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NYC Building Records · BBL 3019890042

438 FRANKLIN AVENUE

Brooklyn · Block 1989 · Lot 42 · Walk-up, 3+ families (Class C0)

438 FRANKLIN AVENUE is a Class C0 (walk-up, 3+ families) building in Brooklyn (BBL 3019890042) built in 2009, with 3 residential units across 3 floors.

The building is in NYC community district 303, council district 36, zoning district R6A, on a 2,000-square-foot lot with a building footprint of 3,231 square feet.

The current registered owner of record per NYC PLUTO is 438 FRANKLIN AVE LLC.

The most recent ACRIS deed transfer for this BBL was recorded on July 17, 2025 when SHAH, SHIKHAR; KRISHNAIYER, DHRUBO conveyed the property to 438 FRANKLIN AVE LLC for $1.96M. The transaction was financed with a $1.37M mortgage from Mortgage Electronic Registration Systems, Inc..

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

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

438 FRANKLIN AVE LLC

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Managing AgentSHIKHAR SHAH
  • Joint OwnerDHRUBO KRISHNAIYER

Most recent deed

Last transferred on Jul 17, 2025 for $2.0M to 438 FRANKLIN AVE LLC.
Previous owner: SHAH, SHIKHAR; KRISHNAIYER, DHRUBO
Mortgage: $1.4M recorded Jul 17, 2025 with Mortgage Electronic Registration Systems, Inc.. Loan-to-value: 70%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Jul 17, 2025DEED$2.0MParties redacted — full names in MetroDeeds Scout+
Jul 17, 2025MTGE$268KParties redacted — full names in MetroDeeds Scout+
Jul 17, 2025AGMT$1.4MParties redacted — full names in MetroDeeds Scout+
Aug 17, 2016MTGE$855KParties redacted — full names in MetroDeeds Scout+
Aug 17, 2016AGMT$1.4MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
3
Year built
2009
Class
C0
Borough
Brooklyn
Zoning:
R6A
Lot size:
2,000 sqft
Building area:
3,231 sqft
Floors:
3
Assessed value:
$110K
Community district:
303
Council district:
36

HPD violations

0 open
Most severe class on record: Class A
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected May 8, 2026
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 20, 2025
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Jun 13, 2025
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 29, 2024
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Apr 17, 2024
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Jul 17, 2025).

Frequently asked questions about 438 FRANKLIN AVENUE

Who owns 438 FRANKLIN AVENUE?

The current registered owner of record for 438 FRANKLIN AVENUE per NYC PLUTO is 438 FRANKLIN AVE LLC. The most recent ACRIS deed transfer for this BBL was recorded on July 17, 2025 when the property was conveyed to 438 FRANKLIN AVE 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 438 FRANKLIN AVENUE last sold?

The most recent ACRIS deed transfer for 438 FRANKLIN AVENUE was recorded on July 17, 2025, when SHAH, SHIKHAR; KRISHNAIYER, DHRUBO conveyed the property to 438 FRANKLIN AVE LLC for $1.96M. The transaction was financed with a $1.37M mortgage from Mortgage Electronic Registration Systems, Inc..

How many HPD violations does 438 FRANKLIN AVENUE have?

No open HPD housing-maintenance code violations are on record for 438 FRANKLIN AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 438 FRANKLIN AVENUE?

NYC Department of Finance assesses 438 FRANKLIN AVENUE at $110K 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 438 FRANKLIN AVENUE and what does that mean?

438 FRANKLIN AVENUE is NYC building class C0 — Walk-up, 3+ families. A 3-to-6-story walk-up apartment building (no elevator), 3 or more residential units. 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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