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402 Franklin Avenue, Brooklyn, NY 11238 Property Information

402 Franklin Avenue, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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402 Franklin Avenue, Brooklyn, NY 11238 1
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Address

Primary address 402 Franklin Avenue
Neighborhood Bedford-Stuyvesant
Zip code 11238
Borough Brooklyn
Block & lot 01985-0044

Sales & Tax Overview for 402 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 11/21/2018
Purchase price $1,820,000
Tax class

Lot & Building Information for 402 Franklin Avenue, Brooklyn

Lot sq. ft. 1,583
Lot dimensions 16.67 ft x 95 ft
Property type Converted Dwellings or Rooming House (C5)
Building sqft 2,876
Building dimensions 16.67 ft x 40 ft
Buildings on lot 1
Stories 3
Year built 1931
Year last altered 2016
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Zoning & Use for 402 Franklin Avenue, Brooklyn

Zoning
Residential units (DOF) 7
Residential sqft

Area Overview

Walk Score
95 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
84 /100. Very Bikeable

School district 13
Community district 3
Closest police station 0.39 Miles
Closest fire station 0.28 Miles

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

Other Property Data for 402 Franklin Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 402 Franklin Avenue, Brooklyn, NY 11238, 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 402 Franklin Avenue, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 402 Franklin Avenue, Brooklyn

How many sq. ft. does 402 Franklin Avenue, Brooklyn, NY 11238 have & what is the price per sq. ft?

This Converted Dwellings or Rooming House (C5) located at 402 Franklin Avenue, Brooklyn, NY 11238 has a total of 2,876 square feet and a current price per square foot of $632.

What is the year built & the current market value of 402 Franklin Avenue, Brooklyn, NY 11238?

402 Franklin Avenue, Brooklyn, NY 11238 was built in 1931 and has a current tax assessor's market value of $1,800,000.

Ownership Information for 402 Franklin Avenue, Brooklyn

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Property owner name for 402 Franklin Avenue, Brooklyn, NY 11238
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Building contacts for 402 Franklin Avenue, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
Laura Pop-Badiu, Jul 29, 2026 How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
When it comes to efficiently contacting property owners, the challenge is twofold: First, you need to identify the right owner. Then, you need to reach that owner through the appropriate channel with the right message. Enhanced by effective follow-up tips and tactics, this guide is particularly useful for investors, agents and other real estate professionals who need an effective outreach process.
Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
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Past Sales & Property History for 402 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 402 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
11/21/2018 $1,820,000
12/08/2011 $700,000
08/05/2009 $900,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 402 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
01/08/2024 - R
10/30/2023 - D		 Mortgage
(2024010400732001)
12/24/2018 - R
12/12/2018 - D		 Satisfaction of Mortgage
(2018121300474001)
12/03/2018 - R
11/21/2018 - D		 Mortgage
(2018112900041002)
12/03/2018 - R
11/21/2018 - D		 Deed
(2018112900041001)
12/03/2018 - R
11/19/2018 - D		 Satisfaction of Mortgage
(2018112900041003)
12/13/2016 - R
09/09/2016 - D		 Deed
(2016121200753001)
06/16/2016 - R
06/06/2016 - D		 Satisfaction of Mortgage
(2016060701160001)
05/10/2016 - R
03/17/2016 - D		 Subordination of Mortgage
(2016042900223001)
05/10/2016 - R
03/14/2016 - D		 Assignment, Mortgage
(2016042900206001)
03/10/2014 - R
12/17/2013 - D		 Assignment, Mortgage
(2014022501130001)
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R: Recorded date
D: Document date

Property Taxes for 402 Franklin Avenue, Brooklyn

Access detailed property tax data for 402 Franklin Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $16,081
Tax assessor's market value: $1,800,000
Assessed value: $810,000

More about New York City Property Taxes

Assessment History for 402 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 402 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 $1,500,000 $675,000 $124,615 12.439% $15,501 $15,501 +3.08%
2024/25 $1,250,400 $562,680 $120,296 12.5% $15,037 $15,037 +7.79%
2023/24 $1,042,000 $468,900 $111,587 12.502% $13,951 $13,951 +10.07%
2022/23 $868,000 $390,600 $103,321 12.267% $12,674 $12,674 +4.17%
2021/22 $694,200 $312,390 $99,446 12.235% $12,167 $12,167 +3.47%
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Permits for 402 Franklin Avenue, Brooklyn

The complete history of permits filed for 402 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
07/03/2018 Alteration
06/01/2018 Alteration
02/16/2016 Alteration type 1
11/19/2014 Alteration type 2
07/18/2014 Alteration type 1
02/27/2014 Alteration type 1
06/28/2012 Alteration type 2
03/11/2005 Alteration type 1
10/17/2000 Alteration type 2
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More about New York City Property Records

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 Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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 Franklin Ave & Fulton St at NE Corner
Station lines A-C-FS
Distance (miles) 0.264
View subway map

Neighbors for 402 Franklin Avenue, Brooklyn

Here are the neighbors for 402 Franklin Avenue, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
406 Franklin Ave, Brooklyn 2,680 02/20/2015
55 Monroe St, Brooklyn 2,253 07/31/1987
240 Gates Ave, Brooklyn 2,016 04/30/2012
47 Monroe St, Brooklyn 3,024 11/05/1999
57 Monroe St, Brooklyn 2,268 08/28/2007
53 Monroe St, Brooklyn 2,916 02/08/2021 $2,875,000
260 Gates Ave, Brooklyn 13,320 01/31/2011
256 Gates Ave, Brooklyn 14,600 01/31/2011
250 Gates Ave, Brooklyn 4,687 12/11/2014
248 Gates Ave, Brooklyn 4,281 11/12/2009 $967,000
61 Monroe St, Brooklyn 3,084 08/31/2022
51 Monroe St, Brooklyn 2,916 04/18/2025 $1,945,000
49 Monroe St, Brooklyn 2,916 07/03/2002
244 Gates Ave, Brooklyn 3,748 10/23/2017
242 Gates Ave, Brooklyn 2,912 12/27/2023 $3,250,000
236 Gates Ave, Brooklyn 4,000 02/11/1999
404 Franklin Ave, Brooklyn 2,640 03/29/2022
246 Gates Ave, Brooklyn 5,140 04/03/2026 $3,600,000
59 Monroe St, Brooklyn 3,024 12/24/2014 $20,000
254 Gates Ave, Brooklyn 4,996 01/07/2013 $2,200,000
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