New York  »  Brooklyn  »  11238  »  Crown Heights

573 Franklin Avenue, Brooklyn, NY 11216

Crown Heights, Central Brooklyn, Brooklyn
Building in Crown Heights
4 Stories
3 Units
Built in 1910
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Welcome to 573 Franklin Avenue, a building located in Crown Heights, Central Brooklyn, Brooklyn in Brooklyn, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1910. There are a total of 4 floors. From what we gather, there are a total 3 residential units. Finally, 573 Franklin Avenue was most recently sold on Aug 12, 2019 for $2,035,000. The market value for the land that the building sits on has been listed at $215,000. In addition, improvements upon the building have an added value of $927,000. In total, the total market value of the property as a whole is $1,142,000. According to local assessors, the total value of the building is currently valued at $447,750. Specifically, the value of the land that the property sits on has been assessed at $96,750. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Common Outdoor Space
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1910
Effective Year Built
1910
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Quadplex
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
4
Total Unit Count
5
Living Units
4
Residential Unit Count
3
Business/Commerical Units Count
6
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
3,720
Commercial Building Floor Area
1,240
Retail Building Floor Area
1,240
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Residential
Lot Type
5
Land Acres
0.037
Land Use
04
Standard Land Use Code
Quadruplex (4 units, any combination)
County Land Use Code
unknown
Irregular Lot Code
Y
Extension Code
N
Sanborn Map Number
305 048
Ownership
Current Owner's Name
573 FRANKLIN MANAGEMENT LLC
Neighborhood
Census Block
1000
Community District
308
City Council District
35
Police Precinct
77
Fire Company
E219
Health Area
2900
Sanitation District Borough
3
Sanitation Subsection
1A
School District
17
School District Name
New York City Department Of Education
School Tax School District
BROOKLYN
Census Tract
022100
Census Block Code
1000
Census Group
1
Census Year
2019
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36047
Census - Full FIPS
360470221001000
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0221
Census Tract Code
022100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
M1-1
Zoning Map Number
17a
Geography
Account Number
3-01199-0007
District
08
Section
501
Parcel
01199-0007
Borough Name
BK
Borough Code
3
Block
1199
Lot
7
Lot Code
unknown
Borough Block Lot
3011990007
Municipality
CROWN HEIGHTS
Latitude
40.6788
Longitude
-73.9549
FIPS
36047
Mailing Carrier Code
C008
Mailing Full Street Address
573 FRANKLIN AVE
Mailing House Number
573
Mailing Street Mode
AVE
Mailing Street
FRANKLIN
Mailing 4-Digit Zip Code
6880
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
996747
Y Coordinates
186593
Valuation
Timestamp
2024-01-25 22:52:25
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 4,970 square feet. To break it down, the depth of the building was measured at 62 square feet and the front is listed as 20 square feet. In comparison, the lot area is listed as 1,622 square feet. The depth of the property lot was measured at 81 square feet and the front at 20 square feet. The building itself has 4,960 square footage of total floor area. Out of that, 3,720 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 573 Franklin Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Crown Heights area have a median price of $3,200. Those in the 25th percentile, have a price around $2,784. While those in the 75th percentile, have a price around $3,753. Typically, the buildings in this area have a median sqft of 1,000. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $4. As a breakdown, we've included the following stats:

  • There are currently a total of 24 studio listings. The median price for these types of listings is $2,800. That's $3.94 price per sqft.

  • There are currently a total of 41 one bedroom listings. The median price for these types of listings is $2,750. That's $3.80 price per sqft.

  • There are currently a total of 61 two bedroom listings. The median price for these types of listings is $3,675. That's $3.31 price per sqft.

  • There are currently a total of 28 three bedroom listings. The median price for these types of listings is $3,500. That's $3.30 price per sqft.

  • There are currently a total of 6 four bedroom listings. The median price for these types of listings is $4,700. That's $4.14 price per sqft.
About The Area
573 Franklin Avenue is located in Kings County, New York. There are 2,606,852 people living here. There are 938,803 households. Most of these households have an average family size of 3.46 people. According to the census, 71% are currently renting while 29% own their homes. The median age of this population is around 34.5 years old. On average, most folks in the county are unmarried. About 46% of folks speak a language other than English in this area. The area's employment rate is currently around 57.8%. Speaking of employment, the median income is $50,640. Most folks will commute by public transportation for around 42.0 minutes. Finally, we know that 26% of residents in the area have graduated with their high school degree. Additionally, 21% and 13% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$2,800
Studio Median Rent
$2,750
1BR Median Rent
$3,675
2BR Median Rent
$3,500
3BR Median Rent
PUBLIC TRANSIT
S
Franklin Av (680 ft - 3 min walk)
MTA New York City Transit
A
C
Franklin Av (0.20 mi - 5 min walk)
MTA New York City Transit
A
C
Nostrand Av (0.27 mi - 6 min walk)
MTA New York City Transit
S
Park Pl (0.31 mi - 7 min walk)
MTA New York City Transit
2
3
4
5
Franklin Av-Medgar Evers College (0.58 mi - 14 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
443 St Marks Ave, Brooklyn, NY 11238
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District #17
EBBETS FIELD MIDDLE SCHOOL  •  0.97 mi
46 Mckeever Pl, Brooklyn, NY 11225
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District #17
600 Kingston Ave, Brooklyn, NY 11203
Public  •  High School  •  Grades 8 to 12
New York City Geographic District #17
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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