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NYC Building Records · BBL 3019870035

50 MONROE STREET

Brooklyn · Block 1987 · Lot 35 · Two-family brick (Class B1)

50 MONROE STREET is a Class B1 (two-family brick) building in Brooklyn (BBL 3019870035) built in 1899, with 2 residential units across 3 floors.

The building is in NYC community district 303, council district 36, zoning district R6B, on a 2,000-square-foot lot with a building footprint of 4,022 square feet.

The current registered owner of record per NYC PLUTO is SPENCE, KEITH.

The most recent ACRIS deed transfer for this BBL was recorded on December 1, 2021 when PAPO DEVELOPMENT CORP conveyed the property to SPENCE, KEITH; SPENCE, ABBY for $3.22M. The transaction was financed with a $2.58M mortgage from Mers For Td Bank Na.

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

SPENCE, KEITH
HPD-registered head officer: YOSSEF AZOUR

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerYOSSEF AZOUR
  • Corporate OwnerPAPO DEVELOPMENT CORP
  • Managing AgentRACHEL MICHAVI

Most recent deed

Last transferred on Dec 1, 2021 for $3.2M to SPENCE, KEITH; SPENCE, ABBY.
Previous owner: PAPO DEVELOPMENT CORP
Mortgage: $2.6M recorded Dec 1, 2021 with Mers For Td Bank Na. Loan-to-value: 80%.
🔒 See all transfers before the 2021 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Dec 1, 2021MTGE$2.6MParties redacted — full names in MetroDeeds Scout+
Dec 1, 2021DEED$3.2MParties redacted — full names in MetroDeeds Scout+
Feb 21, 2020MTGE$200KParties redacted — full names in MetroDeeds Scout+
Jun 26, 2019AGMT$1.2MParties redacted — full names in MetroDeeds Scout+
Jun 26, 2019MTGE$406KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
1899
Class
B1
Borough
Brooklyn
Zoning:
R6B
Lot size:
2,000 sqft
Building area:
4,022 sqft
Floors:
3
Assessed value:
$223K
Community district:
303
Council district:
36

HPD violations

0 open
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 IInspected Nov 25, 2025
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Dec 4, 2024
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Nov 28, 2023
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Nov 17, 2022
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Apr 21, 2021
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Dec 1, 2021).

Frequently asked questions about 50 MONROE STREET

Who owns 50 MONROE STREET?

The current registered owner of record for 50 MONROE STREET per NYC PLUTO is SPENCE, KEITH. The most recent ACRIS deed transfer for this BBL was recorded on December 1, 2021 when the property was conveyed to SPENCE, KEITH; SPENCE, ABBY. 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 50 MONROE STREET last sold?

The most recent ACRIS deed transfer for 50 MONROE STREET was recorded on December 1, 2021, when PAPO DEVELOPMENT CORP conveyed the property to SPENCE, KEITH; SPENCE, ABBY for $3.22M. The transaction was financed with a $2.58M mortgage from Mers For Td Bank Na.

How many HPD violations does 50 MONROE STREET have?

No open HPD housing-maintenance code violations are on record for 50 MONROE 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 50 MONROE STREET?

NYC Department of Finance assesses 50 MONROE STREET at $223K 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 50 MONROE STREET and what does that mean?

50 MONROE 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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