701 Franklin Avenue, Brooklyn, NY 11238 Property Information
701 Franklin Avenue, Brooklyn, NY 11238 Property Information
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- Owner
- Documents
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- Neighborhood
Address
| Primary address | 701 Franklin Avenue |
| Neighborhood | Crown Heights |
| Zip code | 11238 |
| Borough | Brooklyn |
| Block & lot | 01231-0007 |
Sales & Tax Overview for 701 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 | 12/05/2024 |
| Purchase price | $3,050,000 |
| Tax class | Register |
Lot & Building Information for 701 Franklin Avenue, Brooklyn
| Lot sq. ft. | 2,038 |
| Lot dimensions | |
| Property type | Four Families (C3)
|
| Building sqft | 5,880 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 4 |
| Structure type | Walk-up apartment |
| Building material | Stone |
| Year built | 1931 |
| Frontage | Franklin Avenue (narrow) |
| Nearest wide street | St Marks Avenue |
| Distance to wide street | Register |
Area Overview
| School district | 17 |
| Community district | 8 |
| Closest police station | 0.79 Miles |
| Closest fire station | 0.27 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 701 Franklin Avenue, Brooklyn
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About 701 Franklin Avenue, Brooklyn
701 Franklin Avenue, Brooklyn, NY 11238 was built in 1931 and has a total of 5,880 square feet.
What is the assessed value of 701 Franklin Avenue, Brooklyn, NY 11238 and the property tax paid?Assessed at $838,350, the tax amount paid for 701 Franklin Avenue, Brooklyn, NY 11238 is $10,653.
When was 701 Franklin Avenue, Brooklyn, NY 11238 last sold and what was the last sale price?701 Franklin Avenue, Brooklyn, NY 11238 was last sold in 12/05/2024 for $3,050,000.
How many residential units does this building have?This building has 4 residential unit(s).
Ownership Information for 701 Franklin Avenue, Brooklyn
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Past Sales & Property History for 701 Franklin Avenue, Brooklyn
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Title Documents for 701 Franklin Avenue, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 701 Franklin Avenue, Brooklyn
Access detailed property tax data for 701 Franklin Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $10,654 |
| Tax assessor's market value: | $1,863,000 |
| Assessed value: | $838,350 |
Assessment History for 701 Franklin Avenue, Brooklyn
Here's the assessment & property tax history for 701 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 | $1,646,000 | $740,700 | $85,648 | 12.439% | $10,654 | $10,654 | +2.83% |
| 2024/25 | $1,544,000 | $694,800 | $82,885 | 12.5% | $10,361 | $10,361 | +7.91% |
| 2023/24 | $1,351,000 | $607,950 | $76,800 | 12.502% | $9,602 | $9,602 | +10.01% |
| 2022/23 | $1,321,000 | $594,450 | $71,150 | 12.267% | $8,728 | $8,728 | +8.27% |
| 2021/22 | $1,057,000 | $475,650 | $65,883 | 12.235% | $8,061 | $8,061 | -0.26% |
Permits for 701 Franklin Avenue, Brooklyn
The complete history of permits filed for 701 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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Franklin Ave & Park Pl at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | FS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.084 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| P.S. 138 | 6 | Yes | Public | PK, K-8 | 414 | 0.26 |
| P.S. 138 | 6 | Yes | Public | PK, K-8 | 414 | 0.26 |
| Friends of Crown Heights #2 | NR | No | Private | K | 0 | 0.10 |
| German School Brooklyn | NR | No | Private | PK, K-8 | 195 | 0.21 |
| German School Brooklyn | NR | No | Private | PK, K-8 | 195 | 0.21 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| Elijah Stroud Middle School | 5 | Yes | Public | 6-8 | 121 | 0.29 |
| German School Brooklyn | NR | No | Private | PK, K-8 | 195 | 0.21 |
| Carmel Christian School | NR | No | Private | K-9 | 51 | 0.21 |
| Brooklyn Jesuit Prep School | NR | No | Private | 5-8 | 87 | 0.21 |
| Carmel Christian School | NR | No | Private | PK, K-8 | 0 | 0.23 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| Aspirations Diploma Plus High School | NR | No | Public | 9-12 | 199 | 0.34 |
| W E B Dubois Academic High School | NR | No | Public | 9-12 | 114 | 0.35 |
| ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL | NR | No | Public | 9-12 | 143 | 0.37 |
| Acorn Community High School | NR | No | Public | 9-12 | 107 | 0.40 |
| GOTHAM PROFESSIONAL ARTS ACADEMY | NR | No | Public | 9-12 | 217 | 0.40 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 701 Franklin Avenue, Brooklyn
Here are the neighbors for 701 Franklin Avenue, Brooklyn, NY 11238.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 638 Prospect Pl, Brooklyn | 2,268 | 03/23/2005 | $759,000 |
| 703 Franklin Ave, Brooklyn | 5,880 | 12/11/2017 | |
| 693 Franklin Ave, Brooklyn | 7,020 | 11/20/2015 | $8,220,000 |
| 636 Prospect Pl, Brooklyn | 2,568 | 08/17/2004 | |
| 642 Prospect Pl, Brooklyn | 2,430 | 05/22/1998 | |
| 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 | |
| 640 Prospect Pl, Brooklyn | 2,430 | 01/08/2026 | $3,200,000 |
| 177 Kingston Ave, Brooklyn | 9,372 | ||
| 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 | |
| 691 Franklin Ave, Brooklyn | 7,284 | 11/17/2017 | $951,100 |
| 711 Franklin Ave, Brooklyn | 8,007 | 01/06/2016 | $12,000,000 |
| 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 |