Kings  »  11238  »  Franklin Ave  »  402 Franklin Ave

402 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 402 Franklin Ave

Property image for 402 Franklin Avenue, Brooklyn, NY 11238
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Property type

Converted Dwellings or Rooming House (C5)

Year built

1931

Lot sq. ft.

1,583

Sale price

$1,820,000

General information

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

Owner

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Building
Property type
Converted Dwellings or Rooming House (C5)
Building sq. ft.
2,876
Building dimensions
16.67 ft x 40 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
2016
Building material
Sales
Sale date
11/21/2018
Sale price
$1,820,000
Tax
Tax year
2026-2027
Property tax
$16,081
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
7
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
16.67 ft x 95 ft
Lot sq. ft.
1,583

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 such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 402 Franklin Avenue, Brooklyn, NY

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

Sales history for 402 Franklin Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
11/21/2018 $1,820,000 XXX XXXXXXXX XXXXXXXX XXXXXXXXXX, XXX XXX XXXXXXXX XXX XXX
12/08/2011 $700,000 XXXXXXXXXX, XXXXX XXXXXXX, XXXXXX
08/05/2009 $900,000 XXXXXXX, XXXXXX XXXX XXXXXXXX & XXXXXXXXXX, 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
01/08/2024 - R
10/30/2023 - D		 Mortgage
(2024010400732001)		 XXXXXXXXXX XXXXXXXX XXXXXXXX XXXX XX
12/24/2018 - R
12/12/2018 - D		 Satisfaction of Mortgage
(2018121300474001)		 XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
12/03/2018 - R
11/21/2018 - D		 Mortgage
(2018112900041002)		 XXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXX XX
12/03/2018 - R
11/21/2018 - D		 Deed
(2018112900041001)		 XXX XXXXXXXX XXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXX
12/03/2018 - R
11/19/2018 - D		 Satisfaction of Mortgage
(2018112900041003)		 XXXXX XXXXXXX XXXXX XXXXXX XXXXXXXXX XXXXXXXXXXX
12/13/2016 - R
09/09/2016 - D		 Deed
(2016121200753001)		 XXXXXXXXXX XXXXX XXX XXXXXXXX XXX XXX
06/16/2016 - R
06/06/2016 - D		 Satisfaction of Mortgage
(2016060701160001)		 XXXXX XXXXXXX XXX XXX X XXX
05/10/2016 - R
03/17/2016 - D		 Subordination of Mortgage
(2016042900223001)		 XXXXXXX XXXXXXXXXXX XXX XXXXXXXXXX XXXXX
05/10/2016 - R
03/14/2016 - D		 Assignment, Mortgage
(2016042900206001)		 XXX XXX X XXX XXXXXXX XXXXXXXXXXX XXX
03/10/2014 - R
12/17/2013 - D		 Assignment, Mortgage
(2014022501130001)		 XXXXX XXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX X XXX X XXXXXXXX XXXXXXX XXXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 402 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
$16,081
Municipal exemptions
Recent tax assessments
Market value
$1,800,000
Assessed value
$810,000

More about New York City property taxes

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 $1,500,000 $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%
2020/21 $674,000 $303,300 $95,858 12.267% $11,759 $11,759 +1.88%
2019/20 $561,600 $252,720 $92,535 12.473% $11,542 $11,542 -1.10%
2018/19 $468,000 $210,600 $92,535 12.612% $11,671 $11,671 +127.98%
2017/18 $128,000 $57,600 $40,247 12.719% $5,119 $5,119 +6.55%
2016/17 $102,000 $45,900 $37,266 12.892% $4,804 $4,804 +8.07%
Permits

Permit information for 402 Franklin Avenue, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

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
Franklin Ave & Fulton St at NE Corner
Station lines
A-C-FS
Distance (miles)
0.264
View subway map

Access the detailed traffic volume map for 402 Franklin Avenue, Brooklyn, NY 11238 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

Neighbors for 402 Franklin Avenue, Brooklyn, NY

406 Franklin Ave, Brooklyn 55 Monroe St, Brooklyn 240 Gates Ave, Brooklyn 47 Monroe St, Brooklyn 57 Monroe St, Brooklyn 53 Monroe St, Brooklyn 260 Gates Ave, Brooklyn 256 Gates Ave, Brooklyn 250 Gates Ave, Brooklyn 248 Gates Ave, Brooklyn 61 Monroe St, Brooklyn 51 Monroe St, Brooklyn 49 Monroe St, Brooklyn 244 Gates Ave, Brooklyn 242 Gates Ave, Brooklyn 236 Gates Ave, Brooklyn 404 Franklin Ave, Brooklyn 246 Gates Ave, Brooklyn 59 Monroe St, Brooklyn 254 Gates Ave, Brooklyn

Nearby ZIP codes for 402 Franklin Avenue, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 402 Franklin Avenue, Brooklyn, NY 11238?

The development at 402 Franklin Avenue, Brooklyn, NY 11238 was built in 1931.

What is the market value of 402 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 402 Franklin Avenue, Brooklyn, NY 11238 is $1,800,000.

What is the total square footage of 402 Franklin Avenue, Brooklyn, NY 11238?

402 Franklin Avenue, Brooklyn, NY 11238 has a total of 2,876 square feet.

What is the price per square foot for this property?

$632 per square foot is the price for 402 Franklin Avenue, Brooklyn, NY 11238.

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