New York City  »  11222  »  Franklin St  »  159 Franklin St

159 Franklin Street, Brooklyn, NY 11222 - Property report

Also known as: 159 Franklin St

Property image for 159 Franklin Street, Brooklyn, NY 11222
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Property type

Primarily Three Family with One Store or Office (S3)

Year built

1931

Lot sq. ft.

2,375

Sale price

$6,137,500

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
159 Franklin Street
Alternate address(es)
56-64 India St
ZIP code
11222
Neighborhood
Greenpoint
Borough
Brooklyn
Block & lot
02539-0015

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
3,000
Building dimensions
25 ft x 30 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Sales
Sale date
03/01/2024
Sale price
$6,137,500
Tax
Tax year
2026-2027
Property tax
$13,191
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 95 ft
Lot sq. ft.
2,375

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
85 /100.  Excellent Transit
Bike score
94 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.43 Miles
Closest fire station
0.36 Miles

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

Ownership

Ownership information for 159 Franklin Street, Brooklyn, NY

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

Sales history for 159 Franklin Street, Brooklyn, NY 11222

Sale date Sale price Buyer name Seller name
03/01/2024 $6,137,500 XXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXX XXX
09/14/2021 $3,182,500 XXX XXXXXXXX XXXXXX XXX XXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/25/2024 - R UCC3 Termination
(2024032500524004)		 XXX XXXXXXXX XXXXXX XXX XXXXX XXXXXXX XXXX
03/11/2024 - R
03/08/2024 - D		 Satisfaction of Mortgage
(2024030800584001)		 XXX XXXXXXXX XXXXXX XXX XXXXX XXXXXXX XXXX
03/25/2024 - R
03/01/2024 - D		 Termination of Assign of L&R
(2024032500524003)		 XXXXX XXXXXXX XXXX XXX XXXXXXXX XXXXXX XXX
03/25/2024 - R
03/01/2024 - D		 Satisfaction of Mortgage
(2024032500524002)		 XXX XXXXXXXX XXXXXX XXX XXXXX XXXXXXX XXXX
03/25/2024 - R
03/01/2024 - D		 Deed
(2024032500524001)		 XXX XXXXXXXX XXXXXX XXX XXXX XXXXXXXX XXX
09/27/2021 - R Initial UCC1
(2021092701041001)		 XXX XXXXXXXX XXXXXX XXXXXXXXXX
10/01/2021 - R
09/14/2021 - D		 Assignment of Leases and Rents
(2021092701003003)		 XXX XXXXXXXX XXXXXX XXX XXXXXXXXXX
10/01/2021 - R
09/14/2021 - D		 Mortgage
(2021092701003002)		 XXX XXXXXXXX XXXXXX XXX XXXXXXXXXX
10/01/2021 - R
09/14/2021 - D		 Deed
(2021092701003001)		 XXX XXXXXXXX XXX XXX XXXXXXXX XXXXXX XXX
01/20/2011 - R
10/14/2010 - D		 Deed
(2010121000856001)		 XXXXXX XXXXXX XXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 159 Franklin 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
$13,191
Municipal exemptions
Recent tax assessments
Market value
$1,092,000
Assessed value
$491,400

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 $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%
2020/21 $724,000 $325,800 $79,011 12.267% $9,692 $9,692 +6.20%
2019/20 $720,000 $324,000 $73,171 12.473% $9,127 $9,127 +6.79%
2018/19 $853,000 $383,850 $67,765 12.612% $8,547 $8,547 +7.09%
2017/18 $745,000 $335,250 $62,747 12.719% $7,981 $7,981 -1.34%
2016/17 $676,000 $304,200 $62,747 12.892% $8,089 $8,089 +3.31%
Permits

Permit information for 159 Franklin Street, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
01/17/2020 Lblvio-low pressure boiler

*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
2

Subway & traffic

Closest station
Manhattan Ave & India St at SW Corner
Station lines
G
Distance (miles)
0.182
View subway map

Access the detailed traffic volume map for 159 Franklin Street, Brooklyn, NY 11222 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 159 Franklin Street, Brooklyn, NY

153 Franklin St, Brooklyn 52 India St, Brooklyn 44 India St, Brooklyn 211 India St, Brooklyn 213 India St, Brooklyn 157 Franklin St, Brooklyn 149 Franklin St, Brooklyn 50 India St, Brooklyn 48 India St, Brooklyn 155 Franklin St, Brooklyn 151 Franklin St, Brooklyn 38 India St, Brooklyn 79 Java St, Brooklyn 71 Java St, Brooklyn 147 Franklin St, Brooklyn 54 India St, Brooklyn 46 India St, Brooklyn 67 Java St, Brooklyn 18 India St, Brooklyn

Nearby ZIP codes for 159 Franklin Street, Brooklyn, NY

10009, New York City, NY 10010, New York City, NY 10016, New York City, NY 10017, New York City, NY 10022, New York City, NY 10044, New York City, NY 10167, New York City, NY 10170, New York City, NY 10172, New York City, NY 10174, New York City, NY 11101, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11237, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 159 Franklin Street, Brooklyn, NY 11222?

The development at 159 Franklin Street, Brooklyn, NY 11222 was built in 1931.

What is the market value of 159 Franklin Street, Brooklyn, NY 11222?

The current market value of 159 Franklin Street, Brooklyn, NY 11222 is $1,092,000.

What is the total square footage of 159 Franklin Street, Brooklyn, NY 11222?

159 Franklin Street, Brooklyn, NY 11222 has a total of 3,000 square feet.

What is the price per square foot for this property?

$2,045 per square foot is the price for 159 Franklin Street, Brooklyn, NY 11222.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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