470 EAST 40 STREET
470 EAST 40 STREET is a Class B3 (two-family converted) building in Brooklyn (BBL 3049390011) built in 1945, with 2 residential units across 2 floors.
The building is in NYC community district 317, council district 45, zoning district R4, on a 2,732-square-foot lot with a building footprint of 1,396 square feet.
The current registered owner of record per NYC PLUTO is KSB CAPITAL CORP..
The most recent ACRIS deed transfer for this BBL was recorded on July 28, 2022 when BALAN, MICHELINE conveyed the property to KSB CAPITAL CORP. for $70K. 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
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R4
- Lot size:
- 2,732 sqft
- Building area:
- 1,396 sqft
- Floors:
- 1.5
- Assessed value:
- $41K
- Community district:
- 317
- Council district:
- 45
HPD violations
Recent HPD violation details
- Class IInspected Apr 1, 2022§ 27-2142 ADM CODE - THE PREMISES OR APTS. HAVE BEEN VACATED BY THE DEPARTMENT AND CANNOT BE REOCCUPIED UNTIL SO ORDERED AFTER PROOF OF COMP…
- Class BInspected Mar 16, 2022§ 27-2087 ADM CODE - DISCONTINUE USE OF ROOMS FOR LIVING, DISCONNECT PLUMBING FIXTURES WHERE ILLEGAL AND PROPERLY SEAL PIPE CONNECTIONS AT W…
- Class BInspected Mar 16, 2022§ 27-2073 ADM CODE - DISCONTINUE UNLAWFUL COOKING SPACE OR FILE PLANS AND APPLICATION WITH THIS DEPARTMENT TO LEGALIZE SAME, IF LAWFULLY FEA…
- Class BInspected Mar 16, 2022§ 9, 170, 171, 300, 301, 302 M.D.LAW-FILE PLANS AND APPLICATION AND OBTAIN A CERTIFICATE OF OCCUPANCY TO LEGALIZE THE CONVERSION FROM A PRIV…
- Class BInspected Jul 5, 2011HMC ADM CODE: § 27-2018.4 ABATE THE NUISANCE CONSISTING OF BEDBUGS IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORY
Recent ACRIS activity
Frequently asked questions about 470 EAST 40 STREET
Who owns 470 EAST 40 STREET?
The current registered owner of record for 470 EAST 40 STREET per NYC PLUTO is KSB CAPITAL CORP.. The most recent ACRIS deed transfer for this BBL was recorded on July 28, 2022 when the property was conveyed to KSB CAPITAL CORP.. 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 470 EAST 40 STREET last sold?
The most recent ACRIS deed transfer for 470 EAST 40 STREET was recorded on July 28, 2022, when BALAN, MICHELINE conveyed the property to KSB CAPITAL CORP. for $70K. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 470 EAST 40 STREET have?
No open HPD housing-maintenance code violations are on record for 470 EAST 40 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 470 EAST 40 STREET?
NYC Department of Finance assesses 470 EAST 40 STREET at $41K 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 470 EAST 40 STREET and what does that mean?
470 EAST 40 STREET is NYC building class B3 — Two-family converted. A two-family dwelling that was converted from a one-family. 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.