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372 Franklin Avenue, Brooklyn, NY 11238 Property Information

372 Franklin Avenue, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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372 Franklin Avenue, Brooklyn, NY 11238 1
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Address

Primary address 372 Franklin Avenue
Secondary address 112 Quincy St
Neighborhood Bedford-Stuyvesant
Zip code 11238
Borough Brooklyn
Block & lot 01973-0041

Sales & Tax Overview for 372 Franklin Avenue, Brooklyn

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

Purchase date 09/13/2016
Purchase price $575,000
Tax class

Lot & Building Information for 372 Franklin Avenue, Brooklyn

Lot sq. ft. 4,750
Lot dimensions 50 ft x 95 ft
Property type Over Six Families without Stores (C1)
Building sqft 4,800
Building dimensions 22 ft x 40 ft
Buildings on lot 1
Stories 2
Year built 1930
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Zoning & Use for 372 Franklin Avenue, Brooklyn

Zoning
Residential units (DOF) 8
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 3
Closest police station 0.31 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 372 Franklin Avenue, 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 372 Franklin Avenue, Brooklyn, NY 11238, 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 372 Franklin Avenue, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 112 Quincy St, Brooklyn, NY 11238

About 372 Franklin Avenue, Brooklyn

What is the year built & the total sq. ft. for 372 Franklin Avenue, Brooklyn, NY 11238?

372 Franklin Avenue, Brooklyn, NY 11238 was built in 1930 and has a total of 4,800 square feet.

What is the assessed value of 372 Franklin Avenue, Brooklyn, NY 11238?

The assessed market value for the current tax year is $441,000.

When was 372 Franklin Avenue, Brooklyn, NY 11238 last sold and what was the last sale price?

372 Franklin Avenue, Brooklyn, NY 11238 was last sold in 09/13/2016 for $575,000.

How many residential units does this building have?

This building has 8 residential unit(s).

Ownership Information for 372 Franklin Avenue, Brooklyn

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Property owner name for 372 Franklin Avenue, Brooklyn, NY 11238
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Building contacts for 372 Franklin Avenue, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 372 Franklin Avenue, Brooklyn

Create a free account to view the complete sales history for 372 Franklin Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/13/2016 $575,000

Title Documents for 372 Franklin Avenue, 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
05/05/2023 - D
06/02/2023 - R
NYC Real Property Transfer Tax
(2023052400250001)
06/01/2017 - D
06/08/2017 - R
Satisfaction of Mortgage
(2017060700205001)
09/13/2016 - D
09/27/2016 - R
Agreement
(2016092000507008)
09/13/2016 - D
09/27/2016 - R
Agreement
(2016092000507007)
09/13/2016 - D
09/27/2016 - R
Agreement
(2016092000507006)
09/13/2016 - D
09/27/2016 - R
Agreement
(2016092000507005)
09/13/2016 - D
09/27/2016 - R
Agreement
(2016092000507004)
09/13/2016 - D
09/27/2016 - R
Agreement
(2016092000507003)
09/13/2016 - D
09/27/2016 - R
Termination of Lease or Memo
(2016092000507002)
09/13/2016 - D
09/27/2016 - R
Deed
(2016092000507001)
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R: Recorded date
D: Document date

Property Taxes for 372 Franklin Avenue, Brooklyn

Access detailed property tax data for 372 Franklin Avenue, Brooklyn, NY 11238. 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: $980,000
Assessed value: $441,000
Exemptions granted by city:

Assessment History for 372 Franklin Avenue, Brooklyn

Here's the assessment & property tax history for 372 Franklin Avenue, 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 $980,000 $441,000 $0 12.439% $17,164 $0 n/a
2024/25 $817,000 $367,650 $0 12.5% $15,971 $0 n/a
2023/24 $758,000 $341,100 $0 12.502% $15,973 $0 n/a
2022/23 $632,000 $284,400 $0 12.267% $15,187 $0 n/a
2021/22 $505,700 $227,565 $0 12.235% $14,025 $0 n/a

Permits for 372 Franklin Avenue, Brooklyn

The complete history of permits filed for 372 Franklin Avenue, 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
04/24/2012 Alteration type 2
10/11/2011 Alteration type 2
         
         
         
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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): X (See more on map)

Transportation

Distance to Subway
Closest station Bedford Ave & Lafayette Ave at SW Corner
Station lines G
Distance (miles) 0.241
View subway map
Bus Routes
Name Franklin Av/Gates Av
Line B48
Distance (miles) 0.033

Neighbors for 372 Franklin Avenue, Brooklyn

Here are the neighbors for 372 Franklin Avenue, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
496 Classon Ave, Brooklyn 1,280 07/18/2022 $1,250,000
431 Classon Ave, Brooklyn 7,820
113 Madison St, Brooklyn 12/24/1987
67 Downing St, Brooklyn 82,896 11/03/1966
47 Putnam Ave, Brooklyn 3,586 02/07/2024
99 Madison St, Brooklyn 9,759 09/13/2016 $575,000
41 Lexington Ave, Brooklyn 3,957 11/04/2021
36 Quincy St, Brooklyn 1,870 03/10/2022 $1,125,000
941 Fulton St, Brooklyn 38,194 04/16/2012 $1,801,870
112 Madison St, Brooklyn 3,048 06/28/2012 $320,000
20 Monroe St, Brooklyn 9,600 09/13/2016 $575,000
1166 Bedford Ave, Brooklyn 44,000 04/18/1983
39 Lexington Ave, Brooklyn 3,957 11/04/2021
118 Quincy St, Brooklyn 20,000 08/01/2008
25 Lexington Ave, Brooklyn 24,000 09/12/2022 $17,000,000
351 Franklin Ave, Brooklyn 13,346 01/07/2014 $7,000,000
125 Lexington Ave, Brooklyn 13,965 06/19/2006 $995,000
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