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NYC Building Records · BBL 3042950021

656 ALABAMA AVENUE

Brooklyn · Block 4295 · Lot 21 · Two-family brick (Class B1)

656 ALABAMA AVENUE is a Class B1 (two-family brick) building in Brooklyn (BBL 3042950021) built in 1920, with 2 residential units across 2 floors.

The building is in NYC community district 305, council district 42, zoning district R6, on a 2,317-square-foot lot with a building footprint of 2,052 square feet.

The current registered owner of record per NYC PLUTO is PHR NPL FUND IV, LLC.

The most recent ACRIS deed transfer for this BBL was recorded on February 26, 2026 when Phr Npl Fund Iv, Llc conveyed the property to Terrapin Bk Llc for $662K. The transaction was recorded as cash (no paired mortgage instrument).

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

PHR NPL FUND IV, LLC

Most recent deed

Last transferred on Feb 26, 2026 for $662K to Terrapin Bk Llc.
Previous owner: Phr Npl Fund Iv, Llc
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2026 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Feb 26, 2026DEED$662KParties redacted — full names in MetroDeeds Scout+
Jan 28, 2025DEED$1KParties redacted — full names in MetroDeeds Scout+
Jun 21, 2007MTGE$50KParties redacted — full names in MetroDeeds Scout+
Nov 17, 2006MTGE$420KParties redacted — full names in MetroDeeds Scout+
May 23, 2006MTGE$375KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
1920
Class
B1
Borough
Brooklyn
Zoning:
R6
Lot size:
2,317 sqft
Building area:
2,052 sqft
Floors:
2
Assessed value:
$47K
Community district:
305
Council district:
42

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 IInspected Jul 25, 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 BInspected Jul 22, 2022
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORY, 1st APARTMENT FRO…
  • Class BInspected Jul 22, 2022
    § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). THAT IS DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd…
  • Class CInspected Jul 22, 2022
    § 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORY, 1st APARTMENT FROM S…
  • Class CInspected Oct 22, 2020
    § 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORY, 1st APARTMENT FROM S…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Feb 26, 2026).

Frequently asked questions about 656 ALABAMA AVENUE

Who owns 656 ALABAMA AVENUE?

The current registered owner of record for 656 ALABAMA AVENUE per NYC PLUTO is PHR NPL FUND IV, LLC. The most recent ACRIS deed transfer for this BBL was recorded on February 26, 2026 when the property was conveyed to Terrapin Bk 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 656 ALABAMA AVENUE last sold?

The most recent ACRIS deed transfer for 656 ALABAMA AVENUE was recorded on February 26, 2026, when Phr Npl Fund Iv, Llc conveyed the property to Terrapin Bk Llc for $662K. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 656 ALABAMA AVENUE have?

No open HPD housing-maintenance code violations are on record for 656 ALABAMA AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 656 ALABAMA AVENUE?

NYC Department of Finance assesses 656 ALABAMA AVENUE at $47K 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 656 ALABAMA AVENUE and what does that mean?

656 ALABAMA AVENUE 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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