# 317 Franklin Avenue, Brooklyn

Apartment building · 10 units · built 2022 · Block 1950, Lot 3.

On Umarelli: https://umarelli.org/nyc/3019500003/317-franklin-avenue

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

## Building permits

- New Building — Multi-Family, filed Oct 5, 2021, 10 units, 5 stories, described as “Proposed five (5) story + cellar residential building.”
- Alteration, filed Oct 3, 2022, estimated cost $10K, described as “Installation of 300 psf sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Sep 9, 2021, estimated cost $1K, described as “Installation of a temporary construction fence.”

## Property taxes

- Assessment: $1,022,400
- 2026–27 tax: $6,329
- Market value (city estimate): $2,272,000
- Taxable value: $50,877
- Assessed land: $58,950
- Assessed improvements: $963,450

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $120,848 a year below the full tax.

## Zoning

R6A: floor area ratio 3.23 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.

## In the news

[Housing Lottery Launches for 317 Franklin Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2023/06/housing-lottery-launches-for-317-franklin-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, Jun 28, 2023.

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