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317 Franklin Avenue

336Records
15City systems
1Open violations
6Penalty rate
Brooklyn · ZIP 11238 · Neighborhood: Bedford-Stuyvesant (West)
Open in the map

336 recorded events, 1970–2026, from 15 city data systems. The city's paper trail here is mostly 90 rodent inspections, 74 311 service requests, 41 ACRIS deeds & mortgages.

BoroughBrooklyn 11238
Built2022
Floors5
Res. units10
ClassD3
Owner (PLUTO)317 FRANKLIN LLC
BBL3019500003
BIN3321883, 3321884, 3429800

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 70% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 6. In ZIP 11238, 51% of residential buildings hold an A and 10% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations1 total — 0 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2026-08-29.

status snapshot refreshed weekly from HPD records

Patterns

2 heat or hot-water complaints in the last three years (winter 2025–26: 2).

No bedbug-infested units reported in the last three years of filings.

What 311 hears from this address

16 service requests in the last three years. Most common: Illegal Parking (4) · Noise (3) · UNSANITARY CONDITION (2) · FLOORING/STAIRS (2) · Residential Disposal Complaint (1) · For Hire Vehicle Complaint (1).

Filed construction activity

$21,000 in permitted construction work filed since 2016 (12 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

NoBuilt before 1974 (2022)
YesSix or more residential units (10)
Yes421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)317 FRANKLIN LLC
Head officerSHLOMO KARPEN
Managing agentWATERFRONT PROPERTY MANAGEMENT LLC
Last registered2025-08-21

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,883,000 $847,350
2026$2,007,000 $903,150
2027$2,272,000 $1,022,400

The city's market estimate has risen 21% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 35YR WITH AFF HOUSING PCT

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

No street-flooding or sewer-backup complaints on record at this address.

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayBedford-Nostrand Avs — G · 600 ft straight-line (about a 3-minute walk) · station accessibility: none
BusNearest boarding stop: Lafayette Av / Franklin Av — B38 · 150 ft
Citi BikeLafayette Ave & Franklin Ave · 200 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 270 Johann DeKalb. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

317 Franklin Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

16 311 service requests from this address in the last three years — 1 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by WATERFRONT PROPERTY MANAGEMENT LLC — 18 buildings, 122 units. Grades across the portfolio: A6 · B5 · C1 · D5. See the whole portfolio

BuildingBoroughUnitsGrade
1085 Willoughby Avenue BK20 B
238 Pulaski Street BK12 B
387 Franklin Avenue BK11 A
1189 Broadway BK11 A
317 Franklin Avenue BK10 A
53 Stanhope Street BK8 B
159 Suydam Street BK8 B
834 Quincy Street BK7 B
568 Willoughby Avenue BK6 A
699 DeKalb Avenue BK6 A
91 Gerry Street BK6 A
618 Lafayette Avenue BK4 D
35A Driggs Avenue BK3 D
325 Franklin Avenue BK3 D
1098 Bushwick Avenue BK3 D
106 Kingston Avenue BK2 D
18 Bleecker Street BK2 C
131 Boerum Street BK0 —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $71,258 on 2024-01-05 (lender: Keb Hana Bank USA, N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2024-01-05AL&R $3,800,000 — from 317 FRANKLIN LLC to KEB HANA BANK USA, N.A. $3,800,000
2024-01-05Agreement $3,800,000 — from 317 FRANKLIN LLC to KEB HANA BANK USA, N.A. $3,800,000
2024-01-05Mortgage $71,258 — from 317 FRANKLIN LLC to KEB HANA BANK USA, N.A. $71,258
2022-08-30CERR $750,000 — from INVESTORS BANK, A DIVISION OF CITIZENS B to 317 FRANKLIN LLC $750,000
2022-08-30AL&R $3,000,000 — from 317 FRANKLIN LLC to INVESTORS BANK, A DIVISION OF CITIZENS B $3,000,000
2022-08-30Mortgage $3,000,000 — from 317 FRANKLIN LLC to INVESTORS BANK, A DIVISION OF CITIZENS B $3,000,000
2022-08-30Agreement $750,000 — from 317 FRANKLIN LLC to INVESTORS BANK, A DIVISION OF CITIZENS B $750,000
2022-08-30AL&R $750,000 — from 317 FRANKLIN LLC to INVESTORS BANK, A DIVISION OF CITIZENS B $750,000
2013-05-23AL&R $1,250,000 — from 317 FRANKLIN LLC to INVESTORS BANK $1,250,000
2013-05-23Mortgage $1,250,000 — from 317 FRANKLIN LLC to INVESTORS BANK $1,250,000
2012-03-05Deed $376,000 — from SUMAIRA HOLDINGS LLC to 317 FRANKLIN LLC $376,000
2006-04-04Deed $225,000 — from MCEACHERN, BARBARA; MCEACHERN, DANIEL to HERCZL, JUDY $225,000
2005-05-16Mortgage $1,075,000 — from SUMAIRA HOLDINGS LLC to CARVER FEDERAL SAVINGS BANK $1,075,000
2004-03-31Mortgage $500,000 — from FAROOQ, JUNAID to MERS $500,000
2004-03-18Deed $380,000 — from HERCZI, JUDY to DORENIA PROPERTIES LLC $380,000

Ten-year activity

50250
2017
2018
2019
2020
2021
45
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700201113
2018005027
2019002046
20200760215
202114522124
2022181176345
20235251215
20240047213
20250080210
202600130215
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The full timeline

Construction 42Enforcement 39Housing & tenants 123Ownership & money 41Health & systems 91

Every one of the 336 recorded events, 1970–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11238 · Landlord rankings · How grades work · The map · The Mice Map