421 NEW LOTS AVENUE
421 NEW LOTS AVENUE is a Class S1 (one-family + store) building in Brooklyn (BBL 3038410040) 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 2,053-square-foot lot with a building footprint of 2,856 square feet.
The current registered owner of record per NYC PLUTO is 421 NEW LOTS LLC.
The most recent ACRIS deed transfer for this BBL was recorded on August 1, 2025 when THE DAVID E. NEDD IRREVOCABLE TRUST; NEDD-BONNER, DESIREE conveyed the property to 421 NEW LOTS LLC for $700K. The transaction was recorded as cash (no paired mortgage instrument).
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 OfficerHoward Cheung
- Corporate Owner421 New Lots LLC
Most recent deed
Recent ACRIS documents (last 2)
Building stats
- Zoning:
- R6
- Lot size:
- 2,053 sqft
- Building area:
- 2,856 sqft
- Floors:
- 2
- Assessed value:
- $43K
- Community district:
- 305
- Council district:
- 42
HPD violations
Recent HPD violation details
- Class IInspected Nov 24, 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 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 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 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…
Recent ACRIS activity
Frequently asked questions about 421 NEW LOTS AVENUE
Who owns 421 NEW LOTS AVENUE?
The current registered owner of record for 421 NEW LOTS AVENUE per NYC PLUTO is 421 NEW LOTS LLC. The most recent ACRIS deed transfer for this BBL was recorded on August 1, 2025 when the property was conveyed to 421 NEW LOTS 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 421 NEW LOTS AVENUE last sold?
The most recent ACRIS deed transfer for 421 NEW LOTS AVENUE was recorded on August 1, 2025, when THE DAVID E. NEDD IRREVOCABLE TRUST; NEDD-BONNER, DESIREE conveyed the property to 421 NEW LOTS LLC for $700K. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 421 NEW LOTS AVENUE have?
No open HPD housing-maintenance code violations are on record for 421 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 421 NEW LOTS AVENUE?
NYC Department of Finance assesses 421 NEW LOTS AVENUE at $43K 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 421 NEW LOTS AVENUE and what does that mean?
421 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.