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NYC Building Records · BBL 4008640013

23-61 CRESCENT STREET

Queens · Block 864 · Lot 13 · Two-family brick (Class B1)

23-61 CRESCENT STREET is a Class B1 (two-family brick) building in Queens (BBL 4008640013) built in 1925, with 2 residential units across 2 floors.

The building is in NYC community district 401, council district 22, zoning district R5B, on a 2,400-square-foot lot with a building footprint of 2,080 square feet.

The current registered owner of record per NYC PLUTO is MICHAELIDES, PHILIP.

The most recent ACRIS deed transfer for this BBL was recorded on October 7, 2024 when CHENG, YI TING; YANG, BOB C conveyed the property to MICHAELIDES, PHILIP; LIN, XUECHUN for $1.63M. The transaction was financed with a $1.22M mortgage from Wells Fargo Bank, N.a..

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

MICHAELIDES, PHILIP

Most recent deed

Last transferred on Oct 7, 2024 for $1.6M to MICHAELIDES, PHILIP; LIN, XUECHUN.
Previous owner: CHENG, YI TING; YANG, BOB C
Mortgage: $1.2M recorded Oct 7, 2024 with Wells Fargo Bank, N.a.. Loan-to-value: 75%.
🔒 See all transfers before the 2024 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Oct 7, 2024MTGE$1.2MParties redacted — full names in MetroDeeds Scout+
Oct 7, 2024DEED$1.6MParties redacted — full names in MetroDeeds Scout+
Dec 17, 2015MTGE$11KParties redacted — full names in MetroDeeds Scout+
Dec 17, 2015AGMT$608KParties redacted — full names in MetroDeeds Scout+
Apr 22, 2014MTGE$614KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
1925
Class
B1
Borough
Queens
Zoning:
R5B
Lot size:
2,400 sqft
Building area:
2,080 sqft
Floors:
2
Assessed value:
$101K
Community district:
401
Council district:
22

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Oct 7, 2024).

Frequently asked questions about 23-61 CRESCENT STREET

Who owns 23-61 CRESCENT STREET?

The current registered owner of record for 23-61 CRESCENT STREET per NYC PLUTO is MICHAELIDES, PHILIP. The most recent ACRIS deed transfer for this BBL was recorded on October 7, 2024 when the property was conveyed to MICHAELIDES, PHILIP; LIN, XUECHUN. 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 23-61 CRESCENT STREET last sold?

The most recent ACRIS deed transfer for 23-61 CRESCENT STREET was recorded on October 7, 2024, when CHENG, YI TING; YANG, BOB C conveyed the property to MICHAELIDES, PHILIP; LIN, XUECHUN for $1.63M. The transaction was financed with a $1.22M mortgage from Wells Fargo Bank, N.a..

How many HPD violations does 23-61 CRESCENT STREET have?

No open HPD housing-maintenance code violations are on record for 23-61 CRESCENT 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 23-61 CRESCENT STREET?

NYC Department of Finance assesses 23-61 CRESCENT STREET at $101K 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 23-61 CRESCENT STREET and what does that mean?

23-61 CRESCENT 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.

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