689 Franklin Avenue, Brooklyn
Apartment building · 8 units · built 2022 · Block 1231, Lot 14.
Building permits
- Alteration, filed Dec 19, 2021, estimated cost $15K, described as “Installation of temporary heavy duty sidewalk shed and supported scaffolding as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300 psf and 600 psf”
- Alteration, filed Oct 30, 2020, estimated cost $203K, described as “Structural work in conjunction with NB job# 321918608”
- Alteration, filed Aug 19, 2020, estimated cost $98K, described as “Provide new fire sprinkler system throughout four story residential building in conjunction with NB job# 321918608”
- Alteration, filed Aug 19, 2020, estimated cost $1K, described as “Install temporary construction fence for NB filed DOB # 321918608”
Property taxes
- Assessment
- $722,700
- 2026–27 tax
- $21,086
- Market value (city estimate)
- $1,606,000
- Taxable value
- $169,514
- Assessed land
- $107,100
- Assessed improvements
- $615,600
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $64,698 a year below the full tax.
Zoning
R7A: floor area ratio 3.44 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 17, 2017: $951,100
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 689 Franklin Avenue in Crown Heights, Brooklyn, New York YIMBY, Jan 6, 2024.