New York City  »  11238  »  Franklin Ave  »  721 Franklin Ave

721 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 721 Franklin Ave

Property image for 721 Franklin Avenue, Brooklyn, NY 11238
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Property type

Primarily One Family with One Store or Office (S1)

Year built

1910

Lot sq. ft.

1,925

Sale price

$899,847

General information

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Address
Primary address
721 Franklin Avenue
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01238-0010

Owner

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Building
Property type
Primarily One Family with One Store or Office (S1)
Building sq. ft.
1,924
Building dimensions
19.25 ft x 50 ft
Buildings on lot
1
Stories
2
Year built
1910
Last altered
2006
Building material
Sales
Sale date
02/04/2008
Sale price
$899,847
Tax
Tax year
2026-2027
Property tax
$3,698
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.25 ft x 100 ft
Lot sq. ft.
1,925

Area overview

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

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

Ownership

Ownership information for 721 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 721 Franklin Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
02/04/2008 $899,847 XXXXXXXX, XXXXXXX XXX XXXXXXXXX XXXXXXXXXXX XXXX
07/25/2006 $4 XXX XXXXXXXXX XXXXXXXXXXX XXX X XXX XXXX XX XXX XXXX XX XXXXXXXXXX XX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/25/2008 - R
06/10/2008 - D		 Termination of Assign of L&R
(2008061400043009)		 XXX XXXXXXXXX XXXXXXXXXXX XXX X XXXX XX XXXXXXX XX
06/25/2008 - R
06/10/2008 - D		 Satisfaction of Mortgage
(2008061400043008)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXXX XX
06/25/2008 - R
06/10/2008 - D		 Satisfaction of Mortgage
(2008061400043007)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXXX XX
03/31/2008 - R
02/04/2008 - D		 UCC3 Amendment
(2008032600393001)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXXX XX
06/12/2008 - R
02/04/2008 - D		 Mortgage
(2008031401062007)		 XXXXXXXX XXXXXXX XXX
06/12/2008 - R
02/04/2008 - D		 Mortgage
(2008031401062006)		 XXXXXXXX XXXXXXX
06/12/2008 - R
02/04/2008 - D		 Deed
(2008031401062001)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXX
06/12/2008 - R
01/25/2008 - D		 Release
(2008031401062002)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXX
06/12/2008 - R
12/19/2007 - D		 Release
(2008031401062003)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXXX XX
06/12/2008 - R
12/18/2007 - D		 Partial Release of Mortgage
(2008031401062005)		 XXX XXXXXXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 721 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
$3,698
Municipal exemptions
Recent tax assessments
Market value
$899,000
Assessed value
$53,940

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 $1,001,000 $60,060 $16,670 19.843% $3,606 $3,308 +8.59%
2024/25 $1,101,000 $66,060 $15,166 20.085% $3,649 $3,046 +14.53%
2023/24 $973,000 $58,380 $13,242 20.085% $3,505 $2,660 +13.64%
2022/23 $764,000 $45,840 $11,524 20.309% $3,343 $2,340 +23.18%
2021/22 $733,000 $43,980 $9,517 19.963% $3,101 $1,900 +13.91%
2020/21 $883,000 $52,980 $7,926 21.045% $3,187 $1,668 +17.23%
2019/20 $929,000 $55,740 $6,722 21.167% $3,205 $1,423 +17.70%
2018/19 $774,000 $46,440 $5,779 20.919% $3,042 $1,209 +27.87%
2017/18 $722,000 $43,320 $4,638 20.385% $2,797 $945 +15.18%
2016/17 $602,000 $36,120 $4,106 19.991% $2,587 $821 -7.58%
Permits

Permit information for 721 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/25/2019 Alteration
09/10/2019 Alteration
09/04/2019 Alteration
08/29/2019 Alteration type 2
08/23/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/31/2009 Lblvio-low pressure boiler
01/01/2009 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)
0.089
View subway map

Access the detailed traffic volume map for 721 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 721 Franklin Avenue, Brooklyn, NY

719 Franklin Ave, Brooklyn 666 Park Pl, Brooklyn 648 Park Pl, Brooklyn 737 Franklin Ave, Brooklyn 739 Franklin Ave, Brooklyn 672 Park Pl, Brooklyn 731 Franklin Ave, Brooklyn 654 Park Pl, Brooklyn 662 Park Pl, Brooklyn 725 Franklin Ave, Brooklyn 729 Franklin Ave, Brooklyn 1072 Prospect Pl, Brooklyn 668 Park Pl, Brooklyn 670 Park Pl, Brooklyn 727 Franklin Ave, Brooklyn 733 Franklin Ave, Brooklyn 646 Park Pl, Brooklyn 642 Park Pl, Brooklyn 735 Franklin Ave, Brooklyn 655 Sterling Pl, Brooklyn

Nearby ZIP codes for 721 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 721 Franklin Avenue, Brooklyn, NY 11238?

The development at 721 Franklin Avenue, Brooklyn, NY 11238 was built in 1910.

What is the market value of 721 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 721 Franklin Avenue, Brooklyn, NY 11238 is $899,000.

What is the total square footage of 721 Franklin Avenue, Brooklyn, NY 11238?

721 Franklin Avenue, Brooklyn, NY 11238 has a total of 1,924 square feet.

What is the price per square foot for this property?

$467 per square foot is the price for 721 Franklin Avenue, Brooklyn, NY 11238.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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