138 BAY 50 STREET
138 BAY 50 STREET is a Class B2 (two-family frame) building in Brooklyn (BBL 3069170046) built in 1925, with 2 residential units across 2 floors.
The building is in NYC community district 313, council district 47, zoning district R5, on a 1,933-square-foot lot with a building footprint of 1,800 square feet.
The current registered owner of record per NYC PLUTO is GUI WEN PENG, AS TRUSTEE.
The most recent ACRIS deed transfer for this BBL was recorded on September 4, 2025 when PENG, WEI PING; PENG, YU LIAN CAO conveyed the property to PENG FAMILY IRREVOCABLE TRUST; GUI RONG PENG, AS TRUSTEE; GUI WEN PENG, AS TRUSTEE 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
Activity timeline
Recent ACRIS documents (last 1)
Building stats
- Zoning:
- R5
- Lot size:
- 1,933 sqft
- Building area:
- 1,800 sqft
- Floors:
- 2
- Assessed value:
- $60K
- Community district:
- 313
- Council district:
- 47
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 138 BAY 50 STREET
Who owns 138 BAY 50 STREET?
The current registered owner of record for 138 BAY 50 STREET per NYC PLUTO is GUI WEN PENG, AS TRUSTEE. The most recent ACRIS deed transfer for this BBL was recorded on September 4, 2025 when the property was conveyed to PENG FAMILY IRREVOCABLE TRUST; GUI RONG PENG, AS TRUSTEE; GUI WEN PENG, AS TRUSTEE. 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 138 BAY 50 STREET last sold?
The most recent ACRIS deed transfer for 138 BAY 50 STREET was recorded on September 4, 2025, when PENG, WEI PING; PENG, YU LIAN CAO conveyed the property to PENG FAMILY IRREVOCABLE TRUST; GUI RONG PENG, AS TRUSTEE; GUI WEN PENG, AS TRUSTEE for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 138 BAY 50 STREET have?
No open HPD housing-maintenance code violations are on record for 138 BAY 50 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 138 BAY 50 STREET?
NYC Department of Finance assesses 138 BAY 50 STREET at $60K 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 138 BAY 50 STREET and what does that mean?
138 BAY 50 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.