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NYC Building Records · BBL 4120490013

123RD AVEMUE

Queens · Block 12049 · Lot 13 · Two-family frame (Class B2)

123RD AVEMUE is a Class B2 (two-family frame) building in Queens (BBL 4120490013) built in 2020, with 2 residential units across 2 floors.

The building is in NYC community district 412, council district 28, zoning district R3A, on a 3,000-square-foot lot with a building footprint of 2,080 square feet.

The current registered owner of record per NYC PLUTO is MOREL, CARLOS M.

The most recent ACRIS deed transfer for this BBL was recorded on November 2, 2021 when B&B VENTURE CAPITAL LLC conveyed the property to AKEJU, DEBANKE LINDA for $1.10M. The transaction was financed with a $1.06M mortgage from Mortgage Electronic Registration Systems Inc; Finance Of America Mortgage Llc.

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

MOREL, CARLOS M

Most recent deed

Last transferred on Nov 2, 2021 for $1.1M to AKEJU, DEBANKE LINDA.
Previous owner: B&B VENTURE CAPITAL LLC
Mortgage: $1.1M recorded Nov 2, 2021 with Mortgage Electronic Registration Systems Inc; Finance Of America Mortgage Llc. Loan-to-value: 96%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Nov 2, 2021MTGE$1.1MParties redacted — full names in MetroDeeds Scout+
Nov 2, 2021DEED$1.1MParties redacted — full names in MetroDeeds Scout+
Jul 11, 2019DEED$290KParties redacted — full names in MetroDeeds Scout+
Jan 29, 2007MTGE$380KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
2020
Class
B2
Borough
Queens
Zoning:
R3A
Lot size:
3,000 sqft
Building area:
2,080 sqft
Floors:
2
Assessed value:
$61K
Community district:
412
Council district:
28

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent violation issued by NYC HPD at this address:
  • Class CInspected Aug 27, 2002
    SECTION 27-2005 ADMIN. CODE: REMOVE THE ILLEGAL FASTENING - DOUBLE CYLINDER KEY LOCKING DEVICE AT ENTRANCE DOOR 1ST STORY PRIVATE HALL TO 2N…
🔒 See full violation history with closure dates →

Recent ACRIS activity

4 documents in the last 5 years (most recent Nov 2, 2021).

Frequently asked questions about 123RD AVEMUE

Who owns 123RD AVEMUE?

The current registered owner of record for 123RD AVEMUE per NYC PLUTO is MOREL, CARLOS M. The most recent ACRIS deed transfer for this BBL was recorded on November 2, 2021 when the property was conveyed to AKEJU, DEBANKE LINDA. 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 123RD AVEMUE last sold?

The most recent ACRIS deed transfer for 123RD AVEMUE was recorded on November 2, 2021, when B&B VENTURE CAPITAL LLC conveyed the property to AKEJU, DEBANKE LINDA for $1.10M. The transaction was financed with a $1.06M mortgage from Mortgage Electronic Registration Systems Inc; Finance Of America Mortgage Llc.

How many HPD violations does 123RD AVEMUE have?

No open HPD housing-maintenance code violations are on record for 123RD AVEMUE. 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 123RD AVEMUE?

NYC Department of Finance assesses 123RD AVEMUE at $61K 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 123RD AVEMUE and what does that mean?

123RD AVEMUE 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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