Kings  »  11216  »  Franklin Ave  »  711 Franklin Ave

711 Franklin Avenue, Brooklyn, NY 11216 Property Information

Also known as: 705 Franklin Ave, Brooklyn, NY 11216

711 Franklin Avenue, Brooklyn, NY 11216 Property Information

Also known as: 705 Franklin Ave, Brooklyn, NY 11216

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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711 Franklin Avenue, Brooklyn, NY 11216 1
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Address

Primary address 711 Franklin Avenue
Secondary address 705-711 Franklin Ave
Neighborhood Crown Heights
Zip code 11216
Borough Brooklyn
Block & lot 01231-0001

Sales & Tax Overview for 711 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 01/06/2016
Purchase price $12,000,000
Tax class
Estimated property tax $656,189

Lot & Building Information for 711 Franklin Avenue, Brooklyn

Lot sq. ft. 10,250
Lot dimensions 102.5 ft x 100 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 70,801
Building dimensions 102.5 ft x 100 ft
Buildings on lot 1
Stories 8
Year built 2023
Status
Status date
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Zoning & Use for 711 Franklin Avenue, Brooklyn

Zoning
Residential units (DOF) 60
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.77 Miles
Closest fire station 0.26 Miles

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

Other Property Data for 711 Franklin Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 711 Franklin Avenue, Brooklyn, NY 11216, 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 711 Franklin Avenue, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 705-711 Franklin Ave, Brooklyn, NY 11216

About 711 Franklin Avenue, Brooklyn

How many sq. ft. does 711 Franklin Avenue, Brooklyn, NY 11216 have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 711 Franklin Avenue, Brooklyn, NY 11216 has a total of 70,801 square feet and a current price per square foot of $169.

What is the year built & the current market value of 711 Franklin Avenue, Brooklyn, NY 11216?

711 Franklin Avenue, Brooklyn, NY 11216 was built in 2023 and has a current tax assessor's market value of $533,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 711 Franklin Avenue, Brooklyn

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Property owner name for 711 Franklin Avenue, Brooklyn, NY 11216
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Building contacts for 711 Franklin Avenue, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 711 Franklin Avenue, Brooklyn

709 Franklin Avenue
Listing type For Lease
Listing date 10/06/2025
Last updated 05/21/2026

Exceptional corner restaurant space available in a brand-new, 8-story mixed-use development in Crown Heights, Brooklyn. The 1,773 SF ground-floor space sits at the prominent intersection of Franklin Avenue and Park Place, offering strong visibility, heavy foot traffic, and a built-in customer base from the 60 residential units above. Delivered in warm-lit shell condition with HVAC and all utilities stubbed, the space is equipped with venting infrastructure, providing a turnkey foundation for food and beverage operators. Expansive corner frontage ensures maximum branding and natural light, while the modern construction allows for efficient, customizable buildouts. Located along Franklin Avenue, one of Brooklyn’s most dynamic dining and nightlife corridors, the property is surrounded by popular restaurants, coffee shops, and boutique retailers. Just steps from Prospect Park, the Brooklyn Museum, and Brooklyn Botanic Garden, the area attracts both neighborhood residents and visitors citywide. Excellent subway access (2, 3, 4, 5, A, and C lines) further boosts connectivity and traffic. This is a rare opportunity to open a restaurant in a newly built property with a captive audience above, prime corner exposure, and essential infrastructure already in place.Prime corner retail opportunity available in the heart of Crown Heights, Brooklyn. This newly built 1,773 SF space offers unmatched visibility on the bustling intersection of Franklin Avenue and Park Place, surrounded by a vibrant mix of residential, dining, shopping, and cultural destinations. With expansive frontage and strong foot traffic, the location is ideal for a variety of retail, service, or food and beverage uses. Delivered in warm-lit shell condition, the space features HVAC and all utilities stubbed, allowing tenants the flexibility to design and build to suit their needs. The corner exposure ensures maximum natural light and brand presence, while the property’s modern construction provides efficiency and reliability. Franklin Avenue has become one of Brooklyn’s most dynamic corridors, lined with popular restaurants, coffee shops, and boutique retailers that attract locals and visitors alike. The property is steps from Prospect Park, the Brooklyn Museum, Brooklyn Botanic Garden, and the Brooklyn Children’s Museum, and is surrounded by a thriving community of residents, students, and professionals. Convenient subway access (2, 3, 4, 5, A, and C lines) ensures easy connectivity to the rest of the borough and Manhattan. This is a rare chance to establish your business in one of Brooklyn’s fastest-growing neighborhoods, with high visibility, modern infrastructure, and a built-in customer base.

View Listing

Brokers

Bill Miller
Spaces
Suite name Space type Lease rate Available space Brokers
709 Franklin Ave Freestanding Listing price not available 1,773 Bill Miller
Active Listings For This Property:
For Lease 709 Franklin Avenue
709 Franklin Avenue
711 Franklin Avenue, Brooklyn
Property General Office
Availability 1 Spaces listed / 1773 Sqft
Price Listing price not available
Real Estate Reports:
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Past Sales & Property History for 711 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 711 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/06/2016 $12,000,000

Title Documents for 711 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
03/20/2024 - R UCC3 Termination
(2024031800173006)
03/20/2024 - R Initial UCC1
(2024031800173005)
02/27/2024 - D
03/21/2024 - R
Agreement
(2024032100293001)
02/27/2024 - D
03/20/2024 - R
Assignment, Mortgage
(2024031800173007)
02/27/2024 - D
03/20/2024 - R
Assignment of Leases and Rents
(2024031800173004)
02/27/2024 - D
03/20/2024 - R
Assignment of Leases and Rents
(2024031800173003)
02/27/2024 - D
03/20/2024 - R
Mortgage
(2024031800173002)
02/27/2024 - D
03/20/2024 - R
Mortgage and Consolidation
(2024031800173001)
02/08/2024 - D
03/20/2024 - R
Termination of Assign of L&R
(2024031800173008)
02/06/2024 - D
03/20/2024 - R
Subordination of Mortgage
(2024031800173009)
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R: Recorded date
D: Document date

Property Taxes for 711 Franklin Avenue, Brooklyn

Access detailed property tax data for 711 Franklin Avenue, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $25,704
Estimated property tax: $656,189
Tax assessor's market value: $533,000
Assessed value: $239,850

Assessment History for 711 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 711 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 $533,000 $239,850 $206,640 12.439% $25,704 $25,704 +22.13%
2024/25 $533,000 $239,850 $195,570 10.762% $21,047 $21,047 +7.70%
2023/24 $410,000 $184,500 $184,500 10.592% $19,542 $19,542 -58.79%
2022/23 $1,071,000 $481,950 $445,410 10.646% $47,418 $47,418 +24.34%
2021/22 $788,000 $354,600 $354,600 10.755% $38,137 $38,137 -22.83%

Permits for 711 Franklin Avenue, Brooklyn

The complete history of permits filed for 711 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
04/27/2026 Alteration
03/30/2026 Alteration
03/30/2026 Alteration
03/30/2026 Alteration
03/26/2026 Alteration
01/26/2026 New building
01/20/2026 New building
01/20/2026 New building
11/17/2025 New building
11/13/2025 New building
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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 & Park Pl at NW Corner
Station lines FS
Distance (miles) 0.085
View subway map
Bus Routes
Name Franklin Av/Prospect Pl
Line B48
Distance (miles) 0.032

Neighbors for 711 Franklin Avenue, Brooklyn

Here are the neighbors for 711 Franklin Avenue, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
703 Franklin Ave, Brooklyn 5,880 12/11/2017
638 Prospect Pl, Brooklyn 2,268 03/23/2005 $759,000
693 Franklin Ave, Brooklyn 7,020 11/20/2015 $8,220,000
636 Prospect Pl, Brooklyn 2,568 08/17/2004
695 Franklin Ave, Brooklyn 7,020 11/20/2015 $8,220,000
1087 Prospect Pl, Brooklyn 3,600 06/16/2015 $1,310,000
1069 Prospect Pl, Brooklyn 3,280 03/16/1982
1073 Prospect Pl, Brooklyn 3,280 06/25/2010 $505,319
177 Kingston Ave, Brooklyn 9,372
701 Franklin Ave, Brooklyn 5,880 12/05/2024 $3,050,000
697 Franklin Ave, Brooklyn 7,020 11/20/2015 $8,220,000
1065 Prospect Pl, Brooklyn 3,304 02/16/2005 $450,000
1063 Prospect Pl, Brooklyn 3,004 01/02/2026 $10
1071 Prospect Pl, Brooklyn 3,280 11/17/2022
1075 Prospect Pl, Brooklyn 3,280 11/22/2024 $1,800,000
691 Franklin Ave, Brooklyn 7,284 11/17/2017 $951,100
620 Prospect Pl, Brooklyn 22,864 07/07/1986
1061 Prospect Pl, Brooklyn 3,004 07/16/2003
1067 Prospect Pl, Brooklyn 3,232 01/14/1984
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