427 NEW LOTS AVENUE
427 NEW LOTS AVENUE is a Class S1 (one-family + store) building in Brooklyn (BBL 3038410037) built in 1930, with 2 residential units across 2 floors.
The building is in NYC community district 305, council district 42, zoning district R6, on a 2,154-square-foot lot with a building footprint of 2,668 square feet.
The current registered owner of record per NYC PLUTO is NEW LOTS AVE HOLDINGS LLC.
The most recent ACRIS deed transfer for this BBL was recorded on October 1, 2025 when New Lots Properties Llc conveyed the property to New Lots Ave Holdings Llc for $905K. The transaction was financed with a $634K mortgage from Ze Ray Properties 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
HPD registered contacts
- Head OfficerLILY ZHENG
- Corporate OwnerNEW LOTS PROPERTIES LLC
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R6
- Lot size:
- 2,154 sqft
- Building area:
- 2,668 sqft
- Floors:
- 2
- Assessed value:
- $46K
- Community district:
- 305
- Council district:
- 42
HPD violations
Recent HPD violation details
- Class IInspected Dec 3, 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 Mar 16, 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…
Recent ACRIS activity
Frequently asked questions about 427 NEW LOTS AVENUE
Who owns 427 NEW LOTS AVENUE?
The current registered owner of record for 427 NEW LOTS AVENUE per NYC PLUTO is NEW LOTS AVE HOLDINGS LLC. The most recent ACRIS deed transfer for this BBL was recorded on October 1, 2025 when the property was conveyed to New Lots Ave Holdings 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 427 NEW LOTS AVENUE last sold?
The most recent ACRIS deed transfer for 427 NEW LOTS AVENUE was recorded on October 1, 2025, when New Lots Properties Llc conveyed the property to New Lots Ave Holdings Llc for $905K. The transaction was financed with a $634K mortgage from Ze Ray Properties Llc.
How many HPD violations does 427 NEW LOTS AVENUE have?
No open HPD housing-maintenance code violations are on record for 427 NEW LOTS 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 427 NEW LOTS AVENUE?
NYC Department of Finance assesses 427 NEW LOTS AVENUE at $46K 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 427 NEW LOTS AVENUE and what does that mean?
427 NEW LOTS AVENUE is NYC building class S1 — One-family + store. A one-family dwelling with one store unit. 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.