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NYC Building Records · BBL 3060490048

365 88 STREET

Brooklyn · Block 6049 · Lot 48 · Two-family frame (Class B2)

365 88 STREET is a Class B2 (two-family frame) building in Brooklyn (BBL 3060490048) built in 1920, with 2 residential units across 2 floors.

The building is in NYC community district 310, council district 47, zoning district R4-1, on a 2,000-square-foot lot with a building footprint of 1,800 square feet.

The current registered owner of record per NYC PLUTO is CHENG, SHING LAI.

The most recent ACRIS deed transfer for this BBL was recorded on October 20, 2021 when 365 88 STREET LLC conveyed the property to CHENG, SHING LAI; TANG, VINCENT for $1.16M. 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

CHENG, SHING LAI

Most recent deed

Last transferred on Oct 20, 2021 for $1.2M to CHENG, SHING LAI; TANG, VINCENT.
Previous owner: 365 88 STREET LLC
Cash sale: no recorded mortgage tied to this transfer.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Oct 20, 2021DEED$1.2MParties redacted — full names in MetroDeeds Scout+
Jul 20, 2020DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Oct 12, 2010DEED$610KParties redacted — full names in MetroDeeds Scout+
Jan 8, 2007AGMT$380KParties redacted — full names in MetroDeeds Scout+
Jan 8, 2007MTGE$71KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1920
Class
B2
Borough
Brooklyn
Zoning:
R4-1
Lot size:
2,000 sqft
Building area:
1,800 sqft
Floors:
2
Assessed value:
$69K
Community district:
310
Council district:
47

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Oct 20, 2021).

Frequently asked questions about 365 88 STREET

Who owns 365 88 STREET?

The current registered owner of record for 365 88 STREET per NYC PLUTO is CHENG, SHING LAI. The most recent ACRIS deed transfer for this BBL was recorded on October 20, 2021 when the property was conveyed to CHENG, SHING LAI; TANG, VINCENT. 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 365 88 STREET last sold?

The most recent ACRIS deed transfer for 365 88 STREET was recorded on October 20, 2021, when 365 88 STREET LLC conveyed the property to CHENG, SHING LAI; TANG, VINCENT for $1.16M. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 365 88 STREET have?

No open HPD housing-maintenance code violations are on record for 365 88 STREET. 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 365 88 STREET?

NYC Department of Finance assesses 365 88 STREET at $69K 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 365 88 STREET and what does that mean?

365 88 STREET is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. 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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