New York City  »  11238  »  Franklin Ave  »  500 Franklin Ave

500 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 500 Rear Franklin Ave

Property image for 500 Franklin Avenue, Brooklyn, NY 11238
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Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

2,000

General information

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Address
Primary address
500 Franklin Avenue
Alternate address(es)
500 Rear Franklin Ave
ZIP code
11238
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01997-0038

Owner

Find out who owns 500 Franklin Avenue, Brooklyn, NY 11238. Uncover corporate and individual owners with a free account.

Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,476
Building dimensions
20 ft x 90 ft
Buildings on lot
2
Stories
3
Year built
1930
Last altered
2011
Building material
Tax
Tax year
2026-2027
Property tax
$4,056
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.61 Miles
Closest fire station
0.34 Miles

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

Ownership

Ownership information for 500 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 500 Franklin Avenue, Brooklyn, NY 11238

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/18/2011 - R
04/08/2011 - D		 Certificate
(2011040800843002)		 XXXXXXXXXX XXXXXXXX XXXXXXXX XXXX XXXXXXXX XXX
04/18/2011 - R
04/08/2011 - D		 Zoning Lot Description
(2011040800843001)		 XXXXXX XXXXXX
07/30/2010 - R
06/30/2010 - D		 Deed
(2010072300303001)		 XXXXXX XXXXXX XXXXXX XXXXXX
07/30/2010 - R
08/18/2009 - D		 Satisfaction of Mortgage
(2010072300453001)		 XXXXXXX XXXXXX XXXXXXX XXXXXXX
02/13/1992 - R Satisfaction of Mortgage
(3240001668224)		 XXXXXXX XXXX XXXXX XXXXX
02/13/1992 - R Mortgage
(3520001668052)		 XXXXXXX XXXXXX XXXXXXX XXXXXXX
02/13/1992 - R Deed
(3510001668051)		 XXXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXX
11/30/1976 - R Mortgage
(37630088601941)		 XXXXXXX XXXX XXXXX XXXXX
11/30/1976 - R Deed
(37630088601939)		 XXXXX XXXXX XXXXXXX XXXX
11/30/1976 - R Deed
(37630088601937)		 XXX XXXX XXXX XXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 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
$4,056
Municipal exemptions
Recent tax assessments
Market value
$2,372,000
Assessed value
$142,320

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 $1,804,000 $108,240 $19,284 19.843% $3,827 $3,827 +1.48%
2024/25 $1,425,000 $85,500 $18,774 20.085% $3,771 $3,771 +6.00%
2023/24 $1,259,000 $75,540 $17,712 20.085% $3,557 $3,557 -0.13%
2022/23 $1,161,000 $69,660 $17,539 20.309% $3,562 $3,562 +4.76%
2021/22 $994,000 $59,640 $17,033 19.963% $3,400 $3,400 +0.53%
2020/21 $629,000 $37,740 $16,070 21.045% $3,382 $3,382 +2.12%
2019/20 $547,000 $32,820 $15,645 21.167% $3,312 $3,312 +7.25%
2018/19 $456,000 $27,360 $14,760 20.919% $3,088 $3,088 +3.63%
2017/18 $425,000 $25,500 $14,616 20.385% $2,979 $2,979 +5.00%
2016/17 $354,000 $21,240 $14,194 19.991% $2,838 $2,838 +8.36%
Permits

Permit information for 500 Franklin Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/23/2018 Alteration
11/28/2011 Alteration type 2
09/28/2011 Alteration type 3
02/23/2011 Alteration type 2
08/12/1997 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 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)
0.036
View subway map

Access the detailed traffic volume map for 500 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 500 Franklin Avenue, Brooklyn, NY

1147 Fulton St, Brooklyn 1135 Fulton St, Brooklyn 34 Jefferson Ave, Brooklyn 506 Franklin Ave, Brooklyn 1131 Fulton St, Brooklyn 21 Claver Pl, Brooklyn 482 Franklin Ave, Brooklyn 24 Jefferson Ave, Brooklyn 29 Claver Pl, Brooklyn 1141 Fulton St, Brooklyn 488-498 Franklin Ave, Brooklyn 20 Jefferson Ave, Brooklyn 1139 Fulton St, Brooklyn 18 Jefferson Ave, Brooklyn 502 Franklin Ave, Brooklyn 26 Jefferson Ave, Brooklyn 1143 Fulton St, Brooklyn 504 Franklin Ave, Brooklyn 1133 Fulton St, Brooklyn

Nearby ZIP codes for 500 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 500 Franklin Avenue, Brooklyn, NY 11238?

The development at 500 Franklin Avenue, Brooklyn, NY 11238 was built in 1930.

What is the market value of 500 Franklin Avenue, Brooklyn, NY 11238?

The current market value of 500 Franklin Avenue, Brooklyn, NY 11238 is $2,372,000.

What is the total square footage of 500 Franklin Avenue, Brooklyn, NY 11238?

500 Franklin Avenue, Brooklyn, NY 11238 has a total of 4,476 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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