New York City  »  11205  »  Franklin Ave  »  55 Franklin Ave

55 Franklin Avenue #S1B, Brooklyn, NY 11205 - Property report

Also known as: 53-55 Franklin Ave #S1B

Property image for 55 Franklin Avenue #S1B, Brooklyn, NY 11205
static Mapbox map

Property type

Non-Business Storage Space (RS)

Year built

1932

Lot sq. ft.

4,036

General information

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Address
Primary address
55 Franklin Avenue #S1B
Alternate address(es)
53-55 Franklin Ave #S1B
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01885-1013

Owner

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Building
Property type
Non-Business Storage Space (RS)
Unit sq. ft.
929
Buildings on lot
2
Stories
5
Year built
1932
Building material
Tax
Tax year
2026-2027
Property tax
$1,974
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
20
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
43.36 ft x 100 ft
Lot sq. ft.
4,036

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
88 /100.  Excellent Transit
Bike score
92 /100.  Biker's Paradise
School district
14
Community district
3
Closest police station
0.51 Miles
Closest fire station
0.31 Miles

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Ownership information for 55 Franklin Avenue #S1B, Brooklyn, NY

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

Sales history for 55 Franklin Avenue #S1B, Brooklyn, NY 11205

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/03/2019 - R
04/01/2019 - D
Deed
(2019040300122001)
XXXX XXX XXX XXX XXXXX XXX
03/03/2016 - R Initial UCC1
(2016030301046001)
XXXX XXX XXX XXXXXX XXXXXXX XXX
03/11/2016 - R
02/19/2016 - D
Assignment of Leases and Rents
(2016022501233004)
XXXX XXX XXX XXXXXX XXXXXXX XXX
03/11/2016 - R
02/19/2016 - D
Mortgage
(2016022501233003)
XXXX XXX XXX XXXXXX XXXXXXX XXX
03/11/2016 - R
02/16/2016 - D
Deed
(2016022501233001)
XXXXX XXXXXX XXXX XXX XXX
06/10/2009 - R
05/20/2009 - D
Agreement
(2009060400321003)
XXXXXX XXX XXX X X XXXXXXX XXX
06/10/2009 - R
05/20/2009 - D
Mortgage
(2009060400321002)
XXXXXX XXX XXX X X XXXXXXX XXX
06/10/2009 - R
05/19/2009 - D
Assignment, Mortgage
(2009060400321001)
XXXXXXXXXXX XXXXXX X X XXXXXXX XXX
09/09/2005 - R
08/25/2005 - D
Discharge of Tax Lien
(2005090701521001)
XXX XXXX XX XXX XXXX
07/14/2005 - R
06/10/2005 - D
Mortgage
(2005071102205001)
XXXXX XXXXXX XXXXXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55 Franklin Avenue #S1B, 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
$1,974
Municipal exemptions
Recent tax assessments
Market value
$90,250
Assessed value
$40,613

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 $85,750 $38,588 $10,445 10.848% $4,186 $1,133 +208.84%
2024/25 $79,958 $35,982 $3,409 10.762% $3,872 $367 +1.60%
2023/24 $94,750 $42,638 $3,409 10.592% $4,516 $361 -0.51%
2022/23 $98,000 $44,100 $3,409 10.646% $4,695 $363 -1.11%
2021/22 $89,500 $40,275 $3,409 10.755% $4,332 $367 +0.67%
2020/21 $110,250 $49,612 $3,409 10.694% $4,865 $365 +1.49%
2019/20 $102,708 $46,219 $3,409 10.537% $4,575 $359 +0.22%
2018/19 $101,208 $45,544 $3,409 10.514% $4,394 $358 0.00%
2017/18 $98,292 $44,231 $3,409 10.514% $4,222 $358 -0.57%
2016/17 $93,000 $41,850 $3,409 10.574% $4,065 $360 -0.77%

Permit information for 55 Franklin Avenue #S1B, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.453

Access the detailed traffic volume map for 55 Franklin Avenue #S1B, 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

Frequently asked questions

What is the year built for 55 Franklin Avenue #S1B, Brooklyn, NY 11205?

The development at 55 Franklin Avenue #S1B, Brooklyn, NY 11205 was built in 1932.

What is the market value of 55 Franklin Avenue #S1B, Brooklyn, NY 11205?

The current market value of 55 Franklin Avenue #S1B, Brooklyn, NY 11205 is $90,250.

What is the total square footage of 55 Franklin Avenue #S1B, Brooklyn, NY 11205?

55 Franklin Avenue #S1B, Brooklyn, NY 11205 has a total of 929 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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