# 970 Franklin Avenue, Brooklyn

Industrial · built c. 1920 · Block 1192, Lot 66.

On Umarelli: https://umarelli.org/nyc/3011920066/970-franklin-avenue

More construction in Crown Heights: https://umarelli.org/nyc/brooklyn/crown-heights.md

## Building permits

- New Building — Large Residential, filed Jan 5, 2022, estimated cost $20.0M, 168 units, 6 stories, early work permitted while the building plans are in review, described as “Proposed 6 story residential new building. Work on cellar, 1-6 & roof.”
- Demolition, filed Feb 19, 2026, estimated cost $10K, described as “Full demolition of a 1-story masonry structure...”
- Alteration, filed May 11, 2022, estimated cost $75K, described as “Installation of temporary construction fence as per plans filed herewith.”

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## 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](https://newyorkyimby.com/2025/09/plans-announced-for-970-franklin-avenue-in-crown-heights-brooklyn.html), New York YIMBY, Sep 18, 2025.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology