# 108 Franklin Avenue, Brooklyn

Condominium · 7 units · built 2012 · Block 1898, Lot 7503.

On Umarelli: https://umarelli.org/nyc/3018987503/108-franklin-avenue

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

Every lot on block 1898: https://umarelli.org/nyc/brooklyn/1898.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,525,503
- 2026–27 tax: $44,869
- Market value (city estimate): $3,390,000
- Taxable value: $360,713
- Assessed land: $97,203
- Assessed improvements: $1,428,300
- Condo units with their own tax lots: 7

## Tax breaks

- 421-a exemption, through Jun 30, 2029, about $52,189 a year below the full tax.

## Zoning

M1-1: floor area ratio 2.77 built, above the 1.00 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

- Change to an earlier grant (Board of Standards and Appeals 328-04-BZII): Change to an earlier grant, Granted, filed Dec 21, 2010, decided Mar 1, 2011. Extension of Time to Complete Construction of a previously granted Variance (§72-21) of a UG2 four-story residential building with 12 dwelling units which expired on November 21, 2010. M1-1 zoning district.
- Variance or special permit (Board of Standards and Appeals 328-04-BZ): Variance or special permit, Granted, filed Oct 5, 2004, decided Nov 21, 2006. Variance (§72-21) to permit the proposed construction of a six story residential building, with twelve dwelling units, Use Group 2, located in an M1-1 zoning district, does not comply with zoning requirements for use, bulk and parking…

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