New York City  »  11222  »  Franklin St  »  116 Franklin St

116 Franklin Street, Brooklyn, NY 11222 - Property report

Also known as: 116 Franklin St

Property image for 116 Franklin Street, Brooklyn, NY 11222
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

1,750

Sale price

$1,285,000

General information

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Address
Primary address
116 Franklin Street
ZIP code
11222
Neighborhood
Greenpoint
Borough
Brooklyn
Block & lot
02566-0003

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,200
Building dimensions
25 ft x 42 ft
Buildings on lot
1
Stories
3
Year built
1930
Last altered
2006
Building material
Sales
Sale date
12/27/2012
Sale price
$1,285,000
Tax
Tax year
2026-2027
Property tax
$12,584
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 70 ft
Lot sq. ft.
1,750

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
81 /100.  Excellent Transit
Bike score
96 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.24 Miles
Closest fire station
0.33 Miles

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Ownership information for 116 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 116 Franklin Street, Brooklyn, NY 11222

Sale date Sale price Buyer name Seller name
12/27/2012 $1,285,000 XXX XXXXXXXX XXX XXXXXXXXXX, XXXXXX XX
02/20/2007 $995,000 XXXXXXXXXX, X X , XXXXXX X & X XXXXXXXXXX XXX
03/17/2005 $375,000 X & X XXXXXXXXXX XXX. X''XXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/15/2013 - R
09/19/2013 - D
Mortgage
(2013100300475001)
XXX XXXXXXXX XXX XXXX
02/08/2013 - R
01/22/2013 - D
Satisfaction of Mortgage
(2013012400199001)
XXXXXXXXX XXXXXX XX XXXXXXXX XXXXX XXXX X X
02/07/2013 - R
01/17/2013 - D
Satisfaction of Mortgage
(2013012200209001)
XXXXXXXXXX XXXXXX XX XXXXXXXX XXXXX XXXX XX
01/17/2013 - R
12/27/2012 - D
Deed
(2012122800074001)
XXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXX
10/15/2012 - R
01/23/2012 - D
Assignment, Mortgage
(2012100500488001)
XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX X X XXXX XXXXXXXX XXXXXXXXXXX
04/02/2007 - R
02/24/2007 - D
Mortgage
(2007022701833001)
XXXXXXXXXX XXXXXX XX
04/02/2007 - R
02/20/2007 - D
Mortgage
(2007030101383001)
XXXXXXXXXX XX XXXXXX XXXXXXXXXX XXXXXX XXXX
04/17/2007 - R
02/20/2007 - D
Satisfaction of Mortgage
(2007030101364001)
X X XXXXXXXXXX XXX XXXXXXXX XXXX
04/13/2007 - R
02/20/2007 - D
Deed
(2007022701750001)
X X XXXXXXXXXX XXX XXXXXXXXXX X X XXXXXX
04/27/2007 - R
01/20/2007 - D
Satisfaction of Mortgage
(2007030101351001)
X X XXXXXXXXXX XXX XXXXXXXX XXXX XXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 116 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
$12,584
Municipal exemptions
Recent tax assessments
Market value
$5,218,000
Assessed value
$313,080

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 $4,630,000 $277,800 $62,945 19.843% $12,490 $12,490 +4.72%
2024/25 $3,948,000 $236,880 $59,382 20.085% $11,927 $11,927 +6.00%
2023/24 $3,489,000 $209,340 $56,021 20.085% $11,252 $11,252 +4.83%
2022/23 $2,739,000 $164,340 $52,850 20.309% $10,733 $10,733 +1.74%
2021/22 $2,658,000 $159,480 $52,850 19.963% $10,550 $10,550 -4.43%
2020/21 $2,340,000 $140,400 $52,454 21.045% $11,039 $11,039 +5.39%
2019/20 $2,035,000 $122,100 $49,485 21.167% $10,474 $10,474 +7.26%
2018/19 $1,980,000 $118,800 $46,684 20.919% $9,766 $9,766 +8.78%
2017/18 $1,847,000 $110,820 $44,042 20.385% $8,978 $8,978 +1.97%
2016/17 $1,921,000 $115,260 $44,042 19.991% $8,804 $8,804 +3.01%

Permit information for 116 Franklin Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/11/2014 Alteration type 3
10/19/2005 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/11/2007 Landmk-landmark
09/11/2007 Landmk-landmark
09/11/2007 Landmk-landmark

*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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Manhattan Ave & Greenpoint Ave at SW Corner
Station lines
G
Distance (miles)
0.173

Access the detailed traffic volume map for 116 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 116 Franklin Street, Brooklyn, NY 11222?

The development at 116 Franklin Street, Brooklyn, NY 11222 was built in 1930.

What is the market value of 116 Franklin Street, Brooklyn, NY 11222?

The current market value of 116 Franklin Street, Brooklyn, NY 11222 is $5,218,000.

What is the total square footage of 116 Franklin Street, Brooklyn, NY 11222?

116 Franklin Street, Brooklyn, NY 11222 has a total of 4,200 square feet.

What is the price per square foot for this property?

$305 per square foot is the price for 116 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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