New York City  »  10456  »  Franklin Ave  »  1162 Franklin Ave

1162 Franklin Avenue, Bronx, NY 10456 - Property report

Also known as: 581 E 167th St

Property image for 1162 Franklin Avenue, Bronx, NY 10456
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Property type

Two Family Brick (B1)

Year built

2005

Lot sq. ft.

1,000

Sale price

$575,311

General information

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Address
Primary address
1162 Franklin Avenue
Alternate address(es)
1160-1162 Franklin Ave
581 E 167th St
ZIP code
10456
Neighborhood
Morrisania
Borough
Bronx
Block & lot
02614-0070

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,709
Building dimensions
45 ft x 20 ft
Buildings on lot
1
Stories
3
Year built
2005
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
11/02/2006
Sale price
$575,311
Tax
Tax year
2026-2027
Property tax
$7,132
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 167 Street (narrow)
Franklin Avenue (narrow)
Nearest wide street
Boston Road
Distance to wide street
Lot dimensions
25 ft x 40 ft
Lot sq. ft.
1,000

Area overview

Walk score
85 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
67 /100.  Bikeable
School district
9
Community district
3
Closest police station
0.53 Miles
Closest fire station
0.17 Miles

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Ownership information for 1162 Franklin Avenue, Bronx, NY

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

Sales history for 1162 Franklin Avenue, Bronx, NY 10456

Sale date Sale price Buyer name Seller name
11/02/2006 $575,311 XXXXXX, XXXXXX XXX XXXXXXXX, XXXXXXX XXX XXXXXX, XXXXXXXXX X&X XXXXXXXXXX, XXX.
04/15/2004 $133,500 X XXX XXXXXXXXXXX XXXX.
02/11/2004 $80,000 XXX XXXXXXXXXXX XXXXXXXXXXX XXXXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/11/2022 - R
01/03/2022 - D
Satisfaction of Mortgage
(2022010401556002)
XXXXXX XXXXXX XXX XXX
01/11/2022 - R
12/29/2021 - D
Assignment, Mortgage
(2022010401556001)
XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXX XXX
01/27/2020 - R
11/01/2019 - D
Deed
(2020010600894001)
XXXXXX XX XXXXXXXXX XXXXXX XXXXXX XXXXXX XXXXX
06/02/2025 - R
04/11/2017 - D
Court Order
(2025060200131001)
XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXX XXXXXX
12/24/2009 - R
11/11/2009 - D
Assignment, Mortgage
(2009120900227001)
XXXXXXXX XXXXXXXX XXXXXXX XXXX XX XXXX XXXXXXXX XXXXXXXXXXX
11/24/2006 - R
11/02/2006 - D
Mortgage
(2006110700622003)
XXXXXX XXXXXX
11/24/2006 - R
11/02/2006 - D
Mortgage
(2006110700622002)
XXXXXX XXXXXX
11/24/2006 - R
11/02/2006 - D
Deed
(2006110700622001)
XX XXXXXXXXXX XXX XXXXXX XXXXXX
10/27/2005 - R
10/17/2005 - D
Zoning Lot Description
(2005101801134002)
X X XXXXXXXXXX XXX
10/27/2005 - R
10/17/2005 - D
Certificate
(2005101801134001)
XXXXX XXXXXXXX XXXX X X XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1162 Franklin Avenue, Bronx, 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
$7,132
Municipal exemptions
Recent tax assessments
Market value
$685,000
Assessed value
$41,100

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 $739,000 $44,340 $34,252 19.843% $6,797 $6,797 +4.72%
2024/25 $664,000 $39,840 $32,314 20.085% $6,490 $6,490 +1.78%
2023/24 $574,000 $34,440 $31,748 20.085% $6,377 $6,377 +4.83%
2022/23 $609,000 $36,540 $29,952 20.309% $6,083 $6,083 +1.74%
2021/22 $608,000 $36,480 $29,952 19.963% $5,979 $5,979 -0.46%
2020/21 $658,000 $39,480 $28,543 21.045% $6,007 $6,007 +5.39%
2019/20 $577,000 $34,620 $26,928 21.167% $5,700 $5,700 +2.99%
2018/19 $500,000 $30,000 $26,457 20.919% $5,535 $5,535 +8.77%
2017/18 $416,000 $24,960 $24,960 20.385% $5,088 $5,088 +1.24%
2016/17 $419,000 $25,140 $25,140 19.991% $5,026 $5,026 +8.05%

Permit information for 1162 Franklin Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
10/14/2004 Alteration type 3
10/14/2004 Alteration type 3
08/27/2004 New building
08/27/2004 New building
08/27/2004 New building

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
03/02/2017 I
02/24/2017 C
02/24/2017 C

*Most recent HPD violations on record for this property.

Morrisania, Melrose residential market stats

Access a detailed real estate market overview of Morrisania, Melrose so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Morrisania, Melrose and compare it to other neighborhoods in Bronx.

Median sale price

Median price/sq. ft.

Bronx median sale price

$352,500

13.7% Y-o-Y

Check out recently sold homes in Bronx 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
-

Subway & traffic

Closest station
Intervale Ave & Westchester Ave at NE Corner
Station lines
2-5
Distance (miles)
0.618

Access the detailed traffic volume map for 1162 Franklin Avenue, Bronx, NY 10456 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 63 Author S Academy 5 Yes Public PK, K-5 412 0.20
P.S. 63 Author S Academy 5 Yes Public PK, K-5 412 0.20
South Bronx Classical Charter Iii 9 No Charter K-8 500 0.08
Harriet Tubman Charter School 7 No Charter K-8 565 0.23
P.S. 132 Garrett A Morgan 4 No Public PK, K-5 378 0.24
P.S. 132 Garrett A Morgan 4 No Public PK, K-5 378 0.24
P.S. 212 NR No Public PK, K-5 161 0.24
P.S. 212 NR No Public PK, K-5 161 0.24
Urban Scholars Community School 5 No Public PK, K-5 325 0.25
Urban Scholars Community School 5 No Public PK, K-5 325 0.25
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
South Bronx Classical Charter Iii 9 No Charter K-8 500 0.08
New Covenant Christian Middle and High School NR No Private 6-12 0 0.09
Mott Hall Charter School 3 No Charter 6-8 228 0.20
Harriet Tubman Charter School 7 No Charter K-8 565 0.23
Bronx Latin School 5 No Public 6-12 493 0.27
Dr Richard Izquierdo Health and Science Charter School 5 No Charter 6-12 708 0.27
R T Hudson Elementary School NR No Private PK-8 38 0.29
Is 219 New Venture School 3 No Public 6-8 247 0.33
Kappa Middle School 4 No Public 6-8 241 0.34
P.S. 186 Walter J Damrosch School NR No Public K-8 661 0.39
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
New Covenant Christian Middle and High School NR No Private 6-12 0 0.09
Bronx International High School 3 No Public 9-12 324 0.13
School For Excellence 2 No Public 9-12 101 0.13
Morris Academy For Collaborative Studies 4 No Public 9-12 435 0.13
High School for Violin and Dance 2 No Public 9-12 130 0.13
South Bronx Community Charter High School 1 No Charter 9-12 346 0.17
Bronx Career And College Preparatory High School 2 No Public 9-12 202 0.27
Bronx Latin School 5 No Public 6-12 493 0.27
Dr Richard Izquierdo Health and Science Charter School 5 No Charter 6-12 708 0.27
Frederick Douglas Academy Iii Secondary School 3 No Public 9-12 218 0.33

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 1162 Franklin Avenue, Bronx, NY 10456?

The development at 1162 Franklin Avenue, Bronx, NY 10456 was built in 2005.

What is the total square footage of 1162 Franklin Avenue, Bronx, NY 10456?

1162 Franklin Avenue, Bronx, NY 10456 has a total of 2,709 square feet.

When was 1162 Franklin Avenue, Bronx, NY 10456 last sold and what was the sale price?

1162 Franklin Avenue, Bronx, NY 10456 was last sold on 11/02/2006 for $575,311.

What is the assessed value of 1162 Franklin Avenue, Bronx, NY 10456?

1162 Franklin Avenue, Bronx, NY 10456 is currently assessed at $41,100.

What are the property taxes for 1162 Franklin Avenue, Bronx, NY 10456?

The property taxes for 1162 Franklin Avenue, Bronx, NY 10456 total $7,131.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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