321 Franklin Avenue, Brooklyn
Condominium · 10 units · built 2022 · Block 1950, Lot 7502.
Building permits
- New Building — Multi-Family, filed Jun 11, 2021, estimated cost $5.1M, 10 units, 6 stories, described as “Proposed new six (6) story mixed use building with cellar as per plans filed. Obtain certificate of occupancy.”
Property taxes
- Assessment
- $2,449,801
- 2026–27 tax
- $38,611
- Market value (city estimate)
- $5,444,000
- Taxable value
- $967,409
- Assessed land
- $47,251
- Assessed improvements
- $2,402,550
- Condo units with their own tax lots
- 2
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $178,664 a year below the full tax.
Zoning
R6A: floor area ratio 4.78 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
Permits Filed for 321 Franklin Avenue in Bed-Stuy, Brooklyn, New York YIMBY, Apr 24, 2024.