Kings » 11205 » Franklin Ave » 50 Franklin Ave

50 Franklin Avenue, Brooklyn, NY 11205 - Property report

Also known as: 40 Franklin Ave

Property image for 50 Franklin Avenue, Brooklyn, NY 11205

Property type

Miscellaneous Warehouse (E9)

Year built

1968

Lot sq. ft.

20,075

Sale price

$2,800,000

General information

Address

Primary address

50 Franklin Avenue

Alternate address(es)

40 Franklin Ave
40-52 Franklin Ave
44-46 Franklin Ave

Show all

ZIP code

11205

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01884-0057

Building

Property type

Miscellaneous Warehouse (E9)

Building sq. ft.

23,000

Building dimensions

75 ft x 100 ft

Buildings on lot

Stories

Year built

1968

Building material

Sales

Sale date

03/10/2004

Sale price

$2,800,000

Tax

Tax year

2026-2027

Property tax

$103,696

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

175 ft x 116.92 ft

Lot sq. ft.

20,075

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

88 /100. Excellent Transit

Bike score

92 /100. Biker's Paradise

School district

Community district

Closest police station

0.51 Miles

Closest fire station

0.27 Miles

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

Ownership

Ownership information for 50 Franklin Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 50 Franklin Avenue, Brooklyn, NY 11205

Sale date	Sale price	Buyer name	Seller name
03/10/2004	$2,800,000	XXXX XXXX, XXX	XXX XXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/17/2022 - R	UCC3 Termination (2022081500639001)	XXXX XXXX XXX	XXXXXX XXXX XXX XXXX XXXXXX
08/22/2022 - R 07/26/2022 - D	Termination of Assign of L&R (2022081500564002)	XXXX XXXX XXX	XXXXXX XXXX
08/22/2022 - R 07/26/2022 - D	Satisfaction of Mortgage (2022081500564001)	XXXX XXXX XXX	XXXXXX XXXX
08/12/2022 - R 07/08/2022 - D	Assignment of Leases and Rents (2022080800177002)	XXXX XXXX XXX	XXXXXX XXXXXXX XXXXXXX XXXX
08/12/2022 - R 07/08/2022 - D	Mortgage (2022080800177001)	XXXX XXXX XXX	XXXXXX XXXXXXX XXXXXXX XXXX
02/11/2019 - R	UCC3 Continuation (2019021100825001)	XXXX XXXX XXX	XXXXXX XXXX XXX XXXX XXXXXX
03/12/2014 - R	UCC3 Termination (2014031200130001)	XXXX XXXX XXX	XXXXXXXXXX XXX XXXXXXXXXX XXXX XX XXXXX (XXX) XX
03/06/2014 - R	Initial UCC1 (2014030600979001)	XXXX XXXX XXX	XXXXXX XXXX XXX XXXX XXXXXX
03/17/2014 - R 03/05/2014 - D	Assignment of Leases and Rents (2014031201281003)	XXXX XXXX XXX	XXXXXX XXXX
03/17/2014 - R 03/05/2014 - D	Mortgage and Consolidation (2014031201281002)	XXXX XXXX XXX	XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 50 Franklin Avenue, 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

$103,696

Municipal exemptions

Recent tax assessments

Market value

$2,455,000

Assessed value

$1,104,750

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	$2,587,000	$1,164,150	$903,450	10.848%	$98,006	$98,006	+3.93%
2024/25	$2,283,000	$1,027,350	$876,220	10.762%	$94,299	$94,299	+1.07%
2023/24	$1,993,000	$896,850	$880,900	10.592%	$93,305	$93,305	+9.48%
2022/23	$1,779,000	$800,550	$800,550	10.646%	$85,227	$85,227	+9.85%
2021/22	$1,603,000	$721,350	$721,350	10.755%	$77,581	$77,581	-25.41%
2020/21	$2,370,000	$1,066,500	$972,540	10.694%	$104,003	$104,003	+9.77%
2019/20	$2,335,000	$1,050,750	$899,192	10.537%	$94,748	$94,748	+9.31%
2018/19	$2,131,000	$958,950	$824,402	10.514%	$86,678	$86,678	+5.81%
2017/18	$2,076,000	$934,200	$779,132	10.514%	$81,918	$81,918	+5.18%
2016/17	$1,894,000	$852,300	$736,562	10.574%	$77,884	$77,884	+4.45%

Permits

Permit information for 50 Franklin Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/21/2019	Alteration
01/28/2008	Alteration type 2
11/30/2005	Alteration type 2
08/06/2004	Alteration type 2
05/10/2004	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	01/14/1998	C-construction

*Most recent DOB violation on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Union Ave & Flushing Ave at SW Corner

Station lines

Distance (miles)

0.48

View subway map

Access the detailed traffic volume map for 50 Franklin Avenue, Brooklyn, NY 11205 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 50 Franklin Avenue, Brooklyn, NY

649 Belmont Ave, Brooklyn 3440 Atlantic Ave, Brooklyn 156 Eagle St, Brooklyn 13 Dewey Pl, Brooklyn 550 E 4th St, Brooklyn 1808 Coney Island Ave, Brooklyn 682 Hendrix St, Brooklyn 456 A 9th St, Brooklyn 883 E 95th St, Brooklyn 123 97th St, Brooklyn 1714 67th St, Brooklyn 546 A Monroe St, Brooklyn 386 Classon Ave, Brooklyn 479 A Quincy St, Brooklyn 720 Fulton St, Brooklyn 317 Mayfair Dr N, Brooklyn 183 Troutman St, Brooklyn 1167 President St, Brooklyn 582 E 53rd St, Brooklyn

Frequently asked questions

What is the year built for 50 Franklin Avenue, Brooklyn, NY 11205?

The development at 50 Franklin Avenue, Brooklyn, NY 11205 was built in 1968.

What is the market value of 50 Franklin Avenue, Brooklyn, NY 11205?

The current market value of 50 Franklin Avenue, Brooklyn, NY 11205 is $2,455,000.

What is the total square footage of 50 Franklin Avenue, Brooklyn, NY 11205?

50 Franklin Avenue, Brooklyn, NY 11205 has a total of 23,000 square feet.

What is the price per square foot for this property?

$121 per square foot is the price for 50 Franklin Avenue, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.