New York City  »  11238  »  Franklin Ave  »  437 Franklin Ave

437 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 437 Franklin Ave

Property image for 437 Franklin Avenue, Brooklyn, NY 11238
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Property type

Over Six Families without Stores (C1)

Year built

1899

Lot sq. ft.

1,800

Sale price

$4,000,000

General information

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Address
Primary address
437 Franklin Avenue
ZIP code
11238
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01990-0009

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
4,660
Building dimensions
20 ft x 58.5 ft
Buildings on lot
1
Stories
4
Year built
1899
Last altered
2021
Building material
Sales
Sale date
06/06/2025
Sale price
$4,000,000
Tax
Tax year
2026-2027
Property tax
$25,335
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 90 ft
Lot sq. ft.
1,800

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
0.47 Miles
Closest fire station
0.26 Miles

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

Ownership

Ownership information for 437 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 437 Franklin Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
06/06/2025 $4,000,000 XXX XXXXXXXX XXX XXXXXX XXX XXX XX & X XXXXXXXXXX, XXX
07/13/2020 $1,687,500 XXX XX & X XXXXXXXXXX, XXX XXXXXXXX XXX XXX
11/10/2015 $1,500,000 XXXXXXXX, XXXXX XXX XXXXXXXX, XXXX XXXX, XXXX X XXX XXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/23/2025 - R Initial UCC1
(2025061700843013)		 XXX XXXXXXXX XXX XXXXXX XXX XXXXXXXXX XXXX
07/23/2025 - R UCC3 Termination
(2025061700843004)		 XXX XXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
07/23/2025 - R
06/06/2025 - D		 Assignment of Leases and Rents
(2025061700843009)		 XXX XXX XXX XXXXXX XXX XXXXXXXXX XXXX
07/23/2025 - R
06/06/2025 - D		 Agreement
(2025061700843008)		 XXX XXX XXX XXXXXX XXX XXXXXXXXX XXXX
07/23/2025 - R
06/06/2025 - D		 Termination of Assign of L&R
(2025061700843003)		 XXXXXXX XXXXXXX XXXX XXX XXX XXX XXXXXXXXXX XXX
07/23/2025 - R
06/06/2025 - D		 Assignment, Mortgage
(2025061700843002)		 XXXXXXX XXXXXXX XXXX XXX XXXXXXXXX XXXX
06/23/2025 - R
06/06/2025 - D		 Deed
(2025061700170003)		 XXX XX X XXXXXXXXXX XXX XXX XXXXXXXX XXX XXXXXX XXX
05/13/2022 - R Initial UCC1
(2022051300189001)		 XXX XX X XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX
03/24/2022 - R UCC3 Termination
(2022031600258003)		 XXX XX X XXXXXXXXXX XXX XXXXX XXXXX XXXX
03/22/2022 - R
02/25/2022 - D		 Assignment of Leases and Rents
(2022031600199005)		 XXX XX X XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 437 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
$25,335
Municipal exemptions
Recent tax assessments
Market value
$1,320,000
Assessed value
$594,000

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 $1,100,000 $495,000 $202,094 12.439% $25,138 $25,138 -0.49%
2024/25 $1,062,000 $477,900 $202,094 12.5% $25,262 $25,262 +0.29%
2023/24 $986,000 $443,700 $201,474 12.502% $25,188 $25,188 +2.64%
2022/23 $1,507,000 $678,150 $200,054 12.267% $24,541 $24,541 +1119.11%
2021/22 $398,600 $179,370 $16,450 12.235% $2,013 $2,013 +7.73%
2020/21 $387,000 $174,150 $15,233 12.267% $1,869 $1,869 -1.65%
2019/20 $322,800 $145,260 $15,233 12.473% $1,900 $1,900 +2.09%
2018/19 $269,000 $121,050 $14,756 12.612% $1,861 $1,861 +7.08%
2017/18 $233,000 $104,850 $13,664 12.719% $1,738 $1,738 +6.53%
2016/17 $212,000 $95,400 $12,654 12.892% $1,631 $1,631 +8.06%
Permits

Permit information for 437 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/25/2021 Alteration
09/09/2021 Alteration
09/08/2021 Alteration
07/14/2021 Alteration type 3
05/27/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/13/2004 Ll6291-local law 62/91 - boilers
03/19/2003 Ll6291-local law 62/91 - boilers
08/16/1993 Ll6291-local law 62/91 - boilers

*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)
0.185
View subway map

Access the detailed traffic volume map for 437 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 437 Franklin Avenue, Brooklyn, NY

96 Madison St, Brooklyn 441 Franklin Ave, Brooklyn 435 Franklin Ave, Brooklyn 92 Madison St, Brooklyn 98 Madison St, Brooklyn 102 Madison St, Brooklyn 443 Franklin Ave, Brooklyn 447 Franklin Ave, Brooklyn 451 Franklin Ave, Brooklyn 453 Franklin Ave, Brooklyn 97 Putnam Ave, Brooklyn 84 Madison St, Brooklyn 86 Madison St, Brooklyn 94 Madison St, Brooklyn 100 Madison St, Brooklyn 439 Franklin Ave, Brooklyn 82 Madison St, Brooklyn 445 Franklin Ave, Brooklyn 449 Franklin Ave, Brooklyn 99 Putnam Ave, Brooklyn

Nearby ZIP codes for 437 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 437 Franklin Avenue, Brooklyn, NY 11238?

The development at 437 Franklin Avenue, Brooklyn, NY 11238 was built in 1899.

What is the total square footage of 437 Franklin Avenue, Brooklyn, NY 11238?

437 Franklin Avenue, Brooklyn, NY 11238 has a total of 4,660 square feet.

When was 437 Franklin Avenue, Brooklyn, NY 11238 last sold and what was the sale price?

437 Franklin Avenue, Brooklyn, NY 11238 was last sold on 06/06/2025 for $4,000,000.

What is the assessed value of 437 Franklin Avenue, Brooklyn, NY 11238?

437 Franklin Avenue, Brooklyn, NY 11238 is currently assessed at $594,000.

What are the property taxes for 437 Franklin Avenue, Brooklyn, NY 11238?

The property taxes for 437 Franklin Avenue, Brooklyn, NY 11238 total $25,335.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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