New York City  »  11238  »  Franklin Ave  »  585 Franklin Ave

585 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 585 Franklin Ave

Property image for 585 Franklin Avenue, Brooklyn, NY 11238
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Property type

Primarily Three Family with One Store or Office (S3)

Year built

1910

Lot sq. ft.

1,525

Sale price

$1,200,000

General information

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Address
Primary address
585 Franklin Avenue
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01199-0002

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
3,974
Building dimensions
19.33 ft x 90 ft
Buildings on lot
1
Stories
4
Year built
1910
Last altered
2017
Building material
Sales
Sale date
08/04/2016
Sale price
$1,200,000
Tax
Tax year
2026-2027
Property tax
$11,964
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.33 ft x 74.33 ft
Lot sq. ft.
1,525

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.83 Miles
Closest fire station
0.47 Miles

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

Ownership

Ownership information for 585 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 585 Franklin Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
08/04/2016 $1,200,000 XXX X XXX XXXXX, XXXXX
07/12/2012 $10 XXXXX, XXXXX XXXXXXXX, XXXXX
06/18/2004 $655,000 XXXXXXXX, XXXXX XXXXXXX XXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/01/2022 - R Initial UCC1
(2022062301142006)		 XXX X XXX XXXXXXXX XXXX
07/01/2022 - R UCC3 Termination
(2022062301142002)		 XXX X XXX X X XXXXX XXXX XXX
07/01/2022 - R
06/16/2022 - D		 Assignment of Leases and Rents
(2022062301142005)		 XXX X XXX XXXXXXXX XXXX
07/01/2022 - R
06/16/2022 - D		 Mortgage and Consolidation
(2022062301142004)		 XXX X XXX XXXXXXXX XXXX
07/01/2022 - R
06/16/2022 - D		 Assignment, Mortgage
(2022062301142003)		 X X XXXXX XXXX XXX XXXXXXXX XXXX
07/01/2022 - R
06/13/2022 - D		 Termination of Assign of L&R
(2022062301142001)		 X X XXXXX XXXX XXX XXX X XXX
02/26/2018 - R
02/19/2018 - D		 Satisfaction of Mortgage
(2018021900286001)		 XXXXXXXX XXXXX XXXXXXXXXXX XXXX XXXXX XXX
09/05/2017 - R Initial UCC1
(2017090100465003)		 XXX X XXX X X XXXXX XXXX XXX
09/05/2017 - R
08/29/2017 - D		 Assignment of Leases and Rents
(2017090100465002)		 XXX X XXX X X XXXXX XXXX XXX
09/05/2017 - R
08/29/2017 - D		 Mortgage
(2017090100465001)		 XXX X XXX X X XXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 585 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
$11,964
Municipal exemptions
Recent tax assessments
Market value
$1,509,000
Assessed value
$679,050

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 $1,300,000 $585,000 $89,246 12.439% $11,101 $11,101 +6.00%
2024/25 $1,098,000 $494,100 $83,787 12.5% $10,473 $10,473 +6.44%
2023/24 $1,017,000 $457,650 $78,703 12.502% $9,839 $9,839 +8.41%
2022/23 $1,027,000 $462,150 $73,988 12.267% $9,076 $9,076 +0.27%
2021/22 $833,000 $374,850 $73,988 12.235% $9,052 $9,052 +29.27%
2020/21 $742,000 $333,900 $57,083 12.267% $7,002 $7,002 +6.16%
2019/20 $691,000 $310,950 $52,884 12.473% $6,596 $6,596 +6.80%
2018/19 $739,000 $332,550 $48,973 12.612% $6,176 $6,176 +7.09%
2017/18 $659,000 $296,550 $45,346 12.719% $5,768 $5,768 -1.34%
2016/17 $622,000 $279,900 $45,346 12.892% $5,846 $5,846 +3.34%
Permits

Permit information for 585 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/04/2018 Alteration type 2
08/24/2017 Alteration type 2
03/09/2017 Alteration type 3
02/16/2017 Alteration type 3
09/12/2016 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
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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 & Fulton St at SW Corner
Station lines
A-FS
Distance (miles)
0.183
View subway map

Access the detailed traffic volume map for 585 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 585 Franklin Avenue, Brooklyn, NY

513 Flatbush Ave, Brooklyn 581 Franklin Ave, Brooklyn 573 Franklin Ave, Brooklyn 1322 Bedford Ave, Brooklyn 1325 Bedford Ave, Brooklyn 507 Flatbush Ave, Brooklyn 1055 Washington Ave, Brooklyn 1078 Washington Ave, Brooklyn 40 Empire Blvd, Brooklyn 495 Flatbush Ave, Brooklyn 579 Franklin Ave, Brooklyn 1154 Atlantic Ave, Brooklyn 587 Franklin Ave, Brooklyn 469 Flatbush Ave, Brooklyn 577 Franklin Ave, Brooklyn 575 Franklin Ave, Brooklyn 1323 Bedford Ave, Brooklyn 1321 Bedford Ave, Brooklyn 475 Flatbush Ave, Brooklyn 503 Flatbush Ave, Brooklyn

Nearby ZIP codes for 585 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 585 Franklin Avenue, Brooklyn, NY 11238?

The development at 585 Franklin Avenue, Brooklyn, NY 11238 was built in 1910.

What is the market value of 585 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 585 Franklin Avenue, Brooklyn, NY 11238 is $1,509,000.

What is the total square footage of 585 Franklin Avenue, Brooklyn, NY 11238?

585 Franklin Avenue, Brooklyn, NY 11238 has a total of 3,974 square feet.

What is the price per square foot for this property?

$301 per square foot is the price for 585 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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