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573 Franklin Avenue, Brooklyn, NY 11238 Property Information

573 Franklin Avenue, Brooklyn, NY 11238 Property Information

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

Primary address 573 Franklin Avenue
Neighborhood Crown Heights
Zip code 11238
Borough Brooklyn
Block & lot 01199-0007

Sales & Tax Overview for 573 Franklin Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/12/2019
Purchase price $2,035,000
Tax class
Estimated property tax $28,347

Lot & Building Information for 573 Franklin Avenue, Brooklyn

Lot sq. ft. 1,622
Lot dimensions 20 ft x 81.08 ft
Property type Four Families (C3)
Building sqft 4,970
Building dimensions 20 ft x 62 ft
Buildings on lot 1
Stories 4
Structure type Highrise apartment
Building material Masonry
Year built 1910
Year last altered 2019
Frontage(s) Franklin Avenue (narrow)
Nearest wide street Atlantic Avenue
Distance to wide street
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Zoning & Use for 573 Franklin Avenue, Brooklyn

Zoning
Residential units (DOF) 4
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.81 Miles
Closest fire station 0.47 Miles

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

Other Property Data for 573 Franklin Avenue, Brooklyn

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Floor area ratio (FAR) for 573 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 573 Franklin Avenue, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 573 Franklin Avenue, Brooklyn

What is the year built & the total sq. ft. for 573 Franklin Avenue, Brooklyn, NY 11238?

573 Franklin Avenue, Brooklyn, NY 11238 was built in 1910 and has a total of 4,970 square feet.

What is the assessed value of 573 Franklin Avenue, Brooklyn, NY 11238 and the property tax paid?

Assessed at $350,100, the tax amount paid for 573 Franklin Avenue, Brooklyn, NY 11238 is $27,599. For the next year, the tax amount for 573 Franklin Avenue, Brooklyn, NY 11238 is estimated at $28,347.

When was 573 Franklin Avenue, Brooklyn, NY 11238 last sold and what was the last sale price?

573 Franklin Avenue, Brooklyn, NY 11238 was last sold in 08/12/2019 for $2,035,000.

How many residential units does this building have?

This building has 4 residential unit(s).

Ownership Information for 573 Franklin Avenue, Brooklyn

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Property owner name for 573 Franklin Avenue, Brooklyn, NY 11238
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Building contacts for 573 Franklin Avenue, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 573 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 573 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/12/2019 $2,035,000
08/31/2018 $1,370,000
       
       
       
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Title Documents for 573 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
03/03/2021 - R Initial UCC1
(2021020100533003)
01/22/2021 - D
03/03/2021 - R
Assignment of Leases and Rents
(2021020100533002)
01/22/2021 - D
03/03/2021 - R
Mortgage
(2021020100533001)
08/12/2019 - D
09/11/2019 - R
Deed
(2019082000862001)
10/05/2018 - D
03/27/2020 - R
Discharge of Tax Lien
(2020032600706003)
10/05/2018 - D
03/27/2020 - R
Discharge of Tax Lien
(2020032600706002)
10/05/2018 - D
03/27/2020 - R
Discharge of Tax Lien
(2020032600706001)
08/31/2018 - D
08/31/2018 - R
Deed
(2018083100933001)
01/25/1999 - R Assignment of Tax Lien
(3480006428048)
01/25/1999 - R Assignment of Tax Lien
(3370006428137)
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R: Recorded date
D: Document date

Property Taxes for 573 Franklin Avenue, Brooklyn

Access detailed property tax data for 573 Franklin Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $27,600
Estimated property tax: $28,347
Tax assessor's market value: $778,000
Assessed value: $350,100

Assessment History for 573 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 573 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 $778,000 $350,100 $221,880 12.439% $27,600 $27,600 +18.19%
2024/25 $1,370,400 $616,680 $186,811 12.5% $23,351 $23,351 +7.39%
2023/24 $1,142,000 $513,900 $173,924 12.502% $21,744 $21,744 +18.83%
2022/23 $1,058,000 $476,100 $149,166 12.267% $18,298 $18,298 +0.26%
2021/22 $995,000 $447,750 $149,166 12.235% $18,250 $18,250 +2.93%

Permits for 573 Franklin Avenue, Brooklyn

The complete history of permits filed for 573 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
09/14/2020 Alteration
04/14/2020 Alteration
02/27/2020 Alteration
12/14/2019 Alteration
10/24/2019 Alteration
08/19/2019 Alteration type 2
05/17/2016 Alteration type 1
08/08/2012 Sign
08/08/2012 Alteration type 2
08/08/2012 Sign
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Crown Heights Residential Market Stats

Access a detailed real estate market overview of Crown Heights so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Crown Heights and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$990,000
12.5% YoY
Median Price/Sqft
$964
34.6% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 & Fulton St at SW Corner
Station lines A-FS
Distance (miles) 0.161
View subway map
Bus Routes
Name Franklin Av/Atlantic Av
Line B49
Distance (miles) 0.018

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn Arts and Science Elementary School 4 Yes Public PK, K-5 275 0.30
Brooklyn Arts and Science Elementary School 4 Yes Public PK, K-5 275 0.30
The Co-op School NR No Private PK, K-5 0 0.10
The Co-op School NR No Private PK, K-5 0 0.10
P.S. 3 The Bedford Village 4 No Public PK, K-5 224 0.25

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Ebbetts Field Middle School 6 Yes Public 6-8 123 1.00
The Brooklyn Waldorf School NR No Private PK, K-8 160 0.28
Explore Exceed Charter School 6 No Charter K-8 429 0.30
Clara Muhammad School Of Masjid Khalifah NR No Private PK-8 79 0.36
Bethel Elementary School NR No Private PK-8 34 0.39

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Gotham Professional Arts Academy NR No Public 9-12 179 0.36
Acorn Community High School NR No Public 9-12 107 0.36
GOTHAM PROFESSIONAL ARTS ACADEMY NR No Public 9-12 217 0.36
Bedford Academy High School 9 No Public 9-12 381 0.45
Bedford Stuyvesant Prepretory High School NR No Public 10-12 102 0.55

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 573 Franklin Avenue, Brooklyn

Here are the neighbors for 573 Franklin Avenue, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
513 Flatbush Ave, Brooklyn 150 03/18/2009 $493,000
1319 Bedford Ave, Brooklyn 6,712 08/06/2014 $1,700,000
581 Franklin Ave, Brooklyn 4,400 03/11/2015
1322 Bedford Ave, Brooklyn 164,320
1236 Atlantic Ave, Brooklyn 47,381 10/29/2008 $9,665,000
585 Franklin Ave, Brooklyn 3,974 08/04/2016 $1,200,000
1325 Bedford Ave, Brooklyn 6,536 08/19/2003 $150,000
1317 Bedford Ave, Brooklyn 23,586 03/15/1996
1078 Washington Ave, Brooklyn 09/22/2023
40 Empire Blvd, Brooklyn 4,400 09/22/2023
1154 Atlantic Ave, Brooklyn 5,300 04/17/1989
1260 Atlantic Ave, Brooklyn 92,191 01/29/2019 $23,500,000
579 Franklin Ave, Brooklyn 4,400 05/22/2025
587 Franklin Ave, Brooklyn 6,763 06/11/2004 $768,500
469 Flatbush Ave, Brooklyn 3,515 07/16/2014
575 Franklin Ave, Brooklyn 4,400 10/04/1995
1323 Bedford Ave, Brooklyn 5,770 12/20/2010 $495,000
1321 Bedford Ave, Brooklyn 6,012 11/20/2006
577 Franklin Ave, Brooklyn 4,400 05/25/2019 $25,000
475 Flatbush Ave, Brooklyn
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