140 BAY 7 STREET
140 BAY 7 STREET is a Class B3 (two-family converted) building in Brooklyn (BBL 3063910066) built in 1960, with 2 residential units across 2 floors.
The building is in NYC community district 311, council district 50, zoning district R4, on a 1,933-square-foot lot with a building footprint of 2,260 square feet.
The current registered owner of record per NYC PLUTO is HAU, LAM LAP.
The most recent ACRIS deed transfer for this BBL was recorded on October 27, 2021 when KIM, BRANDON K; KIM, JANET conveyed the property to HAU, LAM LAP for $1.07M. The transaction was financed with a $300K mortgage from Abacus Federal Savings Bank.
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:
- R4
- Lot size:
- 1,933 sqft
- Building area:
- 2,260 sqft
- Floors:
- 2
- Assessed value:
- $88K
- Community district:
- 311
- Council district:
- 50
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 140 BAY 7 STREET
Who owns 140 BAY 7 STREET?
The current registered owner of record for 140 BAY 7 STREET per NYC PLUTO is HAU, LAM LAP. The most recent ACRIS deed transfer for this BBL was recorded on October 27, 2021 when the property was conveyed to HAU, LAM LAP. 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 140 BAY 7 STREET last sold?
The most recent ACRIS deed transfer for 140 BAY 7 STREET was recorded on October 27, 2021, when KIM, BRANDON K; KIM, JANET conveyed the property to HAU, LAM LAP for $1.07M. The transaction was financed with a $300K mortgage from Abacus Federal Savings Bank.
How many HPD violations does 140 BAY 7 STREET have?
No open HPD housing-maintenance code violations are on record for 140 BAY 7 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 140 BAY 7 STREET?
NYC Department of Finance assesses 140 BAY 7 STREET at $88K 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 140 BAY 7 STREET and what does that mean?
140 BAY 7 STREET is NYC building class B3 — Two-family converted. A two-family dwelling that was converted from a one-family. 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.