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NYC Building Records · BBL 3035600001

251 CHESTER STREET

Brooklyn · Block 3560 · Lot 1 · Elevator, pre-1929 (Class D6)

251 CHESTER STREET is a Class D6 (elevator, pre-1929) building in Brooklyn (BBL 3035600001) built in 2024, with 110 residential units across 8 floors.

The building is in NYC community district 316, council district 41, zoning district R7-2, on a 25,123-square-foot lot with a building footprint of 118,066 square feet.

The current registered owner of record per NYC PLUTO is MGX PHASE 2 G HOUSING DEVELOPMENT FUND.

The most recent ACRIS deed transfer for this BBL was recorded on December 13, 2023 when HP MARCUS GARVEY PRESERVATION HOUSING COMPANY INC. conveyed the property to MGX PHASE 2 G HOUSING DEVELOPMENT FUND for $246K. The transaction was financed with a $40.96M mortgage from New York State Housing Finance Agency.

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

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

MGX PHASE 2 G HOUSING DEVELOPMENT FUND
HPD-registered head officer: HERMINIO TORRES

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerHERMINIO TORRES
  • Corporate OwnerMGX ASSOCIATES PHASE 2 G LLC
  • Managing AgentC&C APARTMENT MANAGEMENT
  • Site ManagerCATHERINE SMALLING

Most recent deed

Last transferred on Dec 13, 2023 for $246K to MGX PHASE 2 G HOUSING DEVELOPMENT FUND.
Previous owner: HP MARCUS GARVEY PRESERVATION HOUSING COMPANY INC.
Mortgage: $41.0M recorded Dec 13, 2023 with New York State Housing Finance Agency. Loan-to-value: 16652%.
🔒 See all transfers before the 2023 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Dec 13, 2023AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Dec 13, 2023AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Dec 13, 2023AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Dec 13, 2023MTGE$41.0MParties redacted — full names in MetroDeeds Scout+
Dec 13, 2023AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
110
Year built
2024
Class
D6
Borough
Brooklyn
Zoning:
R7-2
Lot size:
25,123 sqft
Building area:
118,066 sqft
Floors:
8
Assessed value:
$155K
Community district:
316
Council district:
41

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected May 11, 2026
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class AInspected Apr 16, 2026
    § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND…
  • Class AInspected Apr 16, 2026
    § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM…
  • Class CInspected Apr 16, 2026
    § 27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO H…
  • Class AInspected Apr 16, 2026
    § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Dec 13, 2023).

Frequently asked questions about 251 CHESTER STREET

Who owns 251 CHESTER STREET?

The current registered owner of record for 251 CHESTER STREET per NYC PLUTO is MGX PHASE 2 G HOUSING DEVELOPMENT FUND. The most recent ACRIS deed transfer for this BBL was recorded on December 13, 2023 when the property was conveyed to MGX PHASE 2 G HOUSING DEVELOPMENT FUND. 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 251 CHESTER STREET last sold?

The most recent ACRIS deed transfer for 251 CHESTER STREET was recorded on December 13, 2023, when HP MARCUS GARVEY PRESERVATION HOUSING COMPANY INC. conveyed the property to MGX PHASE 2 G HOUSING DEVELOPMENT FUND for $246K. The transaction was financed with a $40.96M mortgage from New York State Housing Finance Agency.

How many HPD violations does 251 CHESTER STREET have?

No open HPD housing-maintenance code violations are on record for 251 CHESTER STREET as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 251 CHESTER STREET?

NYC Department of Finance assesses 251 CHESTER STREET at $155K 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 251 CHESTER STREET and what does that mean?

251 CHESTER STREET is NYC building class D6 — Elevator, pre-1929. A pre-1929 elevator apartment 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.

More from MetroDeeds

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