140 TERRACE PLACE
140 TERRACE PLACE is a Class C0 (walk-up, 3+ families) building in Brooklyn (BBL 3052630019) built in 1965, with 3 residential units across 2 floors.
The building is in NYC community district 307, council district 39, zoning district R5B, on a 2,321-square-foot lot with a building footprint of 2,656 square feet.
The current registered owner of record per NYC PLUTO is YIP, PETER K..
The most recent ACRIS deed transfer for this BBL was recorded on September 6, 2023 when THE WAI KAN YUEN YIP REVOCABLE TRUST DATED 8-17-96; PETER K. YIP AS TRUSTEE; LILY YIP AS TRUSTEE; YIP, PETER K.; YIP, SUSAN; YIP, LILY conveyed the property to YIP, PETER K.; YIP, SUSAN; YIP, LILY 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
Recent ACRIS documents (last 1)
Building stats
- Zoning:
- R5B
- Lot size:
- 2,321 sqft
- Building area:
- 2,656 sqft
- Floors:
- 2
- Assessed value:
- $163K
- Community district:
- 307
- Council district:
- 39
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 140 TERRACE PLACE
Who owns 140 TERRACE PLACE?
The current registered owner of record for 140 TERRACE PLACE per NYC PLUTO is YIP, PETER K.. The most recent ACRIS deed transfer for this BBL was recorded on September 6, 2023 when the property was conveyed to YIP, PETER K.; YIP, SUSAN; YIP, LILY. 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 TERRACE PLACE last sold?
The most recent ACRIS deed transfer for 140 TERRACE PLACE was recorded on September 6, 2023, when THE WAI KAN YUEN YIP REVOCABLE TRUST DATED 8-17-96; PETER K. YIP AS TRUSTEE; LILY YIP AS TRUSTEE; YIP, PETER K.; YIP, SUSAN; YIP, LILY conveyed the property to YIP, PETER K.; YIP, SUSAN; YIP, LILY for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 140 TERRACE PLACE have?
No open HPD housing-maintenance code violations are on record for 140 TERRACE PLACE. 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 TERRACE PLACE?
NYC Department of Finance assesses 140 TERRACE PLACE at $163K 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 TERRACE PLACE and what does that mean?
140 TERRACE PLACE is NYC building class C0 — Walk-up, 3+ families. A 3-to-6-story walk-up apartment building (no elevator), 3 or more residential units. 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.