40 FRANKLIN ST
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Location
40 FRANKLIN ST
City, State, Zip
,
Mblu
F12/ 168/ 2/ /
Acct#
4928
Owner
LIGHTHOUSE APARTMENTS 40 LLC
Total Market Value
$815,200
Appraisal
$1,164,700
PID
4928
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$1,037,600$127,100$1,164,700
Assessment
Valuation YearImprovementsLandTotal
2024$726,200$89,000$815,200

Owner of Record
OwnerLIGHTHOUSE APARTMENTS 40 LLC
Co-Owner
AddressP.O. BOX 150303 VAN BRUNT STATION
BROOKLYN, NY 11215
Sale Price$1,250,000
Certificate
Book & Page 2543/8
Sale Date09/14/2023
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LIGHTHOUSE APARTMENTS 40 LLC$1,250,000 2543/80009/14/2023
GREGORY PROPERTY MANAGEMENT LLC$0 1833/01670405/28/2009
GREGORY RICHARD AVNER$0 0482/0273 01/01/1700

Building Information
Building 1 : Section 1
Year Built: 1870
Living Area: 6,097
Replacement Cost: $1,313,021
Building Percent Good: 78
Replacement Cost
Less Depreciation:
$1,024,200
Building Attributes
FieldDescription
Style:Apt 5+ Res Typ
ModelMulti-Family
Grade:A-
Stories:2.75
Occupancy12
Exterior Wall 1Asbest Shingle
Exterior Wall 2 
Roof Structure:Mansard
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Plastered
Interior Wall 2Drywall/Sheet
Interior Flr 1Carpet
Interior Flr 2 
Heat FuelGas
Heat Type:Hot Water
AC Type:None
Total Bedrooms:9+ Bedrooms
Total Bthrms:12
Total Half Baths:0
Total Xtra Fixtrs: 
Total Rooms:22 Rooms
Bath Style:Average
Kitchen Style:Average
Conv Type 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,353 2,353
FUSUpper Story, Finished 2,024 2,024
TQSThree Quarter Story 2,024 1,720
FOPPorch, Open, Finished 154 0
UBMBasement, Unfinished 2,024 0
   8,579 6,097

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code1111
DescriptionAPT 8 UNIT MDL-03  
ZoneR-3
Neighborhood405
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.65
Frontage0
Depth0
Total Market Land$89,000
Appraised Value$127,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHD1SHED FRAME  96.00 S.F.$1,0001
SHD2W/LIGHTS ETC  160.00 S.F.$2,2001
GAZGAZEBO  120.00 S.F.$3,0001
PAV2PAVING-CONC  3200.00 S.F.$7,2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,037,600$127,100$1,164,700
2024$1,037,600$127,100$1,164,700
2023$1,037,600$127,100$1,164,700

Assessment
Valuation YearImprovementsLandTotal
2025$726,200$89,000$815,200
2024$726,200$89,000$815,200
2023$726,200$89,000$815,200

Regarding Parcel: Mblu : F12/ 168/ 2/ / Location : 40 FRANKLIN ST

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