850 FranklinBrooklyn, NY 11225

  • Mixed-use properties
  • 3,912 SF
Off market
$654,053 Estimated

Property Details for 850 Franklin

Year built
1925
Lot size
0.05 AC
Property size (Sq ft)
3,912 SF
Zone code
R6A
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
01187-0059
APU
11870059

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $646,770
    6.5%
    $597,019
    7%
    $554,375
  • Comparable approach

    Method
    Valuation
    Relative Method
    $511,142
    Geo Method
    $511,142
  • Alternative Use

    Use
    Valuation
    Residential
    $740,303
    Hospitality
    $678,114
    Educational
    $564,183
    Medical
    $583,586
    Retail
    $877,618
850 Franklin, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6691
Longitude
-73.9588
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $450,540
  • Assessed land value
    $90,000
  • Assessed value
    $540,540
  • Tax year
    2024
  • Tax bill
    $5,632

FAQs

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