New York City  »  11205  »  Franklin Ave  »  56 Franklin Ave

56 Franklin Avenue, Brooklyn, NY 11205 - Property report

Also known as: 56 Franklin Ave

Property image for 56 Franklin Avenue, Brooklyn, NY 11205
static Mapbox map

Property type

Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)

Year built

2009

Lot sq. ft.

5,688

Sale price

$1,300,000

General information

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Address
Primary address
56 Franklin Avenue
Alternate address(es)
56-58 Franklin Ave
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01884-0067

Owner

Find out who owns 56 Franklin Avenue, Brooklyn, NY 11205. Uncover corporate and individual owners with a free account.

Building
Property type
Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)
Building sq. ft.
11,232
Building dimensions
50 ft x 75 ft
Buildings on lot
1
Stories
5
Year built
2009
Building material
Sales
Sale date
09/12/2006
Sale price
$1,300,000
Tax
Tax year
2026-2027
Property tax
$50,409
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
1
Lot
Lot dimensions
50 ft x 113.75 ft
Lot sq. ft.
5,688

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
88 /100.  Excellent Transit
Bike score
92 /100.  Biker's Paradise
School district
14
Community district
3
Closest police station
0.50 Miles
Closest fire station
0.30 Miles

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

Ownership

Ownership information for 56 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 56 Franklin Avenue, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
09/12/2006 $1,300,000 XX-XX XXXXXXX XXXXXX XXX XXXXXX XXXX XXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/22/2024 - R UCC3 Assignment
(2024022200196006)		 XX XX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
02/22/2024 - R UCC3 Assignment
(2024022200196003)		 XX XX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX XXX
10/01/2024 - R
01/25/2024 - D		 Discharge of Tax Lien
(2024100100220001)		 XXX XXXX XX XXX XXXX XXXXXX
02/22/2024 - R
12/12/2023 - D		 Asgn of Asgn of L&R
(2024022200196005)		 XXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
02/22/2024 - R
12/12/2023 - D		 Assignment, Mortgage
(2024022200196004)		 XXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
02/22/2024 - R
12/12/2023 - D		 Asgn of Asgn of L&R
(2024022200196002)		 XXXXXXXX XXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
02/22/2024 - R
12/12/2023 - D		 Assignment, Mortgage
(2024022200196001)		 XXXXXXXX XXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
10/20/2023 - R UCC3 Assignment
(2023101900630003)		 XXXXXXXX XXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
10/18/2023 - R UCC3 Termination
(2023101200688008)		 XXXX XXXXXXXX XXXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
10/18/2023 - R Initial UCC1
(2023101200688006)		 XXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 56 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
$50,409
Municipal exemptions
Recent tax assessments
Market value
$5,123,000
Assessed value
$2,305,350

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 $4,593,000 $2,066,850 $1,727,370 10.848% $187,385 $187,385 +387.26%
2024/25 $4,156,000 $1,870,200 $1,796,040 10.762% $193,290 $38,457 +41.91%
2023/24 $3,664,000 $1,648,800 $1,648,800 10.592% $174,641 $27,099 -10.62%
2022/23 $3,486,000 $1,568,700 $1,568,700 10.646% $167,004 $30,320 +33.35%
2021/22 $3,294,000 $1,482,300 $1,482,300 10.755% $159,421 $22,737 -90.04%
2020/21 $5,356,000 $2,410,200 $2,135,160 10.694% $228,334 $228,334 +10.38%
2019/20 $5,195,000 $2,337,750 $1,963,170 10.537% $206,859 $206,859 +9.29%
2018/19 $4,835,000 $2,175,750 $1,800,180 10.514% $189,271 $189,271 +10.71%
2017/18 $4,169,000 $1,876,050 $1,626,030 10.514% $170,961 $170,961 +8.40%
2016/17 $4,169,000 $1,876,050 $1,491,570 10.574% $157,719 $157,719 +10.17%
Permits

Permit information for 56 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/17/2018 Alteration
12/23/2010 Alteration type 3
05/25/2010 Place of assembly
03/23/2010 Alteration type 2
09/15/2009 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
09/16/2020 E-elevator elevatorrequired
09/04/2018 E-elevator elevatorrequired
11/04/2015 Aeuhaz1-fail to certify class 1

*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
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.483
View subway map

Access the detailed traffic volume map for 56 Franklin Avenue, Brooklyn, NY 11205 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 56 Franklin Avenue, Brooklyn, NY

64 Franklin Ave, Brooklyn 799 Kent Ave, Brooklyn 71 Franklin Ave, Brooklyn 791 Kent Ave, Brooklyn 65 Franklin Ave, Brooklyn 54 Franklin Ave, Brooklyn 34 Franklin Ave, Brooklyn 352 Kent Ave, Brooklyn 72 Franklin Ave, Brooklyn 67 Franklin Ave, Brooklyn 378 Flushing Ave, Brooklyn 376 Flushing Ave, Brooklyn 43 Franklin Ave, Brooklyn 777 Kent Ave, Brooklyn 781 Kent Ave, Brooklyn 60 Franklin Ave, Brooklyn 433 Park Ave, Brooklyn 445 Park Ave, Brooklyn 75 Franklin Ave, Brooklyn 37 Franklin Ave, Brooklyn

Nearby ZIP codes for 56 Franklin Avenue, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10038, New York City, NY 10278, New York City, NY 11201, New York City, NY 11206, New York City, NY 11211, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 56 Franklin Avenue, Brooklyn, NY 11205?

The development at 56 Franklin Avenue, Brooklyn, NY 11205 was built in 2009.

What is the market value of 56 Franklin Avenue, Brooklyn, NY 11205?

The current market value of 56 Franklin Avenue, Brooklyn, NY 11205 is $5,123,000.

What is the total square footage of 56 Franklin Avenue, Brooklyn, NY 11205?

56 Franklin Avenue, Brooklyn, NY 11205 has a total of 11,232 square feet.

What is the price per square foot for this property?

$115 per square foot is the price for 56 Franklin Avenue, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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