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12 Franklin Street, Brooklyn, NY 11222 Property Information

12 Franklin Street, Brooklyn, NY 11222 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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12 Franklin Street, Brooklyn, NY 11222 5
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Address

Primary address 12 Franklin Street
Secondary address 3-7 N 15th St
Neighborhood Greenpoint
Zip code 11222
Borough Brooklyn
Block & lot 02614-0003

Sales & Tax Overview for 12 Franklin Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/26/2023
Purchase price $23,000,000
Tax class
Estimated property tax $210,337

Lot & Building Information for 12 Franklin Street, Brooklyn

Lot sq. ft. 27,775
Lot dimensions 115.83 ft x 100.83 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 30,260
Building dimensions 61 ft x 115 ft
Buildings on lot 2
Stories 2
Year built 1931
Year last altered 2014
Construction type
Status
Status date
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Zoning & Use for 12 Franklin Street, Brooklyn

Zoning
Commercial units 4
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 0.23 Miles
Closest fire station 0.46 Miles

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

Other Property Data for 12 Franklin Street, 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 12 Franklin Street, Brooklyn, NY 11222, 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 12 Franklin Street, Brooklyn, NY 11222, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 3-7 N 15th St, Brooklyn, NY 11222
  • 2-8 Franklin St, Brooklyn, NY 11222
  • 27-33 Gem St, Brooklyn, NY 11222
  • 37 Gem St, Brooklyn, NY 11222
  • 39 Gem St, Brooklyn, NY 11222
  • 2-6 Meserole Ave, Brooklyn, NY 11222
  • 8 Meserole Ave, Brooklyn, NY 11222
  • 10 Meserole Ave, Brooklyn, NY 11222

About 12 Franklin Street, Brooklyn

How many square feet does 12 Franklin Street, Brooklyn, NY 11222 have?

This Predominant Retail with Other Uses (K4) located at 12 Franklin Street, Brooklyn, NY 11222 has a total of 30,260 square feet.

What is the year built & the current market value of 12 Franklin Street, Brooklyn, NY 11222?

12 Franklin Street, Brooklyn, NY 11222 was built in 1931 and has a current tax assessor's market value of $4,365,000.

How many commercial spaces does this building have?

This building has 4 commercial spaces available for lease.

Ownership Information for 12 Franklin Street, Brooklyn

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Property owner name for 12 Franklin Street, Brooklyn, NY 11222
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Building contacts for 12 Franklin Street, Brooklyn, NY 11222
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 12 Franklin Street, Brooklyn

Create a free account to view the complete sales history for 12 Franklin Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/26/2023 $23,000,000
09/13/2016 $5,638,900
06/16/2016 $11,277,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 12 Franklin Street, 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
03/04/2026 - D
03/24/2026 - R
Assignment, Mortgage
(2026032400112001)
02/04/2026 - D
03/17/2026 - R
Assignment, Mortgage
(2026031600893001)
11/06/2025 - R UCC3 Termination
(2025110400323011)
11/06/2025 - R UCC3 Termination
(2025110400323010)
11/06/2025 - R Initial UCC1
(2025110400323008)
10/27/2025 - D
12/22/2025 - R
Assignment, Mortgage
(2025111000268001)
10/27/2025 - D
11/06/2025 - R
Assignment of Leases and Rents
(2025110400323007)
10/27/2025 - D
11/06/2025 - R
Agreement
(2025110400323006)
10/27/2025 - D
11/06/2025 - R
Mortgage
(2025110400323005)
10/27/2025 - D
11/06/2025 - R
Assignment, Mortgage
(2025110400323004)
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R: Recorded date
D: Document date

Property Taxes for 12 Franklin Street, Brooklyn

Access detailed property tax data for 12 Franklin Street, Brooklyn, NY 11222. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $186,704
Estimated property tax: $210,337
Tax assessor's market value: $4,365,000
Assessed value: $1,964,250

Assessment History for 12 Franklin Street, Brooklyn

Here's the assessment & property tax history for 12 Franklin Street, 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 $4,365,000 $1,964,250 $1,721,090 10.848% $186,704 $186,704 +4.31%
2024/25 $4,241,000 $1,908,450 $1,663,240 10.762% $178,998 $178,998 +10.34%
2023/24 $3,926,000 $1,766,700 $1,531,550 10.592% $162,222 $162,222 -0.96%
2022/23 $3,625,000 $1,631,250 $1,538,550 10.646% $163,794 $163,794 +5.46%
2021/22 $3,209,000 $1,444,050 $1,444,050 10.755% $155,308 $155,308 -7.07%

Permits for 12 Franklin Street, Brooklyn

The complete history of permits filed for 12 Franklin Street, 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.

Filing date Job type Job status Job description Initial cost
03/18/2026 Alteration
02/10/2026 Alteration
11/26/2025 Alteration
10/21/2025 Alteration
10/21/2025 Alteration
10/01/2025 No work
09/22/2025 Alteration
08/25/2025 No work
07/23/2025 Alteration CO
06/09/2025 Alteration
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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.

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Manhattan Ave & Norman Ave at NW Corner
Station lines G
Distance (miles) 0.27
View subway map
Bus Routes
Name Franklin St/Meserole Av
Line B32
Distance (miles) 0.022

Neighbors for 12 Franklin Street, Brooklyn

Here are the neighbors for 12 Franklin Street, Brooklyn, NY 11222.

Address Square feet Purchase date Purchase price
1525 Albany Ave, Brooklyn 38,800 11/16/2015 $330,000
57 A Somers St, Brooklyn 1,719 12/22/2017 $810,000
229 Hart St, Brooklyn 1,428 02/14/2023 $925,000
227 A Hart St, Brooklyn 1,428 05/19/2017
231 A Hart St, Brooklyn 1,428 02/05/2002
409 Harman St, Brooklyn 2,000 03/02/2009 $10
229 A Hart St, Brooklyn 1,428 02/06/2002
50 S 2nd St, Brooklyn 06/21/2023 $7,640,000
504 Vermont St, Brooklyn 3,000 03/30/2026 $810,000
47 Riverdale Ave, Brooklyn 2,280 07/10/2020 $675,000
217 Miller Ave, Brooklyn 05/30/2008
233 Hart St, Brooklyn 1,428 03/15/2002
2569 W 15th St, Brooklyn 3,166 08/26/1991
88 Bay 47 St, Brooklyn 1,760 09/19/2025
235 A Hart St, Brooklyn 1,428 12/13/2024 $1,075,000
51 Irving Pl, Brooklyn 9,180 09/21/2001
650 Kosciuszko St, Brooklyn 6,352 06/03/2016
519 Flushing Ave, Brooklyn 4,500 11/11/1991
882 Metropolitan Ave, Brooklyn 5,345 03/02/2020
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