1040 EAST 5 STREET
1040 EAST 5 STREET is a Class B1 (two-family brick) building in Brooklyn (BBL 3065170014) built in 1965, with 2 residential units across 2 floors.
The building is in NYC community district 312, council district 44, zoning district R3-1, on a 2,500-square-foot lot with a building footprint of 1,890 square feet.
The current registered owner of record per NYC PLUTO is KENNETH WEISS, AS THE TRUSTEE.
The most recent ACRIS deed transfer for this BBL was recorded on May 10, 2023 when WEISS, PEARL conveyed the property to KENNETH WEISS, AS THE TRUSTEE; WEISS FAMILY IRREVOCABLE TRUST 2023 for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 4)
Building stats
- Zoning:
- R3-1
- Lot size:
- 2,500 sqft
- Building area:
- 1,890 sqft
- Floors:
- 2
- Assessed value:
- $73K
- Community district:
- 312
- Council district:
- 44
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 1040 EAST 5 STREET
Who owns 1040 EAST 5 STREET?
The current registered owner of record for 1040 EAST 5 STREET per NYC PLUTO is KENNETH WEISS, AS THE TRUSTEE. The most recent ACRIS deed transfer for this BBL was recorded on May 10, 2023 when the property was conveyed to KENNETH WEISS, AS THE TRUSTEE; WEISS FAMILY IRREVOCABLE TRUST 2023. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 1040 EAST 5 STREET last sold?
The most recent ACRIS deed transfer for 1040 EAST 5 STREET was recorded on May 10, 2023, when WEISS, PEARL conveyed the property to KENNETH WEISS, AS THE TRUSTEE; WEISS FAMILY IRREVOCABLE TRUST 2023 for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 1040 EAST 5 STREET have?
No open HPD housing-maintenance code violations are on record for 1040 EAST 5 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 1040 EAST 5 STREET?
NYC Department of Finance assesses 1040 EAST 5 STREET at $73K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 1040 EAST 5 STREET and what does that mean?
1040 EAST 5 STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.