Kings » 11225 » Franklin Ave » 964 Franklin Ave

964 Franklin Avenue, Brooklyn, NY 11225 - Property report

Also known as: 962-964 Franklin Ave

Property image for 964 Franklin Avenue, Brooklyn, NY 11225

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

13,109

Sale price

$45,000,000

General information

Address

Primary address

964 Franklin Avenue

Alternate address(es)

962-964 Franklin Ave

ZIP code

11225

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01192-0063

Building

Property type

Zoned Commercial or Manhattan Residential (V1)

Last altered

2023

Building material

Sales

Sale date

09/16/2025

Sale price

$45,000,000 - M

Tax

Tax year

2026-2027

Property tax

$18,052

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

52.75 ft x 247.67 ft

Lot sq. ft.

13,109

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

81 /100. Very Bikeable

School district

Community district

Closest police station

0.63 Miles

Closest fire station

0.49 Miles

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

Ownership

Ownership information for 964 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 964 Franklin Avenue, Brooklyn, NY 11225

Sale date	Sale price	Buyer name	Seller name
09/16/2025	$45,000,000	XXXXXXXX XXXXXXX XX XXX	XXXXXXXX XXX XXXXXXXX XXXXX XXX
11/17/2017	$33,000,000	XXXXXXXX XXX XXXXXXXX XXXXX XXX	XXX XXXXXXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/02/2026 - R 05/29/2026 - D	Certificate (2026052900376001)	XXXXXXXXXX XXXXXXXX XXX
06/02/2026 - R 05/26/2026 - D	Zoning Lot Description (2026052900376002)	XXXXXXXX XXXXXXX XX XXX
12/09/2025 - D 12/09/2025 - R	Certificate (2025120900296001)	XXXXXXXXXX XXXXXXXX XXX
12/09/2025 - R 12/08/2025 - D	Zoning Lot Description (2025120900296002)	XXXXXXXX XXXXXXX XX XXX
09/26/2025 - R	Initial UCC1 (2025091900158007)	XXXXXXXX XXXXXXX XX XXX	XX XXXXX XXX
09/26/2025 - R 09/16/2025 - D	Asgn of Asgn of L&R (2025091900158009)	XX XXXXX XXX	XXXX XXXX
09/26/2025 - R 09/16/2025 - D	Assignment, Mortgage (2025091900158008)	XX XXXXX XXX	XXXX XXXX
09/26/2025 - R 09/16/2025 - D	Assignment of Leases and Rents (2025091900158006)	XXXXXXXX XXXXXXX XX XXX	XX XXXXX XXX
09/26/2025 - R 09/16/2025 - D	Agreement (2025091900158005)	XXXXXXXX XXXXXXX XX XXX	XX XXXXX XXX
09/26/2025 - R 09/16/2025 - D	Assignment, Mortgage (2025091900158004)	XXXXXXXX XXXXXX XX XXX	XX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 964 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

$18,052

Municipal exemptions

Recent tax assessments

Market value

$852,000

Assessed value

$383,400

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	$655,000	$294,750	$99,990	10.848%	$10,847	$10,847	-77.82%
2024/25	$1,146,000	$515,700	$454,410	10.762%	$48,904	$48,904	+5.43%
2023/24	$1,081,000	$486,450	$437,940	10.592%	$46,387	$46,387	+3.80%
2022/23	$988,000	$444,600	$419,760	10.646%	$44,688	$44,688	+15.42%
2021/22	$800,000	$360,000	$360,000	10.755%	$38,718	$38,718	-10.12%
2020/21	$1,034,000	$465,300	$402,840	10.694%	$43,080	$43,080	+6.91%
2019/20	$963,000	$433,350	$382,410	10.537%	$40,295	$40,295	+3.68%
2018/19	$879,000	$395,550	$369,630	10.514%	$38,863	$38,863	-1.97%
2017/18	$967,000	$435,150	$377,046	10.514%	$39,643	$39,643	+6.26%
2016/17	$855,000	$384,750	$352,835	10.574%	$37,309	$37,309	+6.08%

Permits

Permit information for 964 Franklin Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/17/2023	Alteration
11/14/2023	Alteration
04/25/2018	Full demolition
	Full demolition
	Full demolition

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	06/30/2023	Lblvio-low pressure boiler boiler required
	06/30/2023	Lblvio-low pressure boiler boiler required

*Most recent DOB violations 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

Flatbush Ave & Empire Blvd at SW Corner

Station lines

B-Q-FS

Distance (miles)

0.211

View subway map

Access the detailed traffic volume map for 964 Franklin Avenue, Brooklyn, NY 11225 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 964 Franklin Avenue, Brooklyn, NY

65 New York Ave, Brooklyn 932 Carroll St, Brooklyn 1045 Union St, Brooklyn 859 Classon Ave, Brooklyn 140 Eastern Pkwy, Brooklyn 1333 Pacific St, Brooklyn 35 Empire Blvd, Brooklyn 1382 Atlantic Ave, Brooklyn 71 Brooklyn Ave, Brooklyn 591 Franklin Ave, Brooklyn 54 Crown St, Brooklyn 255 Eastern Pkwy, Brooklyn 1452 Atlantic Ave, Brooklyn 1031 Bergen St, Brooklyn 307 Eastern Pkwy, Brooklyn 350 Lincoln Pl, Brooklyn 1146 Atlantic Ave, Brooklyn 117 New York Ave, Brooklyn

Frequently asked questions

What is the market value of 964 Franklin Avenue, Brooklyn, NY 11225?

The current market value of 964 Franklin Avenue, Brooklyn, NY 11225 is $852,000.

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.