New York City  »  11238  »  Franklin Ave  »  740 Franklin Ave

740 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 740 Franklin Ave

Property image for 740 Franklin Avenue, Brooklyn, NY 11238
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Property type

Primarily Two Family with One Store or Office (S2)

Year built

1899

Lot sq. ft.

1,820

Sale price

$470,000

General information

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Address
Primary address
740 Franklin Avenue
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01175-0052

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,299
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1899
Building material
Sales
Sale date
07/15/2005
Sale price
$470,000
Tax
Tax year
2026-2027
Property tax
$3,270
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 91 ft
Lot sq. ft.
1,820

Area overview

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

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

Ownership

Ownership information for 740 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 740 Franklin Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
07/15/2005 $470,000 XXXXXXX, XXXXXXX X'XXXX, XXXXXX 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
12/20/2023 - R
12/14/2023 - D		 Deed
(2023121900275001)		 XXXXXXX XXXXXXX X XXXXXX XXX XXXXXXX XXXXXXX XXXXXX XXXXX
09/12/2022 - R
07/19/2022 - D		 Deed
(2022090800673001)		 XXXXXXXX XXXXXX XXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXX XXXXX
02/23/2018 - R
02/07/2018 - D		 Sundry Agreement
(2018021600287002)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX X X
02/02/2007 - R
11/13/2006 - D		 Deed
(2007011700757001)		 XXXXXXX XXXXXXX XXXXXXX XXXXXX
09/20/2005 - R
08/01/2005 - D		 Satisfaction of Mortgage
(2005080100836001)		 XXXXX XXXXXX X XXXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
09/07/2005 - R
07/15/2005 - D		 Initial UCC1
(2005072201350004)		 XXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXX XXX
09/07/2005 - R
07/15/2005 - D		 Assignment of Leases and Rents
(2005072201350003)		 XXXXXXXX XXXXXXX XXXX XXX XXXXXXX XXXXXXX
09/07/2005 - R
07/15/2005 - D		 Mortgage
(2005072201350002)		 XXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXX XXX
09/07/2005 - R
07/15/2005 - D		 Deed
(2005072201350001)		 XXXXX XXXXXX X XXXXXXX XXXXXXX
05/09/2002 - R Assignment, Mortgage
(3310008410731)		 XXX XXXXX XXXXX XXXXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 740 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
$3,270
Municipal exemptions
Recent tax assessments
Market value
$2,253,000
Assessed value
$135,180

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 $1,713,000 $102,780 $15,552 19.843% $3,086 $3,086 +1.07%
2024/25 $1,353,000 $81,180 $15,202 20.085% $3,053 $3,053 +6.00%
2023/24 $1,196,000 $71,760 $14,342 20.085% $2,881 $2,881 +3.28%
2022/23 $939,000 $56,340 $13,733 20.309% $2,789 $2,789 +1.72%
2021/22 $804,000 $48,240 $13,733 19.963% $2,742 $2,742 +0.53%
2020/21 $509,000 $30,540 $12,960 21.045% $2,727 $2,727 +1.72%
2019/20 $443,000 $26,580 $12,668 21.167% $2,681 $2,681 +7.25%
2018/19 $369,000 $22,140 $11,952 20.919% $2,500 $2,500 +7.17%
2017/18 $344,000 $20,640 $11,444 20.385% $2,333 $2,333 +1.97%
2016/17 $287,000 $17,220 $11,444 19.991% $2,288 $2,288 +8.33%
Permits

Permit information for 740 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/21/1992 Alteration type 3

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
03/03/2015 Lblvio-low pressure boiler
01/06/2006 Ll6291-local law 62/91 - boilers
02/13/2004 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)
0.097
View subway map

Access the detailed traffic volume map for 740 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 740 Franklin Avenue, Brooklyn, NY

756 Franklin Ave, Brooklyn 626 Sterling Pl, Brooklyn 748 Franklin Ave, Brooklyn 752 Franklin Ave, Brooklyn 615 St Johns Pl, Brooklyn 606 Sterling Pl, Brooklyn 744 Franklin Ave, Brooklyn 738 Franklin Ave, Brooklyn 636 Sterling Pl, Brooklyn 638 Sterling Pl, Brooklyn 632 Sterling Pl, Brooklyn 628 Sterling Pl, Brooklyn 610 Sterling Pl, Brooklyn 742 Franklin Ave, Brooklyn 758 Franklin Ave, Brooklyn 760 Franklin Ave, Brooklyn 762 Franklin Ave, Brooklyn 608 Sterling Pl, Brooklyn 604 Sterling Pl, Brooklyn 750 Franklin Ave, Brooklyn

Nearby ZIP codes for 740 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 740 Franklin Avenue, Brooklyn, NY 11238?

The development at 740 Franklin Avenue, Brooklyn, NY 11238 was built in 1899.

What is the market value of 740 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 740 Franklin Avenue, Brooklyn, NY 11238 is $2,253,000.

What is the total square footage of 740 Franklin Avenue, Brooklyn, NY 11238?

740 Franklin Avenue, Brooklyn, NY 11238 has a total of 4,299 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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