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Sold for $1,960,000
  • $1,960,000

    438 Franklin Ave, Brooklyn, NY 11238

    3beds
    2baths
    932sqft
    MultiFamily
    Built in 2009
    -- sqft lot
    $2,515,100 Zestimate®
    $2,103/sqft
    $4,795 Estimated rent

    Home value

    $2,515,100

    $2.06M - $3.12M

    $4,795/mo

    Zestimate® history
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    $4,795/mo

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    Rent Zestimate®

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    $11,687/mo

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    $11,687/mo

    Est. payment

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    What's special

    Bed Stuy/Clinton Hill 3 Fam attached brick/stucco new construction. Potential rent roll over $7,200/mo. & over $86,000/yr. All stainless steel appliances, hardwood floors, granite countertops, cherry wood cabinets, intercom system, 220 electrical, baseboard heating. Vacant. Full semi-finished basement with front entrance & back exit, ½ bath, w/d hook-up, separate gas boiler, water heater, and electrical meter for each apartment. Neighborhood Description Clinton Hill area has always been a desirable neighborhood, due to its beautiful architecture and proximity to transportation. Fort Greene is located minutes away from the Brooklyn and Manhattan bridges, making it an easy commute to Manhattan. Public transportation is provided by 14 subway lines (2, 3, 4, 5, A, B, C, D, F, G, M, N, Q, and R). This area is also famous for an abundance of educational institutions. The Pratt Institute, located in the heart of Clinton Hill, is one of the nation's leading design colleges. A multitude of ethnic restaurants and cafes is lighting up the nightlife. Traditional commercial zones, such as Lafayette, Fulton, Myrtle, and DeKalb Avenues, are being converted into mixed-use corridors, providing space for small businesses as well as entertainment. Between the influx of business, the growing art community, and the expansion and restoration of living space, the quality of life and the neighborhood's economy are sure to grow for years to come.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Gas
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 932 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 019890042

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2009

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    7/29/2025Sold$1,960,000-2%$2,103/sqft
    Source: Public Record Report a problem
    7/27/2025Contingent$2,000,000$2,146/sqft
    Source: StreetEasy #S1761253 Report a problem
    3/24/2025Listed for sale$2,000,000+1.3%$2,146/sqft
    Source: StreetEasy #S1761253 Report a problem
    9/12/2016Sold$1,975,000+1.3%$2,119/sqft
    Source: Public Record Report a problem
    8/19/2016Listed for sale$1,950,000$2,092/sqft
    Source: Coldwell Banker Reliable #481373 Report a problem
    6/1/2016Pending sale$1,950,000$2,092/sqft
    Source: Coldwell Banker Reliable #481373 Report a problem
    4/22/2016Price change$1,950,000-2.5%$2,092/sqft
    Source: Coldwell Banker Reliable #481373 Report a problem
    2/9/2016Listed for sale$2,000,000+170.3%$2,146/sqft
    Source: Coldwell Banker Reliable #398913 Report a problem
    2/25/2011Sold$740,000$794/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,132 +0.3%$139,560 +26.6%
    2024$13,097 $110,220 -14.8%
    2023-- $129,300 +17.1%
    2022-- $110,460 -8.8%
    2021-- $121,140 -17.5%
    2020$11,674 +1.5%$146,880 -0.8%
    2019$11,502 +20.7%$148,020 +203.8%
    2016$9,526 $48,717 +6%
    2015$9,526 +60.2%$45,960 +1.5%
    2014$5,948 $45,283 +6%
    2013-- $42,720 -1.9%
    2012-- $43,560 -11.7%
    2011-- $49,326 +53.7%
    2010-- $32,100 +828.8%
    2005-- $3,456 +0.8%
    2004-- $3,428 +6%
    2003-- $3,235 +6%
    2002-- $3,052 +6%
    2001-- $2,880
    2000-- $2,880

    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating