# 245 Franklin Avenue, Brooklyn

Apartment building · 16 units · built 2020 · Block 1927, Lot 6.

On Umarelli: https://umarelli.org/nyc/3019270006/245-franklin-avenue

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

## Building permits

- Alteration, filed May 26, 2021, estimated cost $1K, described as “Installation of temporary barricade as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 21, 2020, estimated cost $1K, described as “Installation of temporary 66' high pipe scaffold originating (off grade)for new building construction work as per plan. No change in use egress or occupancy,pipe scaffold shall comply with CHAPTER#33 of 2014 the ny building code.”
- Alteration, filed Jun 15, 2020, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 15, 2020, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $987,863
- 2026–27 tax: $122,874
- Market value (city estimate): $2,195,250
- Taxable value: $987,809
- Assessed land: $148,050
- Assessed improvements: $839,813

## Zoning

R7A (part of the lot is R6B): floor area ratio 4.10 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 11, 2023: $7,600,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## In the news

[Construction Begins At 245 Franklin Avenue In Bed-Stuy, Brooklyn](https://newyorkyimby.com/2020/03/construction-begins-at-245-franklin-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, Mar 27, 2020.

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