Kings  »  11216  »  Franklin Ave  »  373 Franklin Ave

373 Franklin Avenue, Brooklyn, NY 11216 - Property report

Also known as: 373 Franklin Ave

Property image for 373 Franklin Avenue, Brooklyn, NY 11216
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2006

Lot sq. ft.

4,500

Sale price

$1,000,000

General information

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Address
Primary address
373 Franklin Avenue
Alternate address(es)
113-115 Quincy St
373-377 Franklin Ave
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01971-0055

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
13,452
Building dimensions
45 ft x 54.35 ft
Buildings on lot
1
Stories
5
Year built
2006
Building material
Sales
Sale date
09/06/2005
Sale price
$1,000,000 - M
Tax
Tax year
2026-2027
Property tax
$597
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
10
Residential sq. ft.
Commercial units
1
Lot
Lot dimensions
45 ft x 100 ft
Lot sq. ft.
4,500

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.30 Miles
Closest fire station
0.29 Miles

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Ownership information for 373 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 373 Franklin Avenue, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
09/06/2005 $1,000,000 XXX XXXXXXXX XXXXXX XXX X XXXXXX XXXXXXXXXX, XXX
04/01/2003 $315,000 X XXXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXX.
08/15/2002 $7,500 XXXXXXX XXXXXXX XXX. XXXXXXXXXXX, XXXXX XXXXX XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/08/2026 - R UCC3 Continuation
(2026010700995001)
XXX XXXXXXXX XXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
08/27/2021 - R UCC3 Assignment
(2021082401714002)
XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
08/27/2021 - R
07/19/2021 - D
Assignment, Mortgage
(2021082401714001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/23/2021 - R Initial UCC1
(2021042600072007)
XXX XXXXXXXX XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
06/23/2021 - R UCC3 Termination
(2021042600072001)
XXX XXXXXXXX XXXXXX XXX XXXXXXX XXX X X
06/23/2021 - R
04/07/2021 - D
Assignment, Mortgage
(2021042600072006)
XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
06/23/2021 - R
04/07/2021 - D
Agreement
(2021042600072005)
XXX XXXXXXXX XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
06/23/2021 - R
04/07/2021 - D
Mortgage
(2021042600072004)
XXX XXXXXXXX XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
06/23/2021 - R
04/07/2021 - D
Termination of Assign of L&R
(2021042600072002)
XXXXXXX XXX X X XXX XXXXXXXX XXXXXX XXX
06/23/2021 - R
03/22/2021 - D
Assignment, Mortgage
(2021042600072003)
XXXXXXX XXX X X XXXXXXXXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 373 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
$597
Municipal exemptions
Recent tax assessments
Market value
$2,077,000
Assessed value
$934,650

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 $1,925,000 $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%
2020/21 $2,032,000 $914,400 $4,800 12.267% $99,230 $589 -1.65%
2019/20 $1,833,000 $824,850 $4,800 12.473% $92,938 $599 -1.10%
2018/19 $1,756,000 $790,200 $4,800 12.612% $86,243 $605 -0.84%
2017/18 $1,707,000 $768,150 $4,800 12.719% $79,077 $611 -1.34%
2016/17 $1,660,000 $747,000 $4,800 12.892% $82,867 $619 +0.07%

Permit information for 373 Franklin Avenue, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/01/2020 E-elevator
08/04/2017 E-elevator
05/21/2015 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Bedford Ave & Lafayette Ave at SW Corner
Station lines
G
Distance (miles)
0.205

Access the detailed traffic volume map for 373 Franklin Avenue, Brooklyn, NY 11216 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 373 Franklin Avenue, Brooklyn, NY 11216?

The development at 373 Franklin Avenue, Brooklyn, NY 11216 was built in 2006.

What is the market value of 373 Franklin Avenue, Brooklyn, NY 11216?

The current market value of 373 Franklin Avenue, Brooklyn, NY 11216 is $2,077,000.

What is the total square footage of 373 Franklin Avenue, Brooklyn, NY 11216?

373 Franklin Avenue, Brooklyn, NY 11216 has a total of 13,452 square feet.

What is the price per square foot for this property?

$74 per square foot is the price for 373 Franklin Avenue, Brooklyn, NY 11216.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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