Seller's Agent in 2026
Joseph Ferone
Weichert Realtors TMT Group
(917) 270-8080
1 in this area
28 Total Sales
414 Franklin Ave Brooklyn, NY 11238
Bed-Stuy Neighborhood
7
Beds
3
Baths
2,370
Sq Ft
1,442
Sq Ft Lot
Highlights
- Wood Flooring
- 5-minute walk to Franklin Avenue (A,C,S Line)
- Courtyard
- Main Floor Bedroom
- Double Pane Windows
- Bathroom on Main Level
About This Home
As of January 2026This well maintained 2 family in the heart of Bed. Sty has a total of seven bedrooms and 3 full baths. The owners duplex has 4 bedrooms, 2 full baths and access to the backyard. The 2nd floor tenant has 3 beds and 1 full bathroom. The property has R2A zoning which can easily be converted to a 3 family and is set up to do so. State of the art heating allows for instant H/W on demand and the building has 3 electric meters. The building can be legally be turned into a 3 family or large 1 family with proper permits. 24 hr. notice is required to view.
Last Agent to Sell the Property
Weichert Realtors TMT Group Brokerage Phone: 917-270-8080 License #10301214831 Listed on: 04/21/2025
Last Buyer's Agent
Weichert Realtors TMT Group Brokerage Phone: 917-270-8080 License #10301214831 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,536
Year Built
- Built in 2004
Lot Details
- 1,444 Sq Ft Lot
- Lot Dimensions are 18.75 x 77.00
- Garden
- Back Yard Fenced
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- Double Pane Windows
- Wood Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
Outdoor Features
- Courtyard
Utilities
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 46 / 1987
- Assessor Parcel Number 01987-0046
Community Details
Overview
- 2 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2025
Closed on
Jan 13, 2026
Sold by
Bedford Corey
Bought by
Psa 414 Franklin Llc
Seller's Agent
Joseph Ferone
Weichert Realtors TMT Group
Buyer's Agent
Joseph Ferone
Weichert Realtors TMT Group
List Price
$1,775,000
Sold Price
$1,350,000
Premium/Discount to List
-$425,000
-23.94%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.97%
Original Mortgage
$1,012,500
Outstanding Balance
$1,012,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$612,858
Purchase Details
Closed on
Jun 26, 2009
Sold by
Grant Aion and Richards Nicole
Bought by
Bedford Corey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 12, 2004
Sold by
New Homes Express Inc
Bought by
414 Franklin Corp
Purchase Details
Closed on
Apr 30, 2004
Sold by
Njoku Chief I
Bought by
New Homes Express Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,350,000 | -- | |
| Deed | $500,000 | -- | |
| Deed | $500,000 | -- | |
| Deed | $500,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $105,000 | -- | |
| Deed | $105,000 | -- | |
| Deed | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,012,500 | Purchase Money Mortgage | |
| Previous Owner | $490,943 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | Sold | $1,350,000 | -23.9% | $570 / Sq Ft |
| 11/03/2025 11/03/25 | Pending | -- | -- | -- |
| 10/22/2025 10/22/25 | For Sale | $1,775,000 | +31.5% | $749 / Sq Ft |
| 10/22/2025 10/22/25 | Off Market | $1,350,000 | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $1,775,000 | -2.7% | $749 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $1,825,000 | -- | $770 / Sq Ft |
Source: OneKey® MLS
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 | $9,524 | $138,540 | $16,980 | $121,560 |
| 2024 | $9,524 | $132,420 | $16,980 | $115,440 |
| 2023 | $9,402 | $137,940 | $17,700 | $120,240 |
| 2022 | $8,992 | $113,340 | $17,700 | $95,640 |
| 2021 | $9,323 | $105,360 | $17,700 | $87,660 |
| 2020 | $4,363 | $106,620 | $17,700 | $88,920 |
| 2019 | $8,217 | $100,320 | $17,700 | $82,620 |
| 2018 | $7,804 | $39,744 | $6,019 | $33,725 |
| 2017 | $7,597 | $38,736 | $9,253 | $29,483 |
| 2016 | $7,305 | $38,090 | $12,280 | $25,810 |
| 2015 | $2,886 | $35,934 | $15,158 | $20,776 |
| 2014 | $2,886 | $33,900 | $17,160 | $16,740 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Ferone
Map
Source: OneKey® MLS
MLS Number: 851073
APN: 01987-0046
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Based on information submitted to the MLS GRID
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