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56 Franklin Avenue, Brooklyn, NY 11205 Property Information

56 Franklin Avenue, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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56 Franklin Avenue, Brooklyn, NY 11205 1
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Address

Primary address 56 Franklin Avenue
Secondary address 56-58 Franklin Ave
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01884-0067

Sales & Tax Overview for 56 Franklin Avenue, Brooklyn

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Purchase date 09/12/2006
Purchase price $1,300,000
Tax class

Lot & Building Information for 56 Franklin Avenue, Brooklyn

Lot sq. ft. 5,688
Lot dimensions 50 ft x 113.75 ft
Property type Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)
Building sqft 11,232
Building dimensions 50 ft x 75 ft
Buildings on lot 1
Stories 5
Year built 2009
Construction type
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Zoning & Use for 56 Franklin Avenue, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 3
Closest police station 0.50 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 56 Franklin Avenue, Brooklyn

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Floor area ratio (FAR) for 56 Franklin Avenue, Brooklyn, NY 11205, 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 56 Franklin Avenue, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 56-58 Franklin Ave, Brooklyn, NY 11205

About 56 Franklin Avenue, Brooklyn

How many sq. ft. does 56 Franklin Avenue, Brooklyn, NY 11205 have & what is the price per sq. ft?

This Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB) located at 56 Franklin Avenue, Brooklyn, NY 11205 has a total of 11,232 square feet and a current price per square foot of $115.

What is the year built & the current market value of 56 Franklin Avenue, Brooklyn, NY 11205?

56 Franklin Avenue, Brooklyn, NY 11205 was built in 2009 and has a current tax assessor's market value of $5,123,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 56 Franklin Avenue, Brooklyn

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Property owner name for 56 Franklin Avenue, Brooklyn, NY 11205
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Building contacts for 56 Franklin Avenue, Brooklyn, NY 11205
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 56 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 56 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/12/2006 $1,300,000

Title Documents for 56 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
02/22/2024 - R UCC3 Assignment
(2024022200196006)
02/22/2024 - R UCC3 Assignment
(2024022200196003)
10/01/2024 - R
01/25/2024 - D
Discharge of Tax Lien
(2024100100220001)
02/22/2024 - R
12/12/2023 - D
Asgn of Asgn of L&R
(2024022200196005)
02/22/2024 - R
12/12/2023 - D
Assignment, Mortgage
(2024022200196004)
02/22/2024 - R
12/12/2023 - D
Asgn of Asgn of L&R
(2024022200196002)
02/22/2024 - R
12/12/2023 - D
Assignment, Mortgage
(2024022200196001)
10/20/2023 - R UCC3 Assignment
(2023101900630003)
10/18/2023 - R UCC3 Termination
(2023101200688008)
10/18/2023 - R Initial UCC1
(2023101200688006)
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R: Recorded date
D: Document date

Property Taxes for 56 Franklin Avenue, Brooklyn

Access detailed property tax data for 56 Franklin Avenue, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $50,409
Tax assessor's market value: $5,123,000
Assessed value: $2,305,350

Assessment History for 56 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 56 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 $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%

Permits for 56 Franklin Avenue, Brooklyn

The complete history of permits filed for 56 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
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
09/04/2009 Alteration type 3
07/22/2009 Alteration type 2
07/20/2009 Alteration type 2
12/23/2008 Alteration type 2
12/11/2008 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)
Hurricane evacuation zone: 3 (See more on map)

Transportation

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

Neighbors for 56 Franklin Avenue, Brooklyn

Here are the neighbors for 56 Franklin Avenue, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
64 Franklin Ave, Brooklyn 13,440 06/08/2023 $5,600,000
799 Kent Ave, Brooklyn 39,095 02/27/2018
71 Franklin Ave, Brooklyn 3,300 05/15/2012 $1,500,000
791 Kent Ave, Brooklyn 17,204 02/23/1973
65 Franklin Ave, Brooklyn 7,500 05/15/2012 $1,500,000
54 Franklin Ave, Brooklyn 08/23/1999
34 Franklin Ave, Brooklyn 27,228 07/31/1985
352 Kent Ave, Brooklyn 27,729
72 Franklin Ave, Brooklyn 52,816 04/28/2021
67 Franklin Ave, Brooklyn 2,530 11/05/2015
378 Flushing Ave, Brooklyn 111,166 06/02/2020
376 Flushing Ave, Brooklyn 65,702 06/02/2020
43 Franklin Ave, Brooklyn 16,052 05/21/2025
777 Kent Ave, Brooklyn 47,800 07/26/2022
781 Kent Ave, Brooklyn 23,125 08/23/1999
62 Franklin Ave, Brooklyn 11,200 06/07/2023 $4,100,000
433 Park Ave, Brooklyn 10,000 12/30/2014 $2,600,000
445 Park Ave, Brooklyn 18,540 08/06/2007
75 Franklin Ave, Brooklyn 2,880 12/30/2015
37 Franklin Ave, Brooklyn 06/30/2025
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