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NYC Building Records · BBL 3026900039

553 MORGAN AVENUE

Brooklyn · Block 2690 · Lot 39 · Walk-up, 3+ families (Class C0)

553 MORGAN AVENUE is a Class C0 (walk-up, 3+ families) building in Brooklyn (BBL 3026900039) built in 1901, with 3 residential units across 3 floors.

The building is in NYC community district 301, council district 33, zoning district R6B, on a 1,900-square-foot lot with a building footprint of 3,036 square feet.

The current registered owner of record per NYC PLUTO is 553 MORGAN LLC.

The most recent ACRIS deed transfer for this BBL was recorded on September 3, 2025 when KAUTHER FARMS LLC conveyed the property to 553 MORGAN LLC for $1.77M. The transaction was financed with a $1.50M mortgage from Stormfield Spv I, Llc.

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

553 MORGAN LLC
HPD-registered head officer: ADEL SAGEER

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerADEL SAGEER
  • Corporate OwnerKAUTHER FARMS LLC

Most recent deed

Last transferred on Sep 3, 2025 for $1.8M to 553 MORGAN LLC.
Previous owner: KAUTHER FARMS LLC
Mortgage: $1.5M recorded Sep 3, 2025 with Stormfield Spv I, Llc. Loan-to-value: 84%.
🔒 See all transfers before the 2025 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Sep 3, 2025MTGE$1.5MParties redacted — full names in MetroDeeds Scout+
Sep 3, 2025DEED$1.8MParties redacted — full names in MetroDeeds Scout+
Dec 9, 2020MTGE$900KParties redacted — full names in MetroDeeds Scout+
Dec 9, 2020DEED$1.8MParties redacted — full names in MetroDeeds Scout+
Mar 1, 2012DEED$59KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
3
Year built
1901
Class
C0
Borough
Brooklyn
Zoning:
R6B
Lot size:
1,900 sqft
Building area:
3,036 sqft
Floors:
3
Assessed value:
$135K
Community district:
301
Council district:
33

HPD violations

0 open
Most severe class on record: Class A
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 5, 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 IInspected Nov 20, 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 AInspected Jun 10, 2025
    (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 11, 2024
    (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 Mar 24, 2023
    (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…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Sep 3, 2025).

Frequently asked questions about 553 MORGAN AVENUE

Who owns 553 MORGAN AVENUE?

The current registered owner of record for 553 MORGAN AVENUE per NYC PLUTO is 553 MORGAN LLC. The most recent ACRIS deed transfer for this BBL was recorded on September 3, 2025 when the property was conveyed to 553 MORGAN LLC. 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 553 MORGAN AVENUE last sold?

The most recent ACRIS deed transfer for 553 MORGAN AVENUE was recorded on September 3, 2025, when KAUTHER FARMS LLC conveyed the property to 553 MORGAN LLC for $1.77M. The transaction was financed with a $1.50M mortgage from Stormfield Spv I, Llc.

How many HPD violations does 553 MORGAN AVENUE have?

No open HPD housing-maintenance code violations are on record for 553 MORGAN AVENUE 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 553 MORGAN AVENUE?

NYC Department of Finance assesses 553 MORGAN AVENUE at $135K 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 553 MORGAN AVENUE and what does that mean?

553 MORGAN AVENUE is NYC building class C0 — Walk-up, 3+ families. A 3-to-6-story walk-up apartment building (no elevator), 3 or more residential units. 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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