# 311 Franklin Avenue, Brooklyn

Apartment building · 16 units · built 2019 · Block 1950, Lot 5.

On Umarelli: https://umarelli.org/nyc/3019500005/311-franklin-avenue

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

## Building permits

- Alteration, filed Apr 13, 2022, estimated cost $5K, described as “Installation of pipe scaffolding and needle beam as per plans. All equipment shall comply with chapter # 33 of the 2014 code. No change in use occupancy or egress under this application.”
- Alteration, filed Jan 26, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 12, 2022, estimated cost $1K, described as “Herewith filing for hydraulically calculated sprinkler system through-out building. Filed in conjunction with new building, bis #321538804.”

## Property taxes

- Assessment: $1,636,650
- 2026–27 tax: $15,685
- Market value (city estimate): $3,637,000
- Taxable value: $126,099
- Assessed land: $86,850
- Assessed improvements: $1,549,800

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $187,897 a year below the full tax.

## Zoning

R6A: floor area ratio 6.49 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 18, 2017: $750,000

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

[Housing Lottery Launches for 311 Franklin Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2023/05/housing-lottery-launches-for-311-franklin-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, May 10, 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