NYC property data › The Bronx › Morrisania & Crotona Park East › 1229 Franklin Avenue

1229 Franklin Avenue

Morrisania & Crotona Park East, The Bronx · Mixed residential & commercial · BBL 2026120058

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62Units (56 residential)
6Floors
68,722Building sq ft
15,058Lot sq ft
1928Year built
R6Zoning
4.56 of 4.80Built FAR
$12M · 2017Last sale
4DOB permits
46Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2017-02-15Deed$12,000,000
2014-07-24Deed$5,701,312
2014-04-11Deednot recorded
2007-04-23Deed$5,337,676
2004-08-09Deed$4,210,000
1992-05-29Deednot recorded
1989-12-21Deednot recorded
1986-01-02Deednot recorded
1974-08-16Deednot recorded
1974-02-08Deednot recorded
1974-02-08Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2026-01-02Initial PermitAntenna
2024-12-06Initial PermitGeneral Construction
2024-10-16Initial PermitSidewalk Shed
2023-12-20Initial PermitGeneral Construction

Source: DOB NOW approved permits, which covers 2017 onward. 4 permits on file for this lot.

Open HPD violations

ClassOpenMost recent
Class B (hazardous)252026-07-27
Class C (immediately hazardous)212026-07-27

Source: HPD open violations, classes B and C. A violation stays open until HPD certifies the correction, so an old date does not mean the condition persists today.

Motivated-Seller Score

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Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded multifamily mortgages in Bronx since 2021, from public ACRIS filings.

  1. Rocket Mortgage, LLC — 521 loans, typically $150K–$496K
  2. Ice Lender Holdings LLC — 518 loans, typically $669K–$1.05M
  3. Broadview Capital LLC — 305 loans, typically $660K–$1.1M
  4. Crosscountry Mortgage, LLC — 265 loans, typically $320K–$738K
  5. Loandepot.com, LLC — 237 loans, typically $254K–$675K
Match this deal to 1,070 lenders

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Other lots on this block

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Development & air rights

95% Utilization — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.

Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 2026120058 · data refreshed 2026-10-31