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159 Franklin Street, Brooklyn, NY 11222 Property Information

159 Franklin Street, Brooklyn, NY 11222 Property Information

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

Primary address 159 Franklin Street
Secondary address 56-64 India St
Neighborhood Greenpoint
Zip code 11222
Borough Brooklyn
Block & lot 02539-0015

Sales & Tax Overview for 159 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 03/01/2024
Purchase price $6,137,500
Tax class
Estimated property tax $13,190

Lot & Building Information for 159 Franklin Street, Brooklyn

Lot sqft 2,375
Lot dimensions 25 ft x 95 ft
Building class Primarily Three Family with One Store or Office (S3) i
Building sqft 3,000
Building dimensions 25 ft x 30 ft
Buildings on lot 1
Stories 4
Year built 1931
Construction type
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Zoning & Use for 159 Franklin Street, Brooklyn

Zoning
Residential units (DOF) 3
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 0.43 Miles
Closest fire station 0.36 Miles

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

Other Property Data for 159 Franklin Street, Brooklyn

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Floor area ratio (FAR) for 159 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 159 Franklin Street, Brooklyn, NY 11222, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 56-64 India St, Brooklyn, NY 11222

About 159 Franklin Street, Brooklyn

How many sq. ft. does 159 Franklin Street, Brooklyn, NY 11222 have & what is the price per sq. ft?

This Primarily Three Family with One Store or Office (S3) located at 159 Franklin Street, Brooklyn, NY 11222 has a total of 3,000 square feet and a current price per square foot of $2,045.

What is the year built & the current market value of 159 Franklin Street, Brooklyn, NY 11222?

159 Franklin Street, Brooklyn, NY 11222 was built in 1931 and has a current tax assessor's market value of $965,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 159 Franklin Street, Brooklyn

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Property owner name for 159 Franklin Street, Brooklyn, NY 11222
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Building contacts for 159 Franklin Street, Brooklyn, NY 11222
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 159 Franklin Street, Brooklyn

Create a free account to view the complete sales history for 159 Franklin Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/01/2024 $6,137,500
09/14/2021 $3,182,500
       
       
       
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Title Documents for 159 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
03/25/2024 - R UCC3 Termination
(2024032500524004)
03/08/2024 - D
03/11/2024 - R
Satisfaction of Mortgage
(2024030800584001)
03/01/2024 - D
03/25/2024 - R
Termination of Assign of L&R
(2024032500524003)
03/01/2024 - D
03/25/2024 - R
Satisfaction of Mortgage
(2024032500524002)
03/01/2024 - D
03/25/2024 - R
Deed
(2024032500524001)
09/27/2021 - R Initial UCC1
(2021092701041001)
09/14/2021 - D
10/01/2021 - R
Assignment of Leases and Rents
(2021092701003003)
09/14/2021 - D
10/01/2021 - R
Mortgage
(2021092701003002)
09/14/2021 - D
10/01/2021 - R
Deed
(2021092701003001)
10/14/2010 - D
01/20/2011 - R
Deed
(2010121000856001)
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R: Recorded date
D: Document date

Property Taxes for 159 Franklin Street, Brooklyn

Access detailed property tax data for 159 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: $12,777
Estimated property tax: $13,190
Tax assessor's market value: $965,000
Assessed value: $434,250

Assessment History for 159 Franklin Street, Brooklyn

Here's the assessment & property tax history for 159 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 $965,000 $434,250 $102,714 12.439% $12,777 $12,777 +7.45%
2024/25 $905,000 $407,250 $95,122 12.5% $11,890 $11,890 +7.96%
2023/24 $840,000 $378,000 $88,095 12.502% $11,014 $11,014 +10.07%
2022/23 $825,000 $371,250 $81,571 12.267% $10,006 $10,006 +0.26%
2021/22 $660,000 $297,000 $81,571 12.235% $9,980 $9,980 +2.97%

Permits for 159 Franklin Street, Brooklyn

The complete history of permits filed for 159 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
01/23/2024 Alteration
06/08/2023 Alteration
04/03/2023 Alteration
03/13/2023 Alteration
02/15/2023 Alteration
01/13/2023 Alteration
01/05/2023 Alteration
12/13/2022 Alteration
11/03/2022 Alteration
10/04/2022 Alteration
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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

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Risk

FEMA flood zone(s): X (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) 0.182
View subway map
Bus Routes
Name Franklin St/India St
Line B32
Distance (miles) 0.009

Neighbors for 159 Franklin Street, Brooklyn

Here are the neighbors for 159 Franklin Street, Brooklyn, NY 11222.

Address Square feet Purchase date Purchase price
153 Franklin St, Brooklyn 4,125 08/04/2010
52 India St, Brooklyn 6,890 08/18/1981
44 India St, Brooklyn 1,680 10/06/2020 $1,750,000
211 India St, Brooklyn 4,125 10/12/2004 $630,000
213 India St, Brooklyn 4,125 04/18/2017
157 Franklin St, Brooklyn 3,450 06/17/2021
149 Franklin St, Brooklyn 8,314 01/27/2021 $4,850,000
50 India St, Brooklyn 6,890 08/18/1981
48 India St, Brooklyn 3,564 09/05/2025 $10
155 Franklin St, Brooklyn 3,450 03/27/2023
151 Franklin St, Brooklyn 5,000 07/30/1997
32 India St, Brooklyn 64,337 03/20/2023
145 Franklin St, Brooklyn 6,000 02/15/2008
71 Java St, Brooklyn 2,380 01/20/2022 $3,680,000
147 Franklin St, Brooklyn 5,500 07/25/2012
54 India St, Brooklyn 3,076
46 India St, Brooklyn 3,432 11/24/2021 $1,999,999
67 Java St, Brooklyn 6,500 10/20/1992
18 India St, Brooklyn 782,136 10/07/2020 $110,825,000
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