement
(2018013100063001)		 XXXXXXXXXXX XXXXXXXXX XXXXX XXXX XXXXXX XXX
01/29/2008 - R
01/09/2008 - D		 Deed
(2008011000599001)		 XXXXX XXXXXX XXX X XXXX XXXXXX XXX
06/03/1997 - R
05/28/1997 - D		 Deed
(3570005641557)		 XXX XXXXXXXX XXX XXXXXX XXXX XXXXX XXXXXX XXXX
09/15/1992 - R Satisfaction of Mortgage
(3290001714529)		 XXXXX XXXX XXXXXXXXXXX X X XXXX XXXXXX XXXX
05/13/1987 - R
05/08/1987 - D		 Deed
(3590001265059)		 XXXX X XXXXXXXX XXXX XX XXX XXXXXXXX XXX XXXX XX
04/06/1987 - R
01/15/1987 - D		 Deed
(3440001254944)		 XXXXX XXXX XXXXXXXXXXX XXXX XXXXX XXXXXXXXXXX
04/14/1986 - R Mortgage
(3940001158694)		 XXXXX XXXX XXXXXX XXXXX XX XXXX XXXXXX XXXX
04/14/1986 - R Satisfaction of Mortgage
(3670001158867)		 X X XXXX XXXXXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 688 Franklin Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$6,711
Municipal exemptions
Recent tax assessments
Market value
$1,453,000
Assessed value
$87,180

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y 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%
2020/21 $926,000 $55,560 $26,749 21.045% $5,629 $5,629 +1.89%
2019/20 $911,000 $54,660 $26,101 21.167% $5,525 $5,525 +7.25%
2018/19 $759,000 $45,540 $24,624 20.919% $5,151 $5,151 +3.83%
2017/18 $708,000 $42,480 $24,336 20.385% $4,961 $4,961 +5.66%
2016/17 $590,000 $35,400 $23,487 19.991% $4,695 $4,695 +7.72%
Permits

Permit information for 688 Franklin Avenue, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
01/03/2008 Ll6291-local law 62/91 - boilers
01/06/2006 Ll6291-local law 62/91 - boilers
01/31/2005 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

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

Access the detailed traffic volume map for 688 Franklin Avenue, Brooklyn, NY 11238 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 688 Franklin Avenue, Brooklyn, NY

592 Prospect Pl, Brooklyn 586 Prospect Pl, Brooklyn 560 Prospect Pl, Brooklyn 550 Prospect Pl, Brooklyn 631 Park Pl, Brooklyn 625 Park Pl, Brooklyn 690 Franklin Ave, Brooklyn 633 Park Pl, Brooklyn 694 Franklin Ave, Brooklyn 596 Prospect Pl, Brooklyn 621 Park Pl, Brooklyn 572 Prospect Pl, Brooklyn 528 Classon Ave, Brooklyn 635 Park Pl, Brooklyn 637 Park Pl, Brooklyn 623 Park Pl, Brooklyn 612 Prospect Pl, Brooklyn 566 Prospect Pl, Brooklyn 528 Prospect Pl, Brooklyn 520 Prospect Pl, Brooklyn

Nearby ZIP codes for 688 Franklin Avenue, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 688 Franklin Avenue, Brooklyn, NY 11238?

The development at 688 Franklin Avenue, Brooklyn, NY 11238 was built in 1930.

What is the market value of 688 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 688 Franklin Avenue, Brooklyn, NY 11238 is $1,453,000.

What is the total square footage of 688 Franklin Avenue, Brooklyn, NY 11238?

688 Franklin Avenue, Brooklyn, NY 11238 has a total of 3,000 square feet.

What is the price per square foot for this property?

$200 per square foot is the price for 688 Franklin Avenue, Brooklyn, NY 11238.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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