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NYC Building Records · BBL 3079120056

250 EAST 88 STREET

Brooklyn · Block 7912 · Lot 56 · Factory / industrial building (Class F5)

250 EAST 88 STREET is a Class F5 (factory / industrial building) building in Brooklyn (BBL 3079120056) built in 1931, with 1 residential unit across 1 floor.

The building is in NYC community district 317, council district 42, zoning district M1-1, on a 4,000-square-foot lot with a building footprint of 3,150 square feet.

The current registered owner of record per NYC PLUTO is BK IRON WORKS CORP..

The most recent ACRIS deed transfer for this BBL was recorded on September 13, 2022 when Lodato, Richard Jr; Lodato, Marie conveyed the property to Bk Iron Works Corp. for $1.10M. The transaction was financed with a $920K mortgage from Lendstream Small Business Finance, Llc.

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

BK IRON WORKS CORP.

Most recent deed

Last transferred on Sep 13, 2022 for $1.1M to Bk Iron Works Corp..
Previous owner: Lodato, Richard Jr; Lodato, Marie
Mortgage: $920K recorded Sep 13, 2022 with Lendstream Small Business Finance, Llc. Loan-to-value: 84%.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Feb 29, 2024MTGE$18KParties redacted — full names in MetroDeeds Scout+
Feb 29, 2024AGMT$924KParties redacted — full names in MetroDeeds Scout+
Sep 13, 2022MTGE$920KParties redacted — full names in MetroDeeds Scout+
Sep 13, 2022DEED$1.1MParties redacted — full names in MetroDeeds Scout+
Apr 24, 2020MTGE$350KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
1
Year built
1931
Class
F5
Borough
Brooklyn
Zoning:
M1-1
Lot size:
4,000 sqft
Building area:
3,150 sqft
Floors:
1
Assessed value:
$142K
Community district:
317
Council district:
42

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 Feb 29, 2024).

Frequently asked questions about 250 EAST 88 STREET

Who owns 250 EAST 88 STREET?

The current registered owner of record for 250 EAST 88 STREET per NYC PLUTO is BK IRON WORKS CORP.. The most recent ACRIS deed transfer for this BBL was recorded on September 13, 2022 when the property was conveyed to Bk Iron Works Corp.. 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 250 EAST 88 STREET last sold?

The most recent ACRIS deed transfer for 250 EAST 88 STREET was recorded on September 13, 2022, when Lodato, Richard Jr; Lodato, Marie conveyed the property to Bk Iron Works Corp. for $1.10M. The transaction was financed with a $920K mortgage from Lendstream Small Business Finance, Llc.

How many HPD violations does 250 EAST 88 STREET have?

No open HPD housing-maintenance code violations are on record for 250 EAST 88 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 250 EAST 88 STREET?

NYC Department of Finance assesses 250 EAST 88 STREET at $142K 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 250 EAST 88 STREET and what does that mean?

250 EAST 88 STREET is NYC building class F5 — Factory / industrial building. Factory / industrial building. 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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