New York City  »  11222  »  Franklin St  »  128 Franklin St

128 Franklin Street, Brooklyn, NY 11222 - Property report

Also known as: 128 Franklin St

Property image for 128 Franklin Street, Brooklyn, NY 11222
static Mapbox map

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1930

Lot sq. ft.

1,663

Sale price

$3,620,000

General information

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Address
Primary address
128 Franklin Street
Alternate address(es)
85-91 Milton St
ZIP code
11222
Neighborhood
Greenpoint
Borough
Brooklyn
Block & lot
02563-0001

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
4,274
Building dimensions
23.75 ft x 45 ft
Buildings on lot
1
Stories
4
Year built
1930
Building material
Sales
Sale date
01/23/2023
Sale price
$3,620,000
Tax
Tax year
2026-2027
Property tax
$16,235
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
23.75 ft x 70 ft
Lot sq. ft.
1,663

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
79 /100.  Excellent Transit
Bike score
95 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.27 Miles
Closest fire station
0.32 Miles

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Ownership information for 128 Franklin Street, Brooklyn, NY

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

Sales history for 128 Franklin Street, Brooklyn, NY 11222

Sale date Sale price Buyer name Seller name
01/23/2023 $3,620,000 XXX XXXXXXXX XXXXX XXX XXXX XXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/08/2023 - R Initial UCC1
(2023020800281001)
XXX XXXXXXXX XXXXX XXX XXXXX XXXXXXX XXXX
03/01/2023 - R
01/23/2023 - D
Assignment of Leases and Rents
(2023020800227003)
XXX XXXXXXXX XXXXX XXX XXXXX XXXXXXX XXXX
03/01/2023 - R
01/23/2023 - D
Mortgage
(2023020800227002)
XXX XXXXXXXX XXXXX XXX XXXXX XXXXXXX XXXX
03/01/2023 - R
01/23/2023 - D
Deed
(2023020800227001)
XXXX XXXXXXXX XXX XXX XXXXXXXX XXXXX XXX
01/20/2017 - R
09/18/2015 - D
Deed
(2015092900676001)
XXXXX XXXXXXX XXXXXXX XXXX XXXXXXXX XXX
08/20/2002 - R Release of Estate Tax Lien
(3540008817254)
XXXXXXXX XXXXXXXXXX
12/30/2002 - R
04/30/2002 - D
Deed
(3340009026534)
XXXXX XXXXXXX XXXXXXXXXXX XXXXX XXXXXXX XXXXXXX
07/18/1983 - R Landmark Designation
(3660000968366)
XXXXXXXXX XXXXXXX XXX XX XXXXXX XX XXXXXXXXXXX
09/17/1975 - R Deed
(37530080300571)
XXXXXXXX XXXXXX X XXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 128 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
$16,235
Municipal exemptions
Recent tax assessments
Market value
$2,810,000
Assessed value
$1,264,500

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 $2,482,000 $1,116,900 $126,433 12.439% $15,727 $15,727 +7.46%
2024/25 $2,328,000 $1,047,600 $117,083 12.5% $14,635 $14,635 +7.97%
2023/24 $2,161,000 $972,450 $108,423 12.502% $13,555 $13,555 +10.07%
2022/23 $2,240,000 $1,008,000 $100,395 12.267% $12,315 $12,315 +0.26%
2021/22 $1,803,000 $811,350 $100,395 12.235% $12,283 $12,283 +2.96%
2020/21 $1,750,000 $787,500 $97,256 12.267% $11,930 $11,930 +6.20%
2019/20 $1,458,000 $656,100 $90,064 12.473% $11,234 $11,234 +6.80%
2018/19 $1,215,000 $546,750 $83,402 12.612% $10,519 $10,519 +7.09%
2017/18 $1,062,000 $477,900 $77,227 12.719% $9,823 $9,823 -1.34%
2016/17 $963,000 $433,350 $77,227 12.892% $9,956 $9,956 +3.30%

Permit information for 128 Franklin Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/08/2025 Alteration CO
02/12/2025 Alteration CO
12/15/2023 Alteration CO
11/26/2023 Alteration
09/25/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/06/2023 Landmk-landmark none
02/06/2023 Landmk-landmark none

*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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Manhattan Ave & Greenpoint Ave at NW Corner
Station lines
G
Distance (miles)
0.16

Access the detailed traffic volume map for 128 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

Frequently asked questions

What is the year built for 128 Franklin Street, Brooklyn, NY 11222?

The development at 128 Franklin Street, Brooklyn, NY 11222 was built in 1930.

What is the market value of 128 Franklin Street, Brooklyn, NY 11222?

The current market value of 128 Franklin Street, Brooklyn, NY 11222 is $2,810,000.

What is the total square footage of 128 Franklin Street, Brooklyn, NY 11222?

128 Franklin Street, Brooklyn, NY 11222 has a total of 4,274 square feet.

What is the price per square foot for this property?

$846 per square foot is the price for 128 Franklin Street, Brooklyn, NY 11222.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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