12 Franklin Avenue, Brooklyn
Parochial school · built c. 1930 · Block 2261, Lot 17.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $2,568,600
- Market value (city estimate)
- $5,708,000
- Taxable value
- $0
- Assessed land
- $332,100
- Assessed improvements
- $2,236,500
Tax breaks
- Nonprofit exemption (religious school), with no end date, about $278,642 a year below the full tax.
Zoning
R7-1: floor area ratio 4.11 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.
Board and land use applications
- Change to an earlier grant (Board of Standards and Appeals 304-90-BZ): Change to an earlier grant, Granted, filed Jun 6, 2000, decided Jul 25, 2000. Request for a waiver of the Rules of Practice and Procedure and reopening for an extension of time to complete construction.
- 74 WALLABOUT STREET REZONING (City Planning P2012K0153): Completed, decided Sep 18, 2012. An application to rezone an M1-2 zoning district to R7-1/C1-5 to develop a seven-story mixed use building in the Wallabout neighborhood of Brooklyn Community District 1.
- YESHIVAS AHAVAS ISRAEL (City Planning P1991K0515): Completed. 91-086K: BSA VARIENCE TO LEGALIZE EXISTING SCHOOL 3RD AND 4TH FLOORS AS CLASSROOMS