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NYC Building Records · BBL 4126220026

118-40 198 STREET

Queens · Block 12622 · Lot 26 · Two-family frame (Class B2)

118-40 198 STREET is a Class B2 (two-family frame) building in Queens (BBL 4126220026) built in 1925, with 2 residential units across 3 floors.

The building is in NYC community district 412, council district 27, zoning district R4A, on a 3,000-square-foot lot with a building footprint of 1,528 square feet.

The current registered owner of record per NYC PLUTO is FRAZER, BEION.

The most recent ACRIS deed transfer for this BBL was recorded on September 28, 2022 when DUNN, ROSEMARIE C conveyed the property to FRAZER, BEION for $690K. The transaction was financed with a $552K mortgage from Mers, As Nominee; Caliber Home Loans, Inc,.

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

FRAZER, BEION

Most recent deed

Last transferred on Sep 28, 2022 for $690K to FRAZER, BEION.
Previous owner: DUNN, ROSEMARIE C
Mortgage: $552K recorded Sep 28, 2022 with Mers, As Nominee; Caliber Home Loans, Inc,. Loan-to-value: 80%.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Sep 28, 2022MTGE$552KParties redacted — full names in MetroDeeds Scout+
Sep 28, 2022DEED$690KParties redacted — full names in MetroDeeds Scout+
Jul 25, 2018MTGE$215KParties redacted — full names in MetroDeeds Scout+
Apr 6, 2007DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Apr 5, 2006MTGE$150KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
1925
Class
B2
Borough
Queens
Zoning:
R4A
Lot size:
3,000 sqft
Building area:
1,528 sqft
Floors:
2.5
Assessed value:
$38K
Community district:
412
Council district:
27

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Sep 28, 2022).

Other buildings in this portfolio

FRAZER, BEION controls 2 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 118-40 198 STREET

Who owns 118-40 198 STREET?

The current registered owner of record for 118-40 198 STREET per NYC PLUTO is FRAZER, BEION. The most recent ACRIS deed transfer for this BBL was recorded on September 28, 2022 when the property was conveyed to FRAZER, BEION. 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 118-40 198 STREET last sold?

The most recent ACRIS deed transfer for 118-40 198 STREET was recorded on September 28, 2022, when DUNN, ROSEMARIE C conveyed the property to FRAZER, BEION for $690K. The transaction was financed with a $552K mortgage from Mers, As Nominee; Caliber Home Loans, Inc,.

How many HPD violations does 118-40 198 STREET have?

No open HPD housing-maintenance code violations are on record for 118-40 198 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 118-40 198 STREET?

NYC Department of Finance assesses 118-40 198 STREET at $38K 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 118-40 198 STREET and what does that mean?

118-40 198 STREET is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. 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.

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