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373 Franklin Avenue, Brooklyn, NY 11216 Property Information

373 Franklin Avenue, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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373 Franklin Avenue, Brooklyn, NY 11216 1
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Address

Primary address 373 Franklin Avenue
Secondary address 373-377 Franklin Ave
Neighborhood Bedford-Stuyvesant
Zip code 11216
Borough Brooklyn
Block & lot 01971-0055

Sales & Tax Overview for 373 Franklin Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 09/06/2005
Purchase price $1,000,000
Tax class
Estimated property tax $597

Lot & Building Information for 373 Franklin Avenue, Brooklyn

Lot sqft 4,500
Lot dimensions 45 ft x 100 ft
Building class Elevator Apartment - Semi-Fireproof with Stores (D7) i
Building sqft 13,452
Building dimensions 45 ft x 54.35 ft
Buildings on lot 1
Stories 5
Year built 2006
Construction type
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Zoning & Use for 373 Franklin Avenue, Brooklyn

Zoning
Residential units (DOF) 10
Regulated units
Commercial units 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.30 Miles
Closest fire station 0.29 Miles

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

Other Property Data for 373 Franklin Avenue, Brooklyn

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Floor area ratio (FAR) for 373 Franklin Avenue, Brooklyn, NY 11216, 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 373 Franklin Avenue, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 373-377 Franklin Ave, Brooklyn, NY 11216
  • 113-115 Quincy St, Brooklyn, NY 11216

About 373 Franklin Avenue, Brooklyn

How many sq. ft. does 373 Franklin Avenue, Brooklyn, NY 11216 have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 373 Franklin Avenue, Brooklyn, NY 11216 has a total of 13,452 square feet and a current price per square foot of $74.

What is the year built & the current market value of 373 Franklin Avenue, Brooklyn, NY 11216?

373 Franklin Avenue, Brooklyn, NY 11216 was built in 2006 and has a current tax assessor's market value of $1,925,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 373 Franklin Avenue, Brooklyn

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Property owner name for 373 Franklin Avenue, Brooklyn, NY 11216
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Building contacts for 373 Franklin Avenue, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 373 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 373 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/06/2005 $1,000,000
04/01/2003 $315,000
08/15/2002 $7,500
       
       
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*Here are the three most recent sales for this property.

Title Documents for 373 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
01/08/2026 - R UCC3 Continuation
(2026010700995001)
08/27/2021 - R UCC3 Assignment
(2021082401714002)
07/19/2021 - D
08/27/2021 - R
Assignment, Mortgage
(2021082401714001)
06/23/2021 - R Initial UCC1
(2021042600072007)
06/23/2021 - R UCC3 Termination
(2021042600072001)
04/07/2021 - D
06/23/2021 - R
Assignment, Mortgage
(2021042600072006)
04/07/2021 - D
06/23/2021 - R
Agreement
(2021042600072005)
04/07/2021 - D
06/23/2021 - R
Mortgage
(2021042600072004)
04/07/2021 - D
06/23/2021 - R
Termination of Assign of L&R
(2021042600072002)
03/22/2021 - D
06/23/2021 - R
Assignment, Mortgage
(2021042600072003)
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R: Recorded date
D: Document date

Property Taxes for 373 Franklin Avenue, Brooklyn

Access detailed property tax data for 373 Franklin Avenue, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $597
Estimated property tax: $597
Tax assessor's market value: $1,925,000
Assessed value: $866,250
Exemptions granted by city:

Assessment History for 373 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 373 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 $1,925,000 $866,250 $4,800 12.439% $107,753 $597 -0.49%
2024/25 $1,927,000 $867,150 $4,800 12.5% $108,394 $600 -0.02%
2023/24 $2,006,000 $902,700 $4,800 12.502% $108,501 $600 +1.92%
2022/23 $1,871,000 $841,950 $4,800 12.267% $103,282 $589 +0.31%
2021/22 $1,901,000 $855,450 $4,800 12.235% $101,625 $587 -0.31%

Permits for 373 Franklin Avenue, Brooklyn

The complete history of permits filed for 373 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
05/05/2019 Alteration
01/31/2019 Alteration type 2
01/24/2019 Alteration type 2
11/04/1998 Full demolition
10/19/1998 Full demolition
03/31/1994 Alteration type 2
02/04/1994 Alteration type 2
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Bedford Ave & Lafayette Ave at SW Corner
Station lines G
Distance (miles) 0.205
View subway map
Bus Routes
Name Franklin Av/Gates Av
Line B48
Distance (miles) 0.06

Neighbors for 373 Franklin Avenue, Brooklyn

Here are the neighbors for 373 Franklin Avenue, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
121 Quincy St, Brooklyn 4,950 10/17/2007
203 Gates Ave, Brooklyn 3,440 12/20/2001
195 Gates Ave, Brooklyn 3,771 12/06/2014
123 Quincy St, Brooklyn 3,420 05/05/2021
197 Gates Ave, Brooklyn 4,048 09/18/2025 $1,600,000
414 Classon Ave, Brooklyn 08/09/2021
125 Quincy St, Brooklyn 3,420 05/30/2014
133 Quincy St, Brooklyn 3,600 10/19/2001
135 Quincy St, Brooklyn 1,530 02/24/2022 $1,235,000
131 Quincy St, Brooklyn 4,800 12/03/1999
129 Quincy St, Brooklyn 4,000 02/18/2015 $300,000
424 Classon Ave, Brooklyn 2,415 12/31/2019
199 Gates Ave, Brooklyn 2,592 11/26/2024
193 Gates Ave, Brooklyn 3,300 01/22/2007 $1,150,000
28 Quincy St, Brooklyn 10,974 03/19/2014
201 Gates Ave, Brooklyn 4,200 11/13/2024 $2,300,000
117 Quincy St, Brooklyn 2,700 07/16/2021
119 Quincy St, Brooklyn 2,800 12/29/2022
127 Quincy St, Brooklyn 1,800 11/10/2023
133 A Quincy St, Brooklyn 7,800 04/08/2022
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