41 & 49 Franklin Avenue
41 & 49 Franklin Avenue, Brooklyn, NY 11205
BBL 3018850010 · BIN 3430085
- Type
- Condominium
- Landmark
- No
- Amenities
- Not verified
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The 41 & 49 Franklin Avenue Condominium would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
41 & 49 Franklin Avenue is a 32-residence condominium on a lot of about 18,400 square feet on Franklin Avenue in Bedford-Stuyvesant. Its offering plan was submitted to the New York State Attorney General in February 2026 and has not been accepted, so no sponsor sales can close and no price list is public.
The site is zoned M1-2/R6A within the MX-4 special mixed-use district, which permits residential use alongside industrial and commercial space, and the Department of Buildings has a seven-story new building on file for it.
The plan's total offering price is the number to watch. It is the sponsor's projection of what the full unit schedule sells for, and it can change in the review process.
Architecture and residences
The Department of Buildings new-building filing (job B00698051) lists seven stories, 80 feet, 32 dwelling units and about 90,600 square feet of construction floor area. The filing carries Daniel Condatore, RA, as the architect applicant, with engineering filings by Hidamari Engineering Services and Titan Engineers. The Department of Buildings owner of record is listed as Riverside Developers, and the plan's sponsor entity is Lot 15 LLC. PLUTO shows the lot as 41 Franklin Avenue with 32 residential units, 79,253 square feet of building area and a 2025 year built; the "49" in the plan's name has no separate Department of Buildings record.
Unit mix, unit sizes, finishes and outdoor space are not yet published. They will be in the plan's schedules once it is accepted.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD260066), the plan was submitted February 20, 2026 for 32 residential units at a total offering price of $84,935,726. The record shows no acceptance date, no amendments and no units sold. No asking prices are published for individual units.
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What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The 41 & 49 Franklin Avenue Condominium and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
What to know if you’re buying
What pre-launch means. A sponsor cannot sign binding purchase contracts until the Attorney General accepts the plan for filing, and cannot close until the plan is declared effective. Any pricing circulated before acceptance is indicative and subject to the plan's final schedule.
Deposit and contract. Sponsor contracts typically require a deposit of 10 percent or more at signing, held in escrow, with the balance at closing. The plan sets this building's terms, and they can change in review.
Transfer taxes and the mansion tax. In sponsor sales the buyer customarily pays the New York State and New York City transfer taxes. The state mansion tax of 1 percent applies at $1 million and above, with higher rates at higher prices.
Closing on a temporary certificate of occupancy. Sponsors in New York commonly close on a temporary certificate of occupancy, renewed in short terms until the building receives a permanent one. Ask what the sponsor has escrowed to complete open items.
Common charges, taxes and the board. The plan's budget will project first-year common charges and real estate taxes, and the sponsor controls the board until owners take control on the plan's schedule. The plan's tax disclosure states whether an abatement applies.
Building-specific points. PLUTO carries a 2025 year built for the lot while the plan is still in review. Ask where construction stands and when the sponsor expects a temporary certificate. The lot sits in a mixed-use district, so ask what non-residential uses neighbor the building.
Comparable buildings
If you're considering 41 & 49 Franklin Avenue, also evaluate these nearby new-construction and recent condominiums:
- 55 Franklin Avenue — Franklin Avenue condominium on the same corridor
- 244 Franklin Avenue — twelve-home elevator condominium on Franklin Avenue
- 450 Grand Avenue — seven-story new-construction condominium with 39 residences, 2023
- 600 DeKalb Avenue — 11-story new-construction condominium with 70 residences, 2024
- 87 Irving Place — 25-residence new-construction condominium delivered 2024
More Bedford-Stuyvesant buildings
- 262 Skillman Street — 2006 condominium
- 311 Hart Street — condominium
- 315 Gates Avenue (315 Gates) — 2009 condominium by Karl Fischer Architects
- 42–44 Skillman Street — 2004 condominium
- 43 Skillman Street — 2013 condominium
- 524 Halsey Street — 1904 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bedford-Stuyvesant.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The 41 & 49 Franklin Avenue Condominium?
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