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197 Franklin Street, Brooklyn, NY 11222 Property Information

197 Franklin Street, Brooklyn, NY 11222 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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197 Franklin Street, Brooklyn, NY 11222 1
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Address

Primary address 197 Franklin Street
Neighborhood Greenpoint
Zip code 11222
Borough Brooklyn
Block & lot 02511-0025

Sales & Tax Overview for 197 Franklin Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/11/2018
Purchase price $7,600,000
Tax class
Estimated property tax $20,829

Lot & Building Information for 197 Franklin Street, Brooklyn

Lot sqft 2,565
Lot dimensions 27 ft x 95 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9) i
Building sqft 6,048
Building dimensions 27 ft x 56 ft
Buildings on lot 1
Stories 4
Year built 1928
Year last altered 2018
Construction type
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Zoning & Use for 197 Franklin Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 6
Regulated units
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 0.54 Miles
Closest fire station 0.41 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 197 Franklin Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 197 Franklin Street, Brooklyn, NY 11222, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 197 Franklin Street, Brooklyn, NY 11222, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 197 Franklin Street, Brooklyn

How many sq. ft. does 197 Franklin Street, Brooklyn, NY 11222 have & what is the price per sq. ft?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 197 Franklin Street, Brooklyn, NY 11222 has a total of 6,048 square feet and a current price per square foot of $1,256.

What is the year built & the current market value of 197 Franklin Street, Brooklyn, NY 11222?

197 Franklin Street, Brooklyn, NY 11222 was built in 1928 and has a current tax assessor's market value of $1,676,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 197 Franklin Street, Brooklyn

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Property owner name for 197 Franklin Street, Brooklyn, NY 11222
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Building contacts for 197 Franklin Street, Brooklyn, NY 11222
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 197 Franklin Street, Brooklyn

No photo available
197 Franklin Street
Listing type For Lease
Listing date 05/15/2025
Last updated 04/24/2026

AA

• Located in prime Greenpoint, Brooklyn
• Right outside the B32 bus stop
• One block from Greenpoint landing, which has 5,500 brand new residential apartments
• Blocks away from New York City’s East River Waterfront
• One of Brooklyn’s most vibrant neighborhoods

 

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Listing price not available 700 David Green
Albert Halawani
Active Listings For This Property:
For Lease No photo available
197 Franklin Street
197 Franklin Street, Brooklyn
Property Retail
Availability 1 Spaces listed / 700 Sqft
Price Listing price not available
Real Estate Reports:
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Past Sales & Property History for 197 Franklin Street, Brooklyn

Create a free account to view the complete sales history for 197 Franklin Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/11/2018 $7,600,000

Title Documents for 197 Franklin Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/24/2025 - R UCC3 Amendment
(2025041600366002)
04/24/2025 - R UCC3 Amendment
(2025041600366001)
04/10/2025 - D
04/17/2025 - R
Agreement
(2025041600319002)
04/10/2025 - D
04/17/2025 - R
Agreement
(2025041600319001)
04/02/2025 - R UCC3 Continuation
(2025040200112001)
10/13/2023 - R UCC3 Continuation
(2023101300418001)
05/18/2022 - D
08/29/2022 - R
Assignment of Leases and Rents
(2022081900257003)
05/18/2022 - D
08/29/2022 - R
Mortgage
(2022081900257002)
05/18/2022 - D
08/29/2022 - R
Agreement
(2022081900257001)
04/14/2020 - R Initial UCC1
(2020041000278001)
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R: Recorded date
D: Document date

Property Taxes for 197 Franklin Street, Brooklyn

Access detailed property tax data for 197 Franklin Street, Brooklyn, NY 11222. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $19,530
Estimated property tax: $20,829
Tax assessor's market value: $1,676,000
Assessed value: $754,200

Assessment History for 197 Franklin Street, Brooklyn

Here's the assessment & property tax history for 197 Franklin Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,676,000 $754,200 $157,009 12.439% $19,530 $19,530 +7.47%
2024/25 $1,833,600 $825,120 $145,379 12.5% $18,172 $18,172 +2.19%
2023/24 $1,528,000 $687,600 $142,239 12.502% $17,783 $17,783 +7.16%
2022/23 $1,335,000 $600,750 $135,274 12.267% $16,594 $16,594 +5.29%
2021/22 $1,468,000 $660,600 $128,809 12.235% $15,760 $15,760 +18.71%

Permits for 197 Franklin Street, Brooklyn

The complete history of permits filed for 197 Franklin Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/18/2019 Alteration type 2
03/05/2019 Alteration
02/26/2019 Alteration
12/20/2018 Alteration type 2
12/06/2018 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Manhattan Ave & India St at SW Corner
Station lines G
Distance (miles) 0.216
View subway map
Bus Routes
Name Franklin St/Green St
Line B32
Distance (miles) 0.008

Neighbors for 197 Franklin Street, Brooklyn

Here are the neighbors for 197 Franklin Street, Brooklyn, NY 11222.

Address Square feet Purchase date Purchase price
195 Franklin St, Brooklyn 5,520 10/11/2018 $7,600,000
77 Green St, Brooklyn 2,475 06/24/2004
75 Green St, Brooklyn 5,425 12/13/2016
67 Green St, Brooklyn 3,420 01/18/1990
98 Freeman St, Brooklyn 4,500 07/17/2012 $575,000
205 Franklin St, Brooklyn 6,500 12/16/1998
146 Freeman St, Brooklyn 2,625 01/11/1996
201 Franklin St, Brooklyn 3,980 06/02/1999
209 Franklin St, Brooklyn 3,000 06/02/1986
69 Green St, Brooklyn 3,750 04/26/2012
230 Franklin St, Brooklyn 112,105 02/15/1996
80 Freeman St, Brooklyn 3,000 01/14/2025
76 Freeman St, Brooklyn 2,640 05/11/2001
74 Freeman St, Brooklyn 3,300 07/26/2021 $10
199 Franklin St, Brooklyn 2,810 12/16/2019
203 Franklin St, Brooklyn 6,500 12/16/1998
207 Franklin St, Brooklyn 3,000 06/02/1986
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