New York City  »  11205  »  Franklin Ave  »  197 Franklin Ave

197 Franklin Avenue, Brooklyn, NY 11205 - Property report

Also known as: 197 Franklin Ave

Property image for 197 Franklin Avenue, Brooklyn, NY 11205
static Mapbox map

Property type

Three Families (C0)

Year built

1969

Lot sq. ft.

2,400

Sale price

$2,600,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
197 Franklin Avenue
Alternate address(es)
332-338 Willoughby Ave
340 Willoughby Ave
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01927-0030

Owner

Find out who owns 197 Franklin Avenue, Brooklyn, NY 11205. Uncover corporate and individual owners with a free account.

Building
Property type
Three Families (C0)
Building sq. ft.
4,416
Building dimensions
24 ft x 100 ft
Buildings on lot
2
Stories
3
Year built
1969
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
01/28/2022
Sale price
$2,600,000
Tax
Tax year
2026-2027
Property tax
$5,972
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
3
Residential sq. ft.
Lot
Frontage(s)
Franklin Avenue (narrow)
Willoughby Avenue (narrow)
Nearest wide street
Bedford Avenue
Distance to wide street
Lot dimensions
24 ft x 100 ft
Lot sq. ft.
2,400

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
96 /100.  Biker's Paradise
School district
13
Community district
3
Closest police station
0.23 Miles
Closest fire station
0.60 Miles

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

Ownership information for 197 Franklin Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 197 Franklin Avenue, Brooklyn, NY 11205

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/30/2023 - R
11/28/2023 - D
Zoning Lot Description
(2023113000276002)
XXX XXX XXX
11/30/2023 - R
11/28/2023 - D
Certificate
(2023113000276001)
XXXXXXX XXXXX XXXXXX XXX
06/30/2023 - R Initial UCC1
(2023062800321005)
XXX XXX XXX XXXXX XX XXXXXXX XXX
06/30/2023 - R
06/20/2023 - D
Assignment of Leases and Rents
(2023062800321004)
XXX XXX XXX XXXXX XX XXXXXXX XXX
06/30/2023 - R
06/20/2023 - D
Mortgage
(2023062800321003)
XXX XXX XXX XXXXX XX XXXXXXX XXX
06/30/2023 - R
06/20/2023 - D
Deed
(2023062800321001)
XXXXXXXXXXX XXXXXX XXX XXX XXX
02/25/2022 - R
01/28/2022 - D
Mortgage
(2022020201465002)
XXXXXXXXXXX XXXXXX XXXX
02/25/2022 - R
01/28/2022 - D
Deed
(2022020201465001)
XXX XXXXXXXX XXXXXX XXX XXXXXXXXXXX XXXXXX
07/09/2012 - R
06/14/2012 - D
Termination of Assign of L&R
(2012061901044002)
XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXX XXXXXXXXXXX XXX
07/09/2012 - R
06/14/2012 - D
Satisfaction of Mortgage
(2012061901044001)
XXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 197 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
$5,972
Municipal exemptions
Recent tax assessments
Market value
$2,045,000
Assessed value
$122,700

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 $1,930,000 $115,800 $29,238 19.843% $5,802 $5,802 +2.52%
2024/25 $1,845,000 $110,700 $28,176 20.085% $5,659 $5,659 +6.00%
2023/24 $1,922,000 $115,320 $26,582 20.085% $5,339 $5,339 +4.82%
2022/23 $1,772,000 $106,320 $25,081 20.309% $5,094 $5,094 +1.73%
2021/22 $1,517,000 $91,020 $25,081 19.963% $5,007 $5,007 -2.35%
2020/21 $960,000 $57,600 $24,365 21.045% $5,128 $5,128 +3.17%
2019/20 $835,000 $50,100 $23,480 21.167% $4,970 $4,970 +7.25%
2018/19 $696,000 $41,760 $22,152 20.919% $4,634 $4,634 +8.76%
2017/18 $649,000 $38,940 $20,901 20.385% $4,261 $4,261 +1.97%
2016/17 $541,000 $32,460 $20,901 19.991% $4,178 $4,178 +5.24%

Permit information for 197 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/28/2023 Alt-CO - new building with existing elements to remain
12/28/2023 Alteration type 3
12/28/2023 Alteration type 3
12/15/2023 Alteration
07/25/2023 Alt-CO - new building with existing elements to remain

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Clinton Hill residential market stats

Access a detailed real estate market overview of Clinton Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Clinton Hill and compare it to other neighborhoods in Brooklyn.

Median sale price

$929,000

0.4% Y-o-Y

Median price/sq. ft.

$1,152

-1.5% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
-

Subway & traffic

Closest station
Bedford Ave & Lafayette Ave at NW Corner
Station lines
G
Distance (miles)
0.244

Access the detailed traffic volume map for 197 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 54 Samuel C Barnes 4 Yes Public PK, K-5 155 0.24
P.S. 54 Samuel C Barnes 4 Yes Public PK, K-5 155 0.24
Bnos Square of Williamsburg NR No Private PK, K-6 0 0.11
Bnos Square of Williamsburg NR No Private PK, K-6 0 0.11
Talmud Torah Tashbar NR No Private PK, K-10 0 0.17
Talmud Torah Tashbar NR No Private PK, K-10 0 0.17
Talmud Torah Tashbar NR No Private PK, K-10 331 0.17
P.S. 157 Benjamin Franklin 4 No Public PK, K-8 270 0.23
P.S. 157 Benjamin Franklin 4 No Public PK, K-8 270 0.23
P.S. 270 Johann Dekalb 1 No Public PK, K-5 96 0.27
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Talmud Torah Tashbar NR No Private PK, K-10 0 0.17
Talmud Torah Tashbar NR No Private PK, K-10 331 0.17
P.S. 157 Benjamin Franklin 4 No Public PK, K-8 270 0.23
Talmud Torah Dnitra NR No Private PK, K-12 500 0.24
Community Partnership Charter School 7 No Charter PK, K-8 371 0.27
Bnos Spinka Boys School NR No Private PK-9 330 0.32
Mosdos Krula NR No Private PK-7 307 0.32
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Brooklyn High School For Leadership And Community 1 No Public 9-12 139 0.09
Brooklyn Community High School Communication Arts An NR No Public 9-12 515 0.09
Talmud Torah Tashbar NR No Private PK, K-10 0 0.17
Talmud Torah Tashbar NR No Private PK, K-10 331 0.17
Ohel Elozer NR No Private 9-12 0 0.17
Talmud Torah Dnitra NR No Private PK, K-12 500 0.24
Hychel Hatorah NR No Private 9-12 0 0.31

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 197 Franklin Avenue, Brooklyn, NY 11205?

The development at 197 Franklin Avenue, Brooklyn, NY 11205 was built in 1969.

What is the total square footage of 197 Franklin Avenue, Brooklyn, NY 11205?

197 Franklin Avenue, Brooklyn, NY 11205 has a total of 4,416 square feet.

When was 197 Franklin Avenue, Brooklyn, NY 11205 last sold and what was the sale price?

197 Franklin Avenue, Brooklyn, NY 11205 was last sold on 01/28/2022 for $2,600,000.

What is the assessed value of 197 Franklin Avenue, Brooklyn, NY 11205?

197 Franklin Avenue, Brooklyn, NY 11205 is currently assessed at $122,700.

What are the property taxes for 197 Franklin Avenue, Brooklyn, NY 11205?

The property taxes for 197 Franklin Avenue, Brooklyn, NY 11205 total $5,972.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.

Sign up for a free account