7 Franklin Avenue, Brooklyn, NY 11249 - Property report

Also known as: 7 Franklin Ave

Property image for 7 Franklin Avenue, Brooklyn, NY 11249
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

2004

Lot sq. ft.

1,270

Sale price

$2,884,700

General information

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Address
Primary address
7 Franklin Avenue
ZIP code
11249
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02262-0001

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
6,250
Building dimensions
50 ft x 25.1 ft
Buildings on lot
1
Stories
4
Year built
2004
Building material
Sales
Sale date
03/30/2016
Sale price
$2,884,700
Tax
Tax year
2026-2027
Property tax
$9,755
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50.44 ft x 25.17 ft
Lot sq. ft.
1,270

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
14
Community district
1
Closest police station
0.60 Miles
Closest fire station
0.23 Miles

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Ownership information for 7 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 7 Franklin Avenue, Brooklyn, NY 11249

Sale date Sale price Buyer name Seller name
03/30/2016 $2,884,700 XXXXX XXXXXXXX XXX XXXXXXXX XXXXXXX XX XXX
07/03/2014 $1,300,000 XXXXXXXX XXXXXXX XX XXX X XXXXXXXX XXXXXX XXX
11/20/2007 $1,200,000 XXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXX 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
12/09/2022 - R
08/30/2022 - D
Deed
(2022090700555001)
XXXXX XXXXXXXX XXX XXXXXXXX XXXXXX XXXXXXXX XXX
09/13/2018 - R UCC3 Termination
(2018091200687003)
XXXXX XXXXXXXX XXX XXXXX X XXX
09/13/2018 - R Initial UCC1
(2018091200687001)
XXXXX XXXXXXXX XXX XXXXX XXXXXXXX XXXX
09/13/2018 - R
09/05/2018 - D
Termination of Assign of L&R
(2018091200687002)
XXXXX X XXX
09/13/2018 - R
09/05/2018 - D
Assignment of Leases and Rents
(2018091200654003)
XXXXX XXXXXXXX XXX XXXXX XXXXXXXX XXXX
09/13/2018 - R
09/05/2018 - D
Agreement
(2018091200654002)
XXXXX XXXXXXXX XXX XXXXX XXXXXXXX XXXX
09/13/2018 - R
09/05/2018 - D
Assignment, Mortgage
(2018091200654001)
XXXXX X XXX XXX XXXX
08/29/2018 - R
08/28/2018 - D
Satisfaction of Mortgage
(2018082800849001)
X XXXXXXXX XXXXXX XXX XXXXX XXXX
08/29/2018 - R
08/28/2018 - D
Satisfaction of Mortgage
(2018082800820001)
X XXXXXXXX XXXXXX XXX XXXXX XXXX
04/12/2016 - R UCC3 Termination
(2016040700199002)
XXXXXXXX XXXXXXX XX XXX XXXX XXXXX XXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 7 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
$9,755
Municipal exemptions
Recent tax assessments
Market value
$732,000
Assessed value
$329,400

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 $726,000 $326,700 $36,472 10.848% $31,486 $3,956 +27.65%
2024/25 $673,000 $302,850 $28,800 10.762% $31,895 $3,099 +11.35%
2023/24 $629,000 $283,050 $26,280 10.592% $29,981 $2,784 -90.14%
2022/23 $589,000 $265,050 $265,050 10.646% $28,217 $28,217 +1135.43%
2021/22 $608,000 $273,600 $21,240 10.755% $29,426 $2,284 +14.09%
2020/21 $794,000 $357,300 $18,720 10.694% $32,069 $2,002 +17.28%
2019/20 $698,000 $314,100 $16,200 10.537% $28,706 $1,707 +0.22%
2018/19 $680,000 $306,000 $16,200 10.514% $26,173 $1,703 0.00%
2017/18 $614,000 $276,300 $16,200 10.514% $23,874 $1,703 -0.57%
2016/17 $546,000 $245,700 $16,200 10.574% $22,573 $1,713 -0.77%

Permit information for 7 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/10/2006 Alteration type 3
04/10/2006 Alteration type 3
01/06/2004 Alteration type 3
01/06/2004 Alteration type 3
12/23/2003 New building

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/25/2023 Lblvio-low pressure boiler boiler required
01/30/2017 E-elevator
11/14/2016 E-elevator

*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
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.454

Access the detailed traffic volume map for 7 Franklin Avenue, Brooklyn, NY 11249 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 7 Franklin Avenue, Brooklyn, NY 11249?

The development at 7 Franklin Avenue, Brooklyn, NY 11249 was built in 2004.

What is the market value of 7 Franklin Avenue, Brooklyn, NY 11249?

The current market value of 7 Franklin Avenue, Brooklyn, NY 11249 is $732,000.

What is the total square footage of 7 Franklin Avenue, Brooklyn, NY 11249?

7 Franklin Avenue, Brooklyn, NY 11249 has a total of 6,250 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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