1245 51 STREET
1245 51 STREET is a Class S2 (two-family + store) building in Brooklyn (BBL 3056480060) built in 1992, with 3 residential units across 3 floors.
The building is in NYC community district 312, council district 44, zoning district R6, on a 2,003-square-foot lot with a building footprint of 4,200 square feet.
The current registered owner of record per NYC PLUTO is MARTIN REICHMAN, TRUSTEE.
The most recent ACRIS deed transfer for this BBL was recorded on July 13, 2022 when MARTIN REICHMAN, TRUSTEE; FISCHEL REICHMAN, TRUSTEE; 1245 51ST STREET TRUST conveyed the property to MARTIN REICHMAN, TRUSTEE; FISCHEL REICHMAN, TRUSTEE; HBR 5-22 TRUST for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 17, 2026.
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
HPD registered contacts
- Corporate OwnerHYMAN & REGINA REICHMAN
- Managing AgentREGINA REICHMAN
Most recent deed
Recent ACRIS documents (last 3)
Building stats
- Zoning:
- R6
- Lot size:
- 2,003 sqft
- Building area:
- 4,200 sqft
- Floors:
- 3
- Assessed value:
- $134K
- Community district:
- 312
- Council district:
- 44
HPD violations
Recent HPD violation details
- Class IInspected Nov 24, 2025§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Dec 4, 2024§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Nov 28, 2023§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Nov 17, 2022§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Mar 16, 2022§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
Recent ACRIS activity
Frequently asked questions about 1245 51 STREET
Who owns 1245 51 STREET?
The current registered owner of record for 1245 51 STREET per NYC PLUTO is MARTIN REICHMAN, TRUSTEE. The most recent ACRIS deed transfer for this BBL was recorded on July 13, 2022 when the property was conveyed to MARTIN REICHMAN, TRUSTEE; FISCHEL REICHMAN, TRUSTEE; HBR 5-22 TRUST. 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 1245 51 STREET last sold?
The most recent ACRIS deed transfer for 1245 51 STREET was recorded on July 13, 2022, when MARTIN REICHMAN, TRUSTEE; FISCHEL REICHMAN, TRUSTEE; 1245 51ST STREET TRUST conveyed the property to MARTIN REICHMAN, TRUSTEE; FISCHEL REICHMAN, TRUSTEE; HBR 5-22 TRUST for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 1245 51 STREET have?
No open HPD housing-maintenance code violations are on record for 1245 51 STREET as of May 17, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 1245 51 STREET?
NYC Department of Finance assesses 1245 51 STREET at $134K 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 1245 51 STREET and what does that mean?
1245 51 STREET is NYC building class S2 — Two-family + store. A two-family dwelling with one store unit. 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.