12 FRANKLIN STREET
BBL 3026140003 · Class K4 · Built 1931 · 2 floors · 4 units · FRANKLIN POINT HOLDING LLC
12 FRANKLIN STREET is a property in New York City zoned M1-2. The M1-2 classification is Manufacturing M1-2. The structure was built in 1931. It has 2 floors. The building contains 30,260 square feet. Assessed value is $1,964,250. Last sold for $23,000,000 in November 2023. Located in Council District 33.
You can build 133K sf as-of-right. The lot uses 23% of it today.
Governing use: community facility at FAR 4.80 on a 27,775 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
9 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Nov 6, 2025 | DEED | — | 111 FRANKLYN LLC→FRANKLIN POINT HOLDING LLC |
| Nov 13, 2023 | DEED | $23,000,000 | 12 FRANKLIN 197 LLC→111 FRANKLYN LLC |
| Sep 27, 2016 | DEED | $5,638,900 | 12 FRANKLIN PROPERTY CO LLC→12 FRANKLIN 197 LLC |
| Jul 1, 2016 | DEED | $11,277,000 | 12 FRANKLIN PROPERTY CO LLC→12 FRANKLIN 230 LLC |
| Feb 19, 2016 | DEED | $18,720,000 | 12 FRANKLIN STREET REALTY CORP.→12 FRANKLIN PROPERTY CO LLC |
| Sep 4, 1991 | DEED | — | LEDERMAN, ROSLYN→12 FRANKLIN ST RLTYCORP |
| Oct 4, 1985 | DEED | — | LEDERMAN, MURRAY/EXEC OF→LEDERMAN, ROSLYN |
| Oct 4, 1985 | DEED | — | 12 FRANKLIN ST CORP→LEDERMAN, MURRAY/ESTOF |
| Jan 5, 1966 | DEED | — | LEDERMAN MURRAY→12 FRANKLIN STREET CORP |