NOT LISTED FOR SALE

7 Franklin Ave Brooklyn, NY 11249

South Williamsburg Neighborhood

Estimated Value: $4,464,445

Studio
-- Bath
6,250 Sq Ft
$714/Sq Ft Est. Value

About This Home

This home is located at 7 Franklin Ave, Brooklyn, NY 11249 and is currently estimated at $4,464,445, approximately $714 per square foot. 7 Franklin Ave is a home located in Kings County with nearby schools including Ps 380 John Wayne Elementary School, Beth Chana School, and Talmud Torah Tzemach Tzadik Viznitz.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Seven Franklin Llc
Bought by
Franklin Square Building Llc
Current Estimated Value
$4,464,445

Purchase Details

Closed on
Mar 30, 2016
Sold by
Franklin Gardens Vv Llc
Bought by
Seven Franklin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2014
Sold by
7 Franklin Avenue Llc
Bought by
Franklin Gardens Vv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2009
Sold by
Bais Loshontz Llc
Bought by
7 Franklin Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2007
Sold by
413 Flushing Realty Llc
Bought by
Bais Loshontz Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2007
Sold by
250 East 30Th Street Realty Corp
Bought by
413 Flushing Realty Llc

Purchase Details

Closed on
Sep 28, 2001
Sold by
Thermoil Corp
Bought by
250 East 30Th Street Rea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,720
Interest Rate
6.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franklin Square Building Llc -- --
Franklin Square Building Llc -- --
Seven Franklin Llc $2,884,700 --
Seven Franklin Llc $2,884,700 --
Franklin Gardens Vv Llc $1,300,000 --
Franklin Gardens Vv Llc $1,300,000 --
7 Franklin Avenue Llc -- --
7 Franklin Avenue Llc -- --
Bais Loshontz Llc $1,200,000 --
Bais Loshontz Llc $1,200,000 --
413 Flushing Realty Llc -- --
413 Flushing Realty Llc -- --
250 East 30Th Street Rea -- --
250 East 30Th Street Rea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seven Franklin Llc $800,000
Previous Owner Franklin Gardens Vv Llc $60,000
Previous Owner 7 Franklin Avenue Llc $220,000
Previous Owner Bais Loshontz Llc $1,100,000
Previous Owner 250 East 30Th Street Rea $705,720
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,051 $326,700 $28,800 $297,900
2024 $3,051 $302,850 $28,800 $274,050
2023 $2,784 $283,050 $28,800 $254,250
2022 $28,506 $265,050 $28,800 $236,250
2021 $2,271 $273,600 $28,800 $244,800
2020 $1,016 $357,300 $28,800 $328,500
2019 $1,703 $314,100 $16,200 $297,900
2018 $1,703 $306,000 $16,200 $289,800
2017 $1,703 $276,300 $16,200 $260,100
2016 $1,713 $245,700 $16,200 $229,500
2015 $1,371 $220,050 $16,200 $203,850
2014 $1,371 $196,650 $16,200 $180,450
Source: Public Records

Map

New York Kings County Brooklyn 11205 South Williamsburg

7 Franklin Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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