# 2 Franklin Avenue, Brooklyn

Hotel · built 1959 · Block 2261, Lot 9.

On Umarelli: https://umarelli.org/nyc/3022610009/2-franklin-avenue

More construction in Williamsburg: https://umarelli.org/nyc/brooklyn/williamsburg.md

Every lot on block 2261: https://umarelli.org/nyc/brooklyn/2261.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $4,794,750
- 2026–27 tax: $42,936
- Market value (city estimate): $10,655,000
- Taxable value: $4,543,640
- Assessed land: $263,250
- Assessed improvements: $4,531,500

## Tax breaks

- ICAP abatement, through Jun 30, 2037, a $449,958 credit this tax year.

## Zoning

R7-1: floor area ratio 4.44 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

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