# 7 Franklin Avenue, Brooklyn

Commercial · built 2004 · Block 2262, Lot 1.

On Umarelli: https://umarelli.org/nyc/3022620001/7-franklin-avenue

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

Every lot on block 2262: https://umarelli.org/nyc/brooklyn/2262.md

## 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.

## Recent sales

- Mar 30, 2016: $2,884,700

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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