Is 387 Franklin Ave rent stabilized?
387 Franklin Ave is a registered NYC rent-stabilized building in Bed-Stuy (West), Brooklyn (11238). It has about 11 apartments, built in 2009.
Also written as 387 Franklin Avenue — or 387 Franklin Ave, Brooklyn, NY 11238.
How this building compares
With about 11 apartments it is larger than 70% of the 784 rent-stabilized buildings this site tracks in Bed-Stuy (West). It went up in 2009, 78 years after the 1931 median for stabilized buildings tracked in the neighborhood. HPD lists 4 open violations here, about one for every 3 apartments — below the 0.6 per apartment median for tracked buildings in the neighborhood. Tenants have filed 37 HPD complaints at the address, 6 of them in the last twelve months.
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Building details
| Borough | Brooklyn |
| Neighborhood | Bed-Stuy (West) |
| ZIP | 11238 |
| Year built | 2009 |
| Apartments | 11 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A, GARDEN COMPLEX, 421-A (1-15) |
| BBL | 3019740001 |
Owner & management
| Owner | MARCY PLAZA REALTY LLC 116 NOSTRAND AVENUE · Brooklyn, NY 11205 |
| Managing agent | WATERFRONT PROPERTY MANAGEMENT LLC |
Building conditions
| HPD violations | 4 open / 15 total · 2 in last 12 mo |
| HPD complaints | 0 open / 37 total |
| HPD registration last filed | August 22, 2025 |
Full building report — $9
📄 Get the full building report — $9. How this building's violation record compares citywide, who owns it and what else they own, and a pre-filled DHCR rent-history request. One-time, no account needed. The report also states plainly what the data cannot tell you. Get the report for 387 Franklin Ave →
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