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NYC Building Records · BBL 3055870030

1054 40 STREET

Brooklyn · Block 5587 · Lot 30 · Walk-up, 3+ families (Class C0)

1054 40 STREET is a Class C0 (walk-up, 3+ families) building in Brooklyn (BBL 3055870030) built in 1901, with 3 residential units across 3 floors.

The building is in NYC community district 312, council district 38, zoning district R6, on a 1,903-square-foot lot with a building footprint of 2,034 square feet.

The current registered owner of record per NYC PLUTO is CHEN, XIAO MING.

The most recent ACRIS deed transfer for this BBL was recorded on February 25, 2026 when Chen, Xiao Ming; Zhu, Jian Qing conveyed the property to Chen, Xiaoming; Zhu, Jian Qing for a non-disclosed consideration. The transaction was financed with a $750K mortgage from Stg Mortgage Inc.; Mortgage Electronic Registration Systems, Inc.

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 17, 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

CHEN, XIAO MING

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Site ManagerLILIA PAPA

Most recent deed

Last transferred on Feb 25, 2026 to Chen, Xiaoming; Zhu, Jian Qing.
Previous owner: Chen, Xiao Ming; Zhu, Jian Qing
Mortgage: $750K recorded Feb 25, 2026 with Stg Mortgage Inc.; Mortgage Electronic Registration Systems, Inc.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Feb 25, 2026DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Feb 25, 2026AGMT$750KParties redacted — full names in MetroDeeds Scout+
May 1, 2019DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Dec 21, 2018DEED$1.1MParties redacted — full names in MetroDeeds Scout+
Dec 21, 2018MTGE$715KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
3
Year built
1901
Class
C0
Borough
Brooklyn
Zoning:
R6
Lot size:
1,903 sqft
Building area:
2,034 sqft
Floors:
3
Assessed value:
$78K
Community district:
312
Council district:
38

HPD violations

0 open
Most severe class on record: Class A
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected May 1, 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 19, 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 6, 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 IInspected Nov 27, 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 AInspected Apr 3, 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…
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Feb 25, 2026).

Frequently asked questions about 1054 40 STREET

Who owns 1054 40 STREET?

The current registered owner of record for 1054 40 STREET per NYC PLUTO is CHEN, XIAO MING. The most recent ACRIS deed transfer for this BBL was recorded on February 25, 2026 when the property was conveyed to Chen, Xiaoming; Zhu, Jian Qing. 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 1054 40 STREET last sold?

The most recent ACRIS deed transfer for 1054 40 STREET was recorded on February 25, 2026, when Chen, Xiao Ming; Zhu, Jian Qing conveyed the property to Chen, Xiaoming; Zhu, Jian Qing for a non-disclosed consideration. The transaction was financed with a $750K mortgage from Stg Mortgage Inc.; Mortgage Electronic Registration Systems, Inc.

How many HPD violations does 1054 40 STREET have?

No open HPD housing-maintenance code violations are on record for 1054 40 STREET as of May 17, 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 1054 40 STREET?

NYC Department of Finance assesses 1054 40 STREET at $78K 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 1054 40 STREET and what does that mean?

1054 40 STREET 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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