Kings  »  11225  »  Franklin Ave  »  883 Franklin Ave

883 Franklin Avenue, Brooklyn, NY 11225 - Property report

Also known as: 883 Franklin Ave

Property image for 883 Franklin Avenue, Brooklyn, NY 11225
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Property type

Over Six Families without Stores (C1)

Year built

1925

Lot sq. ft.

7,500

Sale price

$6,100,000

General information

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Address
Primary address
883 Franklin Avenue
Alternate address(es)
883-889 Franklin Ave
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01280-0004

Owner

Find out who owns 883 Franklin Avenue, Brooklyn, NY 11225. Uncover corporate and individual owners with a free account.

Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
22,400
Building dimensions
75 ft x 88 ft
Buildings on lot
1
Stories
4
Year built
1925
Building material
Sales
Sale date
05/04/2016
Sale price
$6,100,000
Tax
Tax year
2026-2027
Property tax
$120,732
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
40
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 100 ft
Lot sq. ft.
7,500

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.59 Miles
Closest fire station
0.37 Miles

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Ownership information for 883 Franklin Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 883 Franklin Avenue, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
05/04/2016 $6,100,000 XXX XXXXXXXX XXX XXXXXXXX XX XXX
01/03/2012 $2,313,000 XXXXXXXX XX XXX XXX XXXXXXXX XXX
06/26/2008 $2,328,885 XXX XXXXXXXX XXX XXXXXXXX XXXXXXX 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
08/29/2019 - R UCC3 Termination
(2019082900477001)
XXX XXXXXXXX XXX XXXXXXXXX XXXX
08/30/2019 - R
08/27/2019 - D
Agreement
(2019082900540003)
XXXXXXXX XXXXX XXXX X X XXX XXXXXXXX XXX
08/30/2019 - R
08/20/2019 - D
Assignment, Mortgage
(2019082900540002)
XXXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
08/30/2019 - R
08/20/2019 - D
Termination of Assign of L&R
(2019082900540001)
XXXXXXXXX XXXX XXX XXXXXXXX XXX
05/23/2016 - R UCC3 Termination
(2016051100709002)
XXXXXXXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
05/06/2016 - R Initial UCC1
(2016050300711001)
XXX XXXXXXXX XXX XXXXXXXXX XXXX
05/23/2016 - R
05/04/2016 - D
Assignment of Leases and Rents
(2016051100709007)
XXX XXXXXXXX XXX XXXXXXXXX XXXX
05/23/2016 - R
05/04/2016 - D
Agreement
(2016051100709006)
XXX XXXXXXXX XXX XXXXXXXXX XXXX
05/23/2016 - R
05/04/2016 - D
Mortgage
(2016051100709005)
XXX XXXXXXXX XXX XXXXXXXXX XXXX
05/23/2016 - R
05/04/2016 - D
Assignment, Mortgage
(2016051100709004)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 883 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
$120,732
Municipal exemptions
Recent tax assessments
Market value
$2,231,000
Assessed value
$1,003,950

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 $2,529,000 $1,138,050 $1,007,310 12.439% $125,299 $115,936 +6.14%
2024/25 $2,442,000 $1,098,900 $948,720 12.5% $118,590 $109,226 +6.99%
2023/24 $2,323,000 $1,045,350 $891,480 12.502% $111,453 $102,089 +8.24%
2022/23 $2,309,000 $1,039,050 $845,190 12.267% $103,679 $94,316 +13.08%
2021/22 $1,685,000 $758,250 $758,250 12.235% $92,772 $83,408 -9.74%
2020/21 $1,878,000 $845,100 $753,300 12.267% $92,407 $92,407 +9.70%
2019/20 $1,806,000 $812,700 $675,360 12.473% $84,238 $84,238 +12.91%
2018/19 $1,713,000 $770,850 $591,570 12.612% $74,609 $74,609 +14.65%
2017/18 $1,537,000 $691,650 $511,650 12.719% $65,077 $65,077 +14.53%
2016/17 $1,436,000 $646,200 $440,730 12.892% $56,819 $56,819 +18.86%

Permit information for 883 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/19/2013 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/29/2014 Aeuhaz1-fail to certify class 1
01/29/2014 Aeuhaz1-fail to certify class 1
01/29/2014 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

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

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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 & Eastern Pkwy at SE Corner
Station lines
FS-2-3-4-5
Distance (miles)
0.14

Access the detailed traffic volume map for 883 Franklin Avenue, Brooklyn, NY 11225 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

Frequently asked questions

What is the year built for 883 Franklin Avenue, Brooklyn, NY 11225?

The development at 883 Franklin Avenue, Brooklyn, NY 11225 was built in 1925.

What is the total square footage of 883 Franklin Avenue, Brooklyn, NY 11225?

883 Franklin Avenue, Brooklyn, NY 11225 has a total of 22,400 square feet.

When was 883 Franklin Avenue, Brooklyn, NY 11225 last sold and what was the sale price?

883 Franklin Avenue, Brooklyn, NY 11225 was last sold on 05/04/2016 for $6,100,000.

What is the assessed value of 883 Franklin Avenue, Brooklyn, NY 11225?

883 Franklin Avenue, Brooklyn, NY 11225 is currently assessed at $1,003,950.

What are the property taxes for 883 Franklin Avenue, Brooklyn, NY 11225?

The property taxes for 883 Franklin Avenue, Brooklyn, NY 11225 total $124,881.

How many residential units does this building have?

This building has 40 residential unit(s).

Disclaimer

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