972 Franklin Avenue, Brooklyn
Industrial · built c. 1920 · Block 1192, Lot 66.
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Building permits
Permit records are unavailable right now; the map lists them once the city responds.
Property taxes
- Assessment
- $1,353,150
- 2026–27 tax
- $90,866
- Market value (city estimate)
- $3,007,000
- Taxable value
- $837,630
- Assessed land
- $1,314,000
- Assessed improvements
- $39,150
Zoning
R7D: floor area ratio 0.01 built, 4.66 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 16, 2025: $45,000,000, 845 sq ft, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 962-972 Franklin Avenue Rezoning (City Planning 2022K0423): Zoning map change, Special permit, Zoning text change, Completed, filed May 30, 2023, decided Jan 17, 2025. A zoning map amendment from R6A to R8A and R8A/C2-4 and a zoning text amendment (Appendix F) to map a Mandatory Inclusionary Housing Area, and Special Permit ZR 74-533: Reduction of required accessory off-street parking spaces, to…
- 960 Franklin Avenue Rezoning (City Planning P2018K0080): Completed, filed Nov 4, 2019, decided Oct 19, 2021. A Zoning Map Amendment from an R6A district to R9D/C2-4, Zoning Text Amendment to establish an MIH area, a Special Permit pursuant to ZR Section 74-74, and a Special Permit to waive parking pursuant to ZR 74-533 to facilitate two new…
In the news
Plans Announced for 970 Franklin Avenue In Crown Heights, Brooklyn, New York YIMBY, Sep 18, 2025.