New York City  »  11238  »  Franklin Ave  »  716 Franklin Ave

716 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 716 Franklin Ave

Property image for 716 Franklin Avenue, Brooklyn, NY 11238
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Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1900

Lot sq. ft.

5,250

General information

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Address
Primary address
716 Franklin Avenue
Alternate address(es)
632-640 Park Pl
716-718 Franklin Ave
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01168-0049

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
12,522
Building dimensions
37 ft x 90 ft
Buildings on lot
1
Stories
4
Year built
1900
Last altered
2013
Building material
Tax
Tax year
2026-2027
Property tax
$108,100
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
12
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
52.5 ft x 100 ft
Lot sq. ft.
5,250

Area overview

Walk score
94 /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
0.78 Miles
Closest fire station
0.22 Miles

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Ownership information for 716 Franklin Avenue, Brooklyn, NY

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

Sales history for 716 Franklin Avenue, Brooklyn, NY 11238

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/28/2023 - R UCC3 Termination
(2023030900489001)
XXXX XXXXXXXX XXX XXXXXXXX XXXX
03/28/2023 - R
03/10/2023 - D
Satisfaction of Mortgage
(2023030900489003)
XXXX XXXXXXXX XXX XXXXXXXX XXXX
03/28/2023 - R
03/09/2023 - D
Termination of Assign of L&R
(2023030900489002)
XXXXXXXX XXXX XXXX XXXXXXXX XXX
03/12/2018 - R Initial UCC1
(2018031200796002)
XXXX XXXXXXXX XXX XXXXXXXX XXXX
03/14/2018 - R
02/28/2018 - D
Assignment of Leases and Rents
(2018031200531005)
XXXX XXXXXXXX XXX XXXXXXXX XXXX
03/14/2018 - R
02/28/2018 - D
Agreement
(2018031200531004)
XXXX XXXXXXXX XXX XXXXXXXX XXXX
03/14/2018 - R
02/28/2018 - D
Mortgage
(2018031200531003)
XXXX XXXXXXXX XXX XXXXXXXX XXXX
03/14/2018 - R
02/28/2018 - D
Assignment, Mortgage
(2018031200531002)
XXXXXXX XXXXXX XXXX XXXXXXXX XXXX
03/14/2018 - R
02/28/2018 - D
Correction Deed
(2018031200531001)
XXXXXXX XXX XXXX XXXXXXXX XXX
11/13/2017 - R UCC3 Continuation
(2017111000472001)
XXXX XXXXXXXX XXX XXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 716 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
$108,100
Municipal exemptions
Recent tax assessments
Market value
$2,082,000
Assessed value
$936,900

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 $1,927,000 $867,150 $843,660 12.439% $104,943 $104,943 +0.20%
2024/25 $1,862,000 $837,900 $837,900 12.5% $104,738 $104,738 -5.03%
2023/24 $1,985,000 $893,250 $882,180 12.502% $110,290 $110,290 -2.60%
2022/23 $2,116,000 $952,200 $923,040 12.267% $113,229 $113,229 +7.83%
2021/22 $1,950,000 $877,500 $858,240 12.235% $105,006 $105,006 +6.66%
2020/21 $2,182,000 $981,900 $802,530 12.267% $98,446 $98,446 +9.17%
2019/20 $2,035,000 $915,750 $722,968 12.473% $90,176 $90,176 +8.26%
2018/19 $1,973,000 $887,850 $660,418 12.612% $83,292 $83,292 +26.12%
2017/18 $1,396,000 $628,200 $519,229 12.719% $66,041 $66,041 +21.45%
2016/17 $1,331,000 $598,950 $421,790 12.892% $54,377 $54,377 +13.24%

Permit information for 716 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/08/2024 Alteration
10/01/2014 Alteration type 2
06/16/2014 Alteration type 2
06/16/2014 Alteration type 2
12/30/2013 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/24/2017 Lblvio-low pressure boiler
10/01/2015 Lblvio-low pressure boiler
03/03/2015 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

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

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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)
0.056

Access the detailed traffic volume map for 716 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

Frequently asked questions

What is the year built for 716 Franklin Avenue, Brooklyn, NY 11238?

The development at 716 Franklin Avenue, Brooklyn, NY 11238 was built in 1900.

What is the market value of 716 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 716 Franklin Avenue, Brooklyn, NY 11238 is $2,082,000.

What is the total square footage of 716 Franklin Avenue, Brooklyn, NY 11238?

716 Franklin Avenue, Brooklyn, NY 11238 has a total of 12,522 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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