92 Wallabout Street, Brooklyn, NY 11249 - Property report

Also known as: 2 Franklin Ave

Property image for 92 Wallabout Street, Brooklyn, NY 11249
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

1959

Lot sq. ft.

12,755

General information

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Address
Primary address
92 Wallabout Street
Alternate address(es)
2-10 Franklin Ave
92 Wallabout St
ZIP code
11249
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02261-0009

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
56,635
Building dimensions
85.83 ft x 129 ft
Buildings on lot
1
Stories
5
Year built
1959
Last altered
2009
Building material
Tax
Tax year
2026-2027
Property tax
$42,936
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
71
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 129.83 ft
Lot sq. ft.
12,755

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
14
Community district
1
Closest police station
0.61 Miles
Closest fire station
0.19 Miles

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Ownership information for 92 Wallabout Street, Brooklyn, NY

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

Sales history for 92 Wallabout Street, Brooklyn, NY 11249

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/14/2009 - R
12/16/2008 - D
Correction Doc-Office Use Only
(2009011400445001)
XXXXXXXXXXXX XXXX XXXXX
12/22/2008 - R
12/16/2008 - D
Certificate
(2008121600739002)
XXXXXXXXXXXX XXXX XXXXX
12/22/2008 - R
12/16/2008 - D
Zoning Lot Description
(2008121600739001)
XXXXXXXXXXXX XXXX XXXXX
01/14/2009 - R
12/15/2008 - D
Satisfaction of Mortgage
(2008123000145001)
XXXXXXXXXXXX XXXX XXXXX XXXX XXX
03/31/1998 - R Assignment, Mortgage
(3630005994463)
XXXXXXXXXXXXX XXX XXXXXXX XXXXXX XXXXXXX XXXX XXX
06/18/1997 - R Tax Lien Sale Certificate
(3430005653443)
XXXX XX XXX XXXX XXXX XX XXX XXXX
04/02/1996 - R Satisfaction of Mortgage
(3130005109813)
XXXXXX XXXXXXXXXX XX XXX XXXXXXXXX XXXXXXX XXXX
07/22/1992 - R Initial UCC1
(3760003960376)
XXXXXXXXXXXX XXXX XXXXX XXX XXXX XXX XXXX XXXXXXX XXXX
06/04/1992 - R Agreement
(3390001690439)
XXXXXXXXXXXX XXXX XXXXX XXXX XXXXXXX XXXX XXXX
07/12/1989 - R Assignment, Mortgage
(3000001468000)
XXXXXXXXXXXX XXXX XXXXX XXXX XXX XXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 92 Wallabout Street, 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
$42,936
Municipal exemptions
Recent tax assessments
Market value
$10,655,000
Assessed value
$4,794,750

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 $10,141,000 $4,563,450 $4,474,690 10.848% $485,414 $46,558 -6.82%
2024/25 $10,777,000 $4,849,650 $4,529,930 10.762% $487,511 $49,963 -28.43%
2023/24 $12,016,000 $5,407,200 $4,953,960 10.592% $524,723 $69,808 +4.44%
2022/23 $11,008,000 $4,953,600 $4,900,950 10.646% $521,755 $66,840 +10.01%
2021/22 $10,655,000 $4,794,750 $4,794,750 10.755% $515,675 $60,760 -88.15%
2020/21 $10,655,000 $4,794,750 $4,794,750 10.694% $512,751 $512,751 +3.02%
2019/20 $10,710,000 $4,819,500 $4,723,470 10.537% $497,712 $497,712 +13.54%
2018/19 $11,427,000 $5,142,150 $4,169,160 10.514% $438,345 $438,345 +17.43%
2017/18 $10,817,000 $4,867,650 $3,550,320 10.514% $373,281 $373,281 +11.47%
2016/17 $9,910,000 $4,459,500 $3,166,790 10.574% $334,856 $334,856 +9.69%

Permit information for 92 Wallabout Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/07/2018 Alteration type 2
12/21/2011 Alteration type 3
11/22/2011 Alteration type 3
04/08/2011 Place of assembly
10/20/2010 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
02/16/2021 E-elevator
03/16/2020 Hblvio-high pressure boiler

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.48

Access the detailed traffic volume map for 92 Wallabout Street, Brooklyn, NY 11249 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

Frequently asked questions

What is the year built for 92 Wallabout Street, Brooklyn, NY 11249?

The development at 92 Wallabout Street, Brooklyn, NY 11249 was built in 1959.

What is the market value of 92 Wallabout Street, Brooklyn, NY 11249?

The current market value of 92 Wallabout Street, Brooklyn, NY 11249 is $10,655,000.

What is the total square footage of 92 Wallabout Street, Brooklyn, NY 11249?

92 Wallabout Street, Brooklyn, NY 11249 has a total of 56,635 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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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.

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