Kings  »  11205  »  Franklin Ave  »  162 Franklin Ave

162 Franklin Avenue, Brooklyn, NY 11205 - Property report

Also known as: 162 Franklin Ave

Property image for 162 Franklin Avenue, Brooklyn, NY 11205
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1905

Lot sq. ft.

2,642

General information

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Address
Primary address
162 Franklin Avenue
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01912-0037

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
5,625
Building dimensions
25 ft x 75 ft
Buildings on lot
1
Stories
3
Year built
1905
Building material
Tax
Tax year
2026-2027
Property tax
$14,246
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 105.75 ft
Lot sq. ft.
2,642

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
91 /100.  Rider's Paradise
Bike score
97 /100.  Biker's Paradise
School district
14
Community district
3
Closest police station
0.27 Miles
Closest fire station
0.54 Miles

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Ownership information for 162 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 162 Franklin Avenue, Brooklyn, NY 11205

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/11/2003 - R
06/16/2003 - D
Satisfaction of Mortgage
(2003062501062001)
XXXXXXXX XX
02/16/1990 - R Satisfaction of Mortgage
(3540001518754)
XXX XXXXX XXXX XXXXX XXXXX XXXX XXXX
05/23/1989 - R Satisfaction of Mortgage
(3270001455927)
XXX XXXXX XXXX XXXXXX XXXXX X
05/23/1989 - R Mortgage
(3310001455831)
XXXX XXXXXXX XXXXXXXX XX
05/23/1989 - R Deed
(3300001455830)
XXX XXXX XXXX XXXX XXXXXXX
01/25/1988 - R Satisfaction of Mortgage
(3700001337070)
X X X XXXXXXXXXXX XXXX XXXXXX XXXXXXXXXXX XXX
01/19/1988 - R Uniform Commercial Code 1
(3550001845755)
XXXXXX XXXXX
12/23/1987 - R Assignment, Mortgage
(3000001329600)
XXXXXX XXXXX X XXXX XXXXX
12/15/1987 - R Mortgage
(3120001326712)
XXX XXXXXXXXXXX XXXX XXXXX XXXXX XXXX XXXX
12/15/1987 - R Satisfaction of Mortgage
(3230001327023)
X X X XXXXXXXXXXX XXXX XXXXXX XXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 162 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
$14,246
Municipal exemptions
Recent tax assessments
Market value
$1,535,000
Assessed value
$690,750

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 $1,279,000 $575,550 $106,042 12.439% $13,191 $13,191 -0.49%
2024/25 $1,065,600 $479,520 $106,042 12.5% $13,255 $13,255 +3.22%
2023/24 $888,000 $399,600 $102,714 12.502% $12,841 $12,841 +10.05%
2022/23 $740,000 $333,000 $95,122 12.267% $11,669 $11,669 +8.26%
2021/22 $592,300 $266,535 $88,095 12.235% $10,778 $10,778 +7.71%
2020/21 $575,000 $258,750 $81,571 12.267% $10,006 $10,006 -1.65%
2019/20 $478,800 $215,460 $81,571 12.473% $10,174 $10,174 +2.10%
2018/19 $399,000 $179,550 $79,011 12.612% $9,965 $9,965 +7.07%
2017/18 $354,000 $159,300 $73,171 12.719% $9,307 $9,307 +6.53%
2016/17 $283,000 $127,350 $67,765 12.892% $8,736 $8,736 +8.07%

Permit information for 162 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/03/2025 Alteration
07/14/2025 Alteration
07/08/2025 Alteration
04/23/2025 Alteration
02/01/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
09/02/2020 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

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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
Bedford Ave & Lafayette Ave at NW Corner
Station lines
G
Distance (miles)
0.334

Access the detailed traffic volume map for 162 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

Frequently asked questions

What is the year built for 162 Franklin Avenue, Brooklyn, NY 11205?

The development at 162 Franklin Avenue, Brooklyn, NY 11205 was built in 1905.

What is the total square footage of 162 Franklin Avenue, Brooklyn, NY 11205?

162 Franklin Avenue, Brooklyn, NY 11205 has a total of 5,625 square feet.

What is the assessed value of 162 Franklin Avenue, Brooklyn, NY 11205?

162 Franklin Avenue, Brooklyn, NY 11205 is currently assessed at $690,750.

What are the property taxes for 162 Franklin Avenue, Brooklyn, NY 11205?

The property taxes for 162 Franklin Avenue, Brooklyn, NY 11205 total $14,245.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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