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

55-59 Franklin Avenue #S2B, Brooklyn, NY 11205 Property Information

55-59 Franklin Avenue #S2B, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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55-59 Franklin Avenue #S2B, Brooklyn, NY 11205 2
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Address

Primary address 55-59 Franklin Avenue #S2B
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01885-1014

Sales & Tax Overview for 55-59 Franklin Avenue #S2B, Brooklyn

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Purchase date 05/19/2004
Purchase price $40,560
Tax class

Lot & Building Information for 55-59 Franklin Avenue #S2B, Brooklyn

Lot sq. ft. 4,036
Lot dimensions 43.36 ft x 100 ft
Property type Non-Business Storage Space (RS)
Building sqft 980
Buildings on lot 2
Stories 5
Year built 1932
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Zoning & Use for 55-59 Franklin Avenue #S2B, Brooklyn

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 3
Closest police station 0.51 Miles
Closest fire station 0.31 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 55-59 Franklin Avenue #S2B, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 55-59 Franklin Avenue #S2B, Brooklyn

How many sq. ft. does 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205 have & what is the price per sq. ft?

This Non-Business Storage Space (RS) located at 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205 has a total of 980 square feet and a current price per square foot of $41.

What is the year built & the current market value of 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205?

55-59 Franklin Avenue #S2B, Brooklyn, NY 11205 was built in 1932 and has a current tax assessor's market value of $85,750.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 55-59 Franklin Avenue #S2B, Brooklyn

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Property owner name for 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205
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Building contacts for 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205
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Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 55-59 Franklin Avenue #S2B, Brooklyn

Create a free account to view the complete sales history for 55-59 Franklin Avenue #S2B, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/19/2004 $40,560

Title Documents for 55-59 Franklin Avenue #S2B, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
08/18/2009 - D
08/25/2009 - R
Tax Lien Sale Certificate
(2009082400683001)
06/26/2008 - D
07/15/2008 - R
Tax Lien Sale Certificate
(2008071100556001)
08/25/2005 - D
09/09/2005 - R
Discharge of Tax Lien
(2005090701521001)
05/19/2004 - D
12/20/2004 - R
Deed
(2004052601321003)
05/19/2004 - D
12/20/2004 - R
Power of Attorney
(2004052601321001)
06/23/2003 - D
12/20/2004 - R
Partial Release of Mortgage
(2004052601321002)
04/08/2003 - D
09/10/2003 - R
Assignment of Leases and Rents
(2003070301056001)
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R: Recorded date
D: Document date

Property Taxes for 55-59 Franklin Avenue #S2B, Brooklyn

Access detailed property tax data for 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $85,750
Assessed value: $38,588
Exemptions granted by city:

Assessment History for 55-59 Franklin Avenue #S2B, Brooklyn

Here's the assessment & property tax history for 55-59 Franklin Avenue #S2B, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $85,750 $38,588 $0 10.848% $4,186 $0 n/a
2024/25 $79,958 $35,982 $0 10.762% $3,872 $0 n/a
2023/24 $94,750 $42,638 $0 10.592% $4,516 $0 n/a
2022/23 $98,000 $44,100 $0 10.646% $4,695 $0 n/a
2021/22 $89,500 $40,275 $0 10.755% $4,332 $0 n/a

Permits for 55-59 Franklin Avenue #S2B, Brooklyn

The complete history of permits filed for 55-59 Franklin Avenue #S2B, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Transportation

Distance to Subway
Closest station Union Ave & Flushing Ave at SW Corner
Station lines G
Distance (miles) 0.453
View subway map
Bus Routes
Name Franklin Av/Flushing Av
Line B48
Distance (miles) 0.065

Neighbors for 55-59 Franklin Avenue #S2B, Brooklyn

Here are the neighbors for 55-59 Franklin Avenue #S2B, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
142 Pennsylvania Ave, Brooklyn 1,380 06/30/2003
488 Logan St, Brooklyn 2,040 03/02/2007 $549,000
851 Hegeman Ave, Brooklyn 9,825 11/09/2005 $7,140,000
1830 51st St, Brooklyn 6,748 03/18/2004 $950,000
224 Van Siclen Ave, Brooklyn 3,008 03/27/2018 $505,000
8430 New Utrecht Ave, Brooklyn 15,754 03/06/2002
134 Cornelia St, Brooklyn 3,040 11/02/2005
61 Buffalo Ave, Brooklyn 07/16/2025
15 Berkeley Pl, Brooklyn 8,960 05/20/1986
132 Stanhope St, Brooklyn 18,622 01/26/2000
236 Pulaski St, Brooklyn 9,860 01/26/2021
11 A Menahan St, Brooklyn 6,000 02/28/2008 $720,000
306 Lincoln Pl, Brooklyn 3,520 08/30/2005 $899,000
725 Hinsdale St, Brooklyn 2,120 11/16/2004 $452,000
434 New Jersey Ave, Brooklyn 11/09/2005 $7,140,000
923 Avenue S, Brooklyn
529 Sutter Ave, Brooklyn 28,700 12/23/2021 $5,275,000
428 New Jersey Ave, Brooklyn 2,860 11/09/2005 $7,140,000
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