55–57 Franklin Avenue
55–57 Franklin Avenue, north of Park Avenue · Bedford-Stuyvesant
BBL 3018857501 · BIN 3348856
- Type
- Condominium
- Landmark
- No
- Amenities
- Elevator access
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 55–57 Franklin Avenue 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.
55–57 Franklin Avenue combines two five-story buildings within a twenty-residence condominium. Henry Radusky filed the two new-building applications in 2001, each providing ten dwellings. DOB signed off the applications in January and February 2004. The residential tax lots share an active 25-year 421-a benefit that began in 2005.
The property stands north of Park Avenue in an area of mixed residential and industrial zoning. The condominium contains both residential and commercial interests, with separate tax treatment for those components.
Architecture and unit composition
The paired buildings provide twenty residences over five floors at each address. Apartment areas in recent transfers are around 1,075–1,100 square feet.
The residential property has elevator access.
Building operations
The 421-a benefit remains active on the 2027 roll. Its 25-year term began in 2005, placing the property in the later years of that benefit period. Carrying costs should therefore be evaluated with the remaining benefit schedule for the apartment being purchased, since an active exemption does not imply a permanent tax reduction.
The existing floor area exceeds the residential allowance shown for the M1-2/R6A district. That relationship concerns the existing development and should not be treated as evidence that further residential enlargement is available.
Recent sales
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Apr 29, 2026 | 6B | $999,999 |
| Jul 11, 2025 | 4B | $999,000 |
| May 21, 2019 | 2B | $650,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01885-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
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.
Keep up with 55–57 Franklin Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like55–57 Franklin Avenue. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
Comparable buildings
- Lofts on Lex — A similarly sized condominium for comparing larger apartment layouts in an older structure.
- 105 Lexington Avenue — A larger low-rise condominium with a mixed-use neighborhood setting.
- Shoe Factory Lofts — A smaller conversion condominium for comparing interior area and association size.
- Clinton Court — A small low-rise condominium with a more limited residential inventory.
- The Kent — A much larger condominium nearby, useful for comparing service scale and common costs.
More Bedford-Stuyvesant buildings
- 42–44 Skillman Street — 2004 condominium
- 43 Skillman Street — 2013 condominium
- 524 Halsey Street — 1904 condominium
- 600-610 DeKalb Avenue, 600 and 610 DeKalb Avenue — 2024 condominium
- 609 Myrtle Avenue — 2005 condominium
- 707 Willoughby Avenue — 2019 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 55–57 Franklin Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.