NY Property Records
12 Franklin Street
12 Franklin Street
Brooklyn · Kings County · 11222
04 · Mixed Res & CommercialSold $23,000,000 · Oct 2023 ↗
Owner of record
OwnerFranklin Point Holding LLC
Assessment · 2025 roll
Land assessed$499,500
Total assessed$2,075,850
Est. annual tax$208,670 (2027, excl. special districts)
Building
StyleStores, Apartments Above
Year built1931
Lot
Size0.66 acres (GIS)
Frontage × depth116 × 101 ft
Lot sq ft27,775
Zoning
DistrictM1-2
FAR1.09 built · 2.0 max commercial · 4.8 max facility
Zoning map12c
Recorded documents · 77
ASSIGNMENT, MORTGAGE
Mar 24, 2026
assignor/old lender 12 Franklin LLC
assignee/new lender Northeast Bank
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ASSIGNMENT, MORTGAGE
Mar 17, 2026
assignor/old lender Creif Ii Lender Wa LLC
assignee/new lender 12 Franklin LLC
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ASSIGNMENT, MORTGAGE
Dec 22, 2025
assignor/old lender 12 Franklin LLC
assignee/new lender Creif Ii Lender Wa LLC
View on ACRIS ↗Show all 77
ASSIGNMENT OF LEASES AND RENTS
$23,500,000
Nov 6, 2025
assignor Franklin Point Holding LLC
assignee 12 Franklin LLC
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ASSIGNMENT, MORTGAGE
Nov 6, 2025
assignor/old lender Db 360 Asset Holdings LLC
assignee/new lender 12 Franklin LLC
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ASSIGNMENT, MORTGAGE
Nov 6, 2025
assignor/old lender Db 360 Asset Holdings LLC
assignee/new lender 12 Franklin LLC
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ASSIGNMENT, MORTGAGE
Nov 6, 2025
assignor/old lender Db 360 Asset Holdings LLC
assignee/new lender 12 Franklin LLC
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DEED
Nov 6, 2025
grantor/seller 111 Franklyn LLC; Franklin Point Holding LLC
grantee/buyer Franklin Point Holding LLC
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MORTGAGE
$3,200,000
Nov 6, 2025
mortgagor/borrower Franklin Point Holding LLC
mortgagee/lender 12 Franklin LLC
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AGREEMENT
$23,500,000
Nov 6, 2025
party 1 Franklin Point Holding LLC
party 2 12 Franklin LLC
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TERMINATION OF ASSIGN OF L&R
Nov 6, 2025
party one Db 360 LLC
party two 111 Franklyn LLC; Franklin Point Holding LLC
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ASSIGNMENT, MORTGAGE
Dec 13, 2023
assignor/old lender Db 360 LLC
assignee/new lender Db 360 Asset Holdings LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 13, 2023
assignor/old lender Db 360 LLC
assignee/new lender Db 360 Asset Holdings LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 13, 2023
assignor/old lender Db 360 LLC
assignee/new lender Db 360 Asset Holdings LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Nov 13, 2023
party one Centennial Bank
party two 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
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DEED
$23,000,000
Nov 13, 2023
grantor/seller 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
grantee/buyer 111 Franklyn LLC; Franklin Point Holding LLC
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ASSIGNMENT, MORTGAGE
Nov 13, 2023
assignor/old lender Centennial Bank
assignee/new lender Db 360 LLC
View on ACRIS ↗
AGREEMENT
$13,902,854
Nov 13, 2023
party 1 111 Franklyn LLC; Franklin Point Holding LLC
party 2 Db 360 LLC
View on ACRIS ↗
MORTGAGE
$4,500,000
Nov 13, 2023
mortgagor/borrower 111 Franklyn LLC; Franklin Point Holding LLC
mortgagee/lender Db 360 LLC
View on ACRIS ↗
MORTGAGE
$1,897,146
Nov 13, 2023
mortgagor/borrower 111 Franklyn LLC; Franklin Point Holding LLC
mortgagee/lender Db 360 LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$20,300,000
Nov 13, 2023
assignor 111 Franklyn LLC; Franklin Point Holding LLC
assignee Db 360 LLC
View on ACRIS ↗
AGREEMENT
Nov 13, 2023
party 1 111 Franklyn LLC; Db 360 LLC +1
party 2 Overall Murals Inc.
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AGREEMENT
Nov 13, 2023
party 1 111 Franklyn LLC; Db 360 LLC +1
party 2 Overall Murals Inc.
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SUNDRY AGREEMENT
Nov 13, 2023
party 1 111 Franklyn LLC; Franklin Point Holding LLC
party 2 Db 360 LLC
View on ACRIS ↗
AGREEMENT
$22,500,000
Jan 16, 2020
party 1 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
party 2 Centennial Bank
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AGREEMENT
Jan 16, 2020
party 1 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
party 2 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
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ASSIGNMENT, MORTGAGE
Jan 16, 2020
assignor/old lender East West Bank
assignee/new lender Centennial Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$22,500,000
Jan 16, 2020
assignor 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
assignee Centennial Bank
View on ACRIS ↗
MORTGAGE
$5,015,000
Jan 16, 2020
mortgagor/borrower 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
mortgagee/lender Centennial Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jan 16, 2020
party one East West Bank
party two 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
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SUNDRY AGREEMENT
Dec 19, 2019
party 1 12 Franklin 230 LLC; 12 Franklin Property 197 LLC +1
party 2 12 Franklin 230 LLC; 12 Franklin Property 197 LLC +1
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SUNDRY AGREEMENT
Dec 5, 2019
party 1 12 Franklin 230 LLC; 12 Franklin Property 197 LLC +1
party 2 12 Franklin 230 LLC; 12 Franklin Property 197 LLC +1
View on ACRIS ↗
MORTGAGE
$3,985,000
Dec 15, 2017
mortgagor/borrower 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
mortgagee/lender East West Bank
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AGREEMENT
Dec 15, 2017
party 1 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
party 2 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
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ASSIGNMENT OF LEASES AND RENTS
$17,485,000
Dec 15, 2017
assignor 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
assignee East West Bank
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AGREEMENT
$17,485,000
Dec 15, 2017
party 1 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
party 2 East West Bank
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ASSIGNMENT, MORTGAGE
Dec 15, 2017
assignor/old lender Deutsche Bank Ag, New York Branch
assignee/new lender East West Bank
View on ACRIS ↗
CORRECTION DEED
Dec 15, 2017
grantor/seller 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
grantee/buyer 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
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TERMINATION OF ASSIGN OF L&R
Dec 15, 2017
party one Deutsche Bank Ag, New York Branch
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ASSIGNMENT, MORTGAGE
Jan 10, 2017
assignor/old lender Firstkey Series Seller 5a
assignee/new lender Deutsche Bank Ag, New York Branch
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ASGN OF ASGN OF L&R
Jan 10, 2017
assignor Firstkey Series Seller 5a
assignee Deutsche Bank Ag, New York Branch
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AGREEMENT
$13,500,000
Oct 18, 2016
party 1 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
party 2 Firstkey Series Seller 5a
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AGREEMENT
Sep 27, 2016
party 1 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
party 2 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
View on ACRIS ↗
DEED
$5,638,900
Sep 27, 2016
grantor/seller 12 Franklin 230 LLC; 12 Franklin Property Co LLC
grantee/buyer 12 Franklin 197 LLC; 12 Franklin 230 LLC +1
View on ACRIS ↗
DEED
$11,277,000
Jul 1, 2016
grantor/seller 12 Franklin Property Co LLC
grantee/buyer 12 Franklin 230 LLC; 12 Franklin Property Co LLC
View on ACRIS ↗
AGREEMENT
$13,500,000
Jul 1, 2016
party 1 12 Franklin 230 LLC; 12 Franklin Property Co LLC
party 2 Firstkey Series Seller 5a
View on ACRIS ↗
ASGN OF ASGN OF L&R
Jul 1, 2016
assignor Firstkey Lending, LLC
assignee Firstkey Series Seller 5a
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 1, 2016
assignor/old lender Firstkey Lending, LLC
assignee/new lender Firstkey Series Seller 5a
View on ACRIS ↗
DEED
$18,720,000
Feb 19, 2016
grantor/seller 12 Franklin Street Realty Corp.
grantee/buyer 12 Franklin Property Co LLC
View on ACRIS ↗
AGREEMENT
$13,500,000
Feb 19, 2016
party 1 12 Franklin Property Co LLC
party 2 Firstkey Lending, LLC
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MORTGAGE
$9,997,443
Feb 19, 2016
mortgagor/borrower 12 Franklin Property Co LLC
mortgagee/lender Firstkey Lending, LLC
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SUNDRY AGREEMENT
Feb 19, 2016
party 1 Eastern Metal Plumbing Supply Inc.; Firstkey Lending, LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$13,500,000
Feb 19, 2016
assignor 12 Franklin Property Co LLC
assignee Firstkey Lending, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Feb 19, 2016
party one Customers Bank
party two 12 Franklin Street Realty Corp.; 8 Meserole LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 19, 2016
assignor/old lender Customers Bank
assignee/new lender Firstkey Lending, LLC
View on ACRIS ↗
MORTGAGE
$1,712,500
Sep 27, 2013
mortgagor/borrower 12 Franklin Street Realty Corp; 8 Meserole LLC
mortgagee/lender Customers Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$3,712,500
Sep 27, 2013
assignor 12 Franklin Street Realty Corp; 8 Meserole LLC
assignee Customers Bank
View on ACRIS ↗
AGREEMENT
$3,712,500
Sep 27, 2013
party 1 12 Franklin Street Realty Corp; 8 Meserole LLC
party 2 Customers Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 27, 2013
assignor/old lender 12 Meserole Partners LLC
assignee/new lender Customers Bank
View on ACRIS ↗
AGREEMENT
$2,000,000
Mar 21, 2013
party 1 12 Franklin Street Realty Corp.; 8 Meserole LLC
party 2 12 Meserole Partners LLC
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ASSIGNMENT, MORTGAGE
Mar 21, 2013
assignor/old lender North 15 Investors LLC
assignee/new lender 12 Meserole Partners LLC
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ASSIGNMENT, MORTGAGE
Mar 2, 2011
assignor/old lender Bank Of America, N.A.,
assignee/new lender North 15 Investors LLC
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AGREEMENT
Feb 19, 2008
party 1 Poly Craft Industries Corp.
party 2 12 Franklin Street Realty Corp.; Merrill Lynch Commercial Finance Corp.
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MORTGAGE
$2,985,000
Feb 19, 2008
mortgagor/borrower 12 Franklin Street Realty Corp.
mortgagee/lender Merrill Lynch Commercial Finance Corp.
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SATISFACTION OF MORTGAGE
Feb 19, 2008
mortgager/borrower 12 Franklin Street Realty Corp.
mortgagee/lender Lederman, Roslyn
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AGREEMENT
Nov 21, 1994
party 1 12 Franklin Street Realty Corp
party 2 Lederman, Roslyn
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SATISFACTION OF MORTGAGE
Oct 8, 1991
mortgager/borrower Lederman, Murray
mortgagee/lender Warner, Grace G
View on ACRIS ↗
DEED
Sep 4, 1991
grantor/seller Lederman, Roslyn
grantee/buyer 12 Franklin St Rltycorp
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MORTGAGE
$1,075,000
Sep 4, 1991
mortgagor/borrower 12 Franklin St Rltycorp; Crown Poly Corp +1
mortgagee/lender Lederman, Roslyn
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DEED
Oct 4, 1985
grantor/seller Lederman, Murray/Exec Of
grantee/buyer Lederman, Roslyn
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DEED
Oct 4, 1985
grantor/seller 12 Franklin St Corp
grantee/buyer Lederman, Murray/Estof
View on ACRIS ↗DOB violations — total 13 · open 0 · dismissed 12
Gas Piping - LL152
Disputed Successfully
Jan 8, 2026
BIS ↗Gas Piping - LL152
Dismissed
Jan 8, 2026
BIS ↗Benchmarking - LL84
Dismissed
Sep 26, 2025
BIS ↗Show all 13
AEUHAZ
Dismissed
Nov 22, 2023
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗Energy Grade - LL33
Dismissed
Apr 29, 2021
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗Benchmarking - LL84
Dismissed
Nov 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Benchmarking - LL84
Dismissed
Aug 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Benchmarking - LL84
Dismissed
May 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗AEUHAZ
Dismissed
Nov 18, 2015
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Aug 12, 2015
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Jan 14, 2015
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Jan 14, 2015
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Jan 14, 2015
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗DOB complaints — total 43 · open 0 · closed 43
Construction – contrary to/beyond approved plans
Closed
Aug 25, 2025
Complaint 3A26938
View on BIS ↗Show all 43
No HPD violations on file.
Deed & identifiers
SBL3026140003
SWIS610100
Parcel ID6101003026140003
Who owns 12 Franklin Street?
12 Franklin Street, Brooklyn is owned by Franklin Point Holding LLC per the 2025 NYS assessment roll. It last sold for $23,000,000 in Oct 2023.
Nearby on Franklin Street
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction
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