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245 Franklin Avenue, Brooklyn, NY 11205

Elevator apartments (D6) · BBL 3019270006

13,791 sq ft16 res units6 storiesBuilt 2020
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Summary

245 Franklin Avenue, Brooklyn, NY 11205 is a 6-story elevator apartment building, built in 2020, with 16 residential units, on a 3,360 sq ft lot. The city's 2027 market value is $2,195,250. It last sold on 07/11/2023 for $7,600,000. City records list 43 violations, 12 mortgages and 1 sale for this lot.

History

Dated from city records. Deeds, mortgages, permits and violations are in the full report.

  1. 2027City market value set at $2,195,250
  2. 2025Building altered
  3. 07/11/2023Sold for $7,600,000
  4. 2020Building completed

Property

Address
245 Franklin Avenue
Borough
Brooklyn
Zip code
11205
Block & lot
01927-0006
BBL
3019270006
Condo number
—
Community district
303
School district
13
Council district
33
Historic district
—
Owner

Building

Property type
Elevator apartments (D6)
Square feet
13,791 sq ft
Building dimensions
Stories
6
Year built
2020
Year altered
2025
Residential units
16
Total units
17
Buildings on lot
1

Lot and zoning

Lot sq ft
3,360
Lot dimensions
28 ft x 120 ft
Zoning
FAR
Buildable area

Value, sale and loans

Market value is the city's assessment estimate, not a sale price or appraisal.

Market value
$2,195,250
Tax year
2027
Last sale date
07/11/2023
Last sale price
$7,600,000
Tax amount
Loan amount

In the full report

Unlock once to open every section for this property.

Questions

When was 245 Franklin Avenue built?
245 Franklin Avenue was built in 2020 and altered in 2025, according to the city's lot file.
How many units does 245 Franklin Avenue have?
245 Franklin Avenue has 17 units, 16 of them residential across 6 stories.
When did 245 Franklin Avenue last sell?
It last sold on 07/11/2023 for $7,600,000, according to the city's recorded sales.
What is 245 Franklin Avenue worth?
The city's 2027 market value for 245 Franklin Avenue is $2,195,250. That is the city's assessment estimate, not an appraisal or an asking price.
Who owns 245 Franklin Avenue?
Create a free Hercules account to see the owner of record for 245 Franklin Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

Nearby properties

Record dates

City market value and tax year

Market value is the city's estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

Latest recorded sale date: 07/11/2023

Refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed them.

Product facts · Market value, assessed value and sale price explained

Research guides

Free$9.99 value · 9 sections · from official city records

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  • Owner & contacts · 31 contactsOwner of record, deed owners, LLC officers, mailing address and managing agent.
  • Mortgages & lenders · 12 mortgagesEvery recorded mortgage, lender, loan amount and maturity date.
  • Sales history · 1 saleEvery priced sale on the lot, with buyers, sellers and dates.
  • Comparable salesRecent nearby sales to sanity-check value.
  • Tax & assessments · 5 yearsAnnual tax bill, tax class, assessed and market value by year.
  • Zoning & air rightsZoning districts, FAR and the buildable square feet left on the lot.
  • Permits · 83 permitsBuilding permit filings, job types, status, cost and applicants.
  • Violations · 43 violationsOpen and closed housing and building violations with balances due.
  • Pre-foreclosure & distressForeclosure filings, tax-lien list status and other distress signals.