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NYC Building Records · BBL 3065170002

406 AVENUE I

Brooklyn · Block 6517 · Lot 2 · One-family two-story (Class A1)

406 AVENUE I is a Class A1 (one-family two-story) building in Brooklyn (BBL 3065170002) built in 1920, with 1 residential unit across 2 floors.

The building is in NYC community district 312, council district 44, zoning district R3-1, on a 2,500-square-foot lot with a building footprint of 1,504 square feet.

The current registered owner of record per NYC PLUTO is FRANCO, IRVING MICHAEL.

The most recent ACRIS deed transfer for this BBL was recorded on December 15, 2021 when 406 AVENUE I TRUST; JEREMY MARC LANGNER, AS TRUSTEE conveyed the property to FRANCO, ODETTE; FRANCO, IRVING MICHAEL for $1.30M. The transaction was financed with a $1.04M mortgage from Mers.

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

FRANCO, IRVING MICHAEL

Most recent deed

Last transferred on Dec 15, 2021 for $1.3M to FRANCO, ODETTE; FRANCO, IRVING MICHAEL.
Previous owner: 406 AVENUE I TRUST; JEREMY MARC LANGNER, AS TRUSTEE
Mortgage: $1.0M recorded Dec 15, 2021 with Mers. Loan-to-value: 80%.
🔒 See all transfers before the 2021 sale →

Recent ACRIS documents (last 3)

DateTypeAmountParties
Dec 15, 2021MTGE$1.0MParties redacted — full names in MetroDeeds Scout+
Dec 15, 2021DEED$1.3MParties redacted — full names in MetroDeeds Scout+
Dec 15, 2007DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 3 redacted buyer/seller names above →

Building stats

Units
1
Year built
1920
Class
A1
Borough
Brooklyn
Zoning:
R3-1
Lot size:
2,500 sqft
Building area:
1,504 sqft
Floors:
2
Assessed value:
$94K
Community district:
312
Council district:
44

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

3 documents in the last 5 years (most recent Dec 15, 2021).

Frequently asked questions about 406 AVENUE I

Who owns 406 AVENUE I?

The current registered owner of record for 406 AVENUE I per NYC PLUTO is FRANCO, IRVING MICHAEL. The most recent ACRIS deed transfer for this BBL was recorded on December 15, 2021 when the property was conveyed to FRANCO, ODETTE; FRANCO, IRVING MICHAEL. 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 406 AVENUE I last sold?

The most recent ACRIS deed transfer for 406 AVENUE I was recorded on December 15, 2021, when 406 AVENUE I TRUST; JEREMY MARC LANGNER, AS TRUSTEE conveyed the property to FRANCO, ODETTE; FRANCO, IRVING MICHAEL for $1.30M. The transaction was financed with a $1.04M mortgage from Mers.

How many HPD violations does 406 AVENUE I have?

No open HPD housing-maintenance code violations are on record for 406 AVENUE I. 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 406 AVENUE I?

NYC Department of Finance assesses 406 AVENUE I at $94K 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 406 AVENUE I and what does that mean?

406 AVENUE I is NYC building class A1 — One-family two-story. A single-family detached two-story dwelling. 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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