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 0.7 per apartment median for tracked buildings in the neighborhood. HPD issued 2 new violations at the address in the last twelve months. Tenants have filed 37 HPD complaints at the address, 5 of them in the last twelve months.
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
Frequently asked questions
Is 387 Franklin Ave rent stabilized?
387 Franklin Ave in Bed-Stuy (West), Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization codes are MULTIPLE DWELLING A, GARDEN COMPLEX and 421-A (1-15). Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 387 Franklin Ave?
387 Franklin Ave (BBL 3019740001) has about 11 residential apartments and was built in 2009, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.