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NYC Building Records · BBL 3019270006

245 FRANKLIN AVENUE

Brooklyn · Block 1927 · Lot 6 · Elevator, pre-1929 (Class D6)

245 FRANKLIN AVENUE is a Class D6 (elevator, pre-1929) building in Brooklyn (BBL 3019270006) built in 2020, with 17 residential units across 6 floors.

The building is in NYC community district 303, council district 33, zoning district R7A, on a 3,360-square-foot lot with a building footprint of 13,791 square feet.

The current registered owner of record per NYC PLUTO is 245 FRANKLIN LLC.

The most recent ACRIS deed transfer for this BBL was recorded on July 11, 2023 when THE FRANKLIN MINT, LLC conveyed the property to 245 FRANKLIN LLC for $7.60M. The transaction was financed with a $5.20M mortgage from Bayport Funding Llc.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

245 FRANKLIN LLC

Most recent deed

Last transferred on Jul 11, 2023 for $7.6M to 245 FRANKLIN LLC.
Previous owner: THE FRANKLIN MINT, LLC
Mortgage: $5.2M recorded Jul 11, 2023 with Bayport Funding Llc. Loan-to-value: 68%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Dec 27, 2024AGMT$5.2MParties redacted — full names in MetroDeeds Scout+
Jul 11, 2023DEED$7.6MParties redacted — full names in MetroDeeds Scout+
Jul 11, 2023MTGE$476KParties redacted — full names in MetroDeeds Scout+
Jul 11, 2023AGMT$5.2MParties redacted — full names in MetroDeeds Scout+
Jul 11, 2023MTGE$1.1MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
17
Year built
2020
Class
D6
Borough
Brooklyn
Zoning:
R7A
Lot size:
3,360 sqft
Building area:
13,791 sqft
Floors:
6
Assessed value:
$988K
Community district:
303
Council district:
33

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Dec 27, 2024).

Frequently asked questions about 245 FRANKLIN AVENUE

Who owns 245 FRANKLIN AVENUE?

The current registered owner of record for 245 FRANKLIN AVENUE per NYC PLUTO is 245 FRANKLIN LLC. The most recent ACRIS deed transfer for this BBL was recorded on July 11, 2023 when the property was conveyed to 245 FRANKLIN LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 245 FRANKLIN AVENUE last sold?

The most recent ACRIS deed transfer for 245 FRANKLIN AVENUE was recorded on July 11, 2023, when THE FRANKLIN MINT, LLC conveyed the property to 245 FRANKLIN LLC for $7.60M. The transaction was financed with a $5.20M mortgage from Bayport Funding Llc.

How many HPD violations does 245 FRANKLIN AVENUE have?

No open HPD housing-maintenance code violations are on record for 245 FRANKLIN AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 245 FRANKLIN AVENUE?

NYC Department of Finance assesses 245 FRANKLIN AVENUE at $988K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 245 FRANKLIN AVENUE and what does that mean?

245 FRANKLIN AVENUE is NYC building class D6 — Elevator, pre-1929. A pre-1929 elevator apartment building. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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