86 Franklin Avenue, Brooklyn
Condominium · 7 units · built 2006 · Block 1898, Lot 7501.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,404,452
- 2026–27 tax
- $3,145
- Market value (city estimate)
- $3,120,999
- Taxable value
- $25,283
- Assessed land
- $67,501
- Assessed improvements
- $1,336,951
- Condo units with their own tax lots
- 7
Tax breaks
- 421-a exemption, through Jun 30, 2035, about $171,555 a year below the full tax.
Zoning
M1-4/R6A: floor area ratio 4.19 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 446-448 Park Avenue Rezoning (City Planning 2019K0406): Zoning map change, Zoning text change, Completed, filed Mar 23, 2021, decided Feb 2, 2023. A zoning map amendment from an M1-1 district to an M1-4/R6A (MX-4) district and a zoning text amendment to create a new Mandatory Inclusionary Housing Area (ZR Appendix F) to facilitate a new six-story residential building, including 11…
- Variance or special permit (Board of Standards and Appeals 96-03-BZ): Variance or special permit, Granted, filed Mar 27, 2003, decided Nov 18, 2003. Variance (§72-21) to permit the proposed erection of a five story, 10 unit multiple dwelling (Use Group 2) situated on a vacant lot within an M1 1 zoning district, which is contrary to Z.R. §42 00.