New York City » 11238 » Franklin Ave » 541 Franklin Ave

541 Franklin Avenue, Brooklyn, NY 11238 - Property report

Also known as: 541 Franklin Ave

Property image for 541 Franklin Avenue, Brooklyn, NY 11238

Property type

Three Families (C0)

Year built

1930

Lot sq. ft.

2,000

Sale price

$430,950

General information

Address

Primary address

541 Franklin Avenue

ZIP code

11238

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

02017-0003

Building

Property type

Three Families (C0)

Building sq. ft.

2,700

Building dimensions

20 ft x 45 ft

Buildings on lot

Stories

Year built

1930

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

08/18/2003

Sale price

$430,950

Tax

Tax year

2026-2027

Property tax

$10,781

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Franklin Avenue (narrow)

Nearest wide street

Fulton Street

Distance to wide street

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

81 /100. Very Bikeable

School district

Community district

Closest police station

0.72 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 541 Franklin Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 541 Franklin Avenue, Brooklyn, NY 11238

Sale date	Sale price	Buyer name	Seller name
08/18/2003	$430,950	XXXXXXXX, XXXXXXXX	XXXXX XXXXXXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/28/2019 - R 01/22/2019 - D	Satisfaction of Mortgage (2019012500911001)	XXXXXXXX XXXXXXXX	XXX XXXXXXXX XXXXX XXXXXX XXX
01/15/2019 - R 01/08/2019 - D	Assignment, Mortgage (2019011401206001)	XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
12/29/2004 - R 09/02/2004 - D	Agreement (2004100600639002)	XXXXXXXX XXXXXXXX	XXXXXXXX XXXXXXXX XXXXXXX XXXX
12/29/2004 - R 01/06/2004 - D	Assignment, Mortgage (2004100600639001)	XXXXXXX XXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXXX
10/21/2003 - R	Assignment, Mortgage (2003082601377003)	XXX XXXXXXXX XXXXX XXXXXX XXX	XXXXXXX XXXX XXX
10/21/2003 - R 08/18/2003 - D	Mortgage (2003082601377002)	XXXXXXXX XXXXXXXX	XXX XXXXXXXX XXXXX XXXXXX XXX
10/21/2003 - R 08/18/2003 - D	Deed (2003082601377001)	XXXXX XXXXXXXXXX XXXX	XXXXXXXX XXXXXXXX
03/05/2002 - R	Court Order (3210008036221)	XXXXXXXX XX XXXXXX XXXXXX XX XXXXXXX XX XXXX XXXXX	XXXXX XXXXXXXXXX XXXX
03/05/2002 - R 01/04/2002 - D	Deed (3130008035413)	XXXXX XXXXXXXXXX XXXX	XXXXX XXXXXXXXXX XXXX
03/05/2002 - R 01/04/2002 - D	Deed (3040008035404)	XXXXXXXX XX XXX XXXXXX XXXXXXXXX XX XXX XXXXXXX XX	XXXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 541 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

$10,781

Municipal exemptions

Recent tax assessments

Market value

$1,813,000

Assessed value

$108,780

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	$1,831,000	$109,860	$51,256	19.843%	$10,171	$10,171	+4.72%
2024/25	$1,446,000	$86,760	$48,355	20.085%	$9,712	$9,712	+6.00%
2023/24	$1,391,000	$83,460	$45,619	20.085%	$9,163	$9,163	-1.10%
2022/23	$1,268,000	$76,080	$45,619	20.309%	$9,265	$9,265	+2.51%
2021/22	$1,176,000	$70,560	$45,275	19.963%	$9,038	$9,038	+0.55%
2020/21	$1,426,000	$85,560	$42,713	21.045%	$8,989	$8,989	+5.39%
2019/20	$1,577,000	$94,620	$40,296	21.167%	$8,529	$8,529	+7.25%
2018/19	$2,111,000	$126,660	$38,016	20.919%	$7,953	$7,953	+2.62%
2017/18	$1,343,000	$80,580	$38,016	20.385%	$7,750	$7,750	+2.75%
2016/17	$995,000	$59,700	$37,729	19.991%	$7,542	$7,542	+8.37%

Permits

Permit information for 541 Franklin Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/08/2002	Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/04/2026	A
	06/09/2025	A
	11/29/2024	I

*Most recent HPD violations on record for this property.

Neighborhood

Clinton Hill residential market stats

Access a detailed real estate market overview of Clinton Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Clinton Hill and compare it to other neighborhoods in Brooklyn.

Median sale price

$929,000

0.4% Y-o-Y

Median price/sq. ft.

$1,152

-1.5% Y-o-Y

Brooklyn median sale price

$899,000

6% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Franklin Ave & Fulton St at SW Corner

Station lines

A-FS

Distance (miles)

0.066

View subway map

Access the detailed traffic volume map for 541 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 93 William H Prescott	4	Yes	Public	PK, K-5	172	0.46
P.S. 93 William H Prescott	4	Yes	Public	PK, K-5	172	0.46
The Co-op School	NR	No	Private	PK, K-5	0	0.06
The Co-op School	NR	No	Private	PK, K-5	0	0.06
P.S. 3 The Bedford Village	4	No	Public	PK, K-5	224	0.15
P.S. 3 The Bedford Village	4	No	Public	PK, K-5	224	0.15
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.18
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.18
Nelrak Child Development Center	NR	No	Private	PK, K-3	50	0.26
Explore Exceed Charter School	6	No	Charter	K-8	429	0.34

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The Brooklyn Waldorf School	NR	No	Private	PK, K-8	160	0.18
Clara Muhammad School Of Masjid Khalifah	NR	No	Private	PK-8	79	0.26
Bethel Elementary School	NR	No	Private	PK-8	34	0.33
Explore Exceed Charter School	6	No	Charter	K-8	429	0.34
Urban Assembly Unison School (The)	3	No	Public	6-8	173	0.44
Restoration Academy	3	No	Public	6-8	94	0.46
P.S. 138	6	No	Public	PK, K-8	414	0.48
Elijah Stroud Middle School	5	No	Public	6-8	121	0.49
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.52
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.52

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bedford Academy High School	9	No	Public	9-12	381	0.36
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.36
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.36
Acorn Community High School	NR	No	Public	9-12	107	0.36
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.49
Brooklyn Academy High School	NR	No	Public	10-12	82	0.52
P.S. 140	NR	No	Public	K-10	318	0.53
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.53
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.65
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.68

Frequently asked questions

What is the year built for 541 Franklin Avenue, Brooklyn, NY 11238?

The development at 541 Franklin Avenue, Brooklyn, NY 11238 was built in 1930.

What is the total square footage of 541 Franklin Avenue, Brooklyn, NY 11238?

541 Franklin Avenue, Brooklyn, NY 11238 has a total of 2,700 square feet.

When was 541 Franklin Avenue, Brooklyn, NY 11238 last sold and what was the sale price?

541 Franklin Avenue, Brooklyn, NY 11238 was last sold on 08/18/2003 for $430,950.

What is the assessed value of 541 Franklin Avenue, Brooklyn, NY 11238?

541 Franklin Avenue, Brooklyn, NY 11238 is currently assessed at $108,780.

What are the property taxes for 541 Franklin Avenue, Brooklyn, NY 11238?

The property taxes for 541 Franklin Avenue, Brooklyn, NY 11238 total $10,780.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.