7 Franklin Avenue, Brooklyn
Commercial · built 2004 · Block 2262, Lot 1.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $329,400
- 2026–27 tax
- $9,755
- Market value (city estimate)
- $732,000
- Taxable value
- $89,928
- Assessed land
- $28,800
- Assessed improvements
- $300,600
Tax breaks
- ICAP/ICIP exemption, through Jun 30, 2031, about $22,942 a year below the full tax.
Zoning
R7-1: floor area ratio 4.92 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.
Recent sales
- Mar 30, 2016: $2,884,700
Open-market sales since 2016, from the Department of Finance’s sales files.