225 BAY 41 STREET
225 BAY 41 STREET is a Class B1 (two-family brick) building in Brooklyn (BBL 3068960019) built in 1930, with 2 residential units across 2 floors.
The building is in NYC community district 311, council district 43, zoning district R5, on a 2,248-square-foot lot with a building footprint of 2,280 square feet.
The current registered owner of record per NYC PLUTO is CHEN, KEBIN.
The most recent ACRIS deed transfer for this BBL was recorded on October 18, 2021 when FRANZESE, ANTHONY; FRANZESE, MARGARET conveyed the property to CHEN, KEBIN; WANG, XIU QIN for $1.10M. The transaction was financed with a $660K mortgage from Metro City 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:
- R5
- Lot size:
- 2,248 sqft
- Building area:
- 2,280 sqft
- Floors:
- 2
- Assessed value:
- $78K
- Community district:
- 311
- Council district:
- 43
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 225 BAY 41 STREET
Who owns 225 BAY 41 STREET?
The current registered owner of record for 225 BAY 41 STREET per NYC PLUTO is CHEN, KEBIN. The most recent ACRIS deed transfer for this BBL was recorded on October 18, 2021 when the property was conveyed to CHEN, KEBIN; WANG, XIU QIN. 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 225 BAY 41 STREET last sold?
The most recent ACRIS deed transfer for 225 BAY 41 STREET was recorded on October 18, 2021, when FRANZESE, ANTHONY; FRANZESE, MARGARET conveyed the property to CHEN, KEBIN; WANG, XIU QIN for $1.10M. The transaction was financed with a $660K mortgage from Metro City Bank.
How many HPD violations does 225 BAY 41 STREET have?
No open HPD housing-maintenance code violations are on record for 225 BAY 41 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 225 BAY 41 STREET?
NYC Department of Finance assesses 225 BAY 41 STREET at $78K 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 225 BAY 41 STREET and what does that mean?
225 BAY 41 STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. 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.