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NYC Building Records · BBL 3042310008

497 CHESTNUT STREET

Brooklyn · Block 4231 · Lot 8 · Two-family converted (Class B3)

497 CHESTNUT STREET is a Class B3 (two-family converted) building in Brooklyn (BBL 3042310008) built in 1899, with 2 residential units across 2 floors.

The building is in NYC community district 305, council district 42, zoning district R5, on a 1,580-square-foot lot with a building footprint of 1,872 square feet.

The current registered owner of record per NYC PLUTO is JOY BI JOY DEVELOPMENT CORP..

The most recent ACRIS deed transfer for this BBL was recorded on December 5, 2022 when CARR, JESSIE; GRANT, TYRONE conveyed the property to JOY BI JOY DEVELOPMENT CORP. for $580K. The transaction was recorded as cash (no paired mortgage instrument).

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

JOY BI JOY DEVELOPMENT CORP.
HPD-registered head officer: Shamima Akter

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerShamima Akter
  • Corporate OwnerJoy bi Joy Development Corp
  • Managing AgentJules Business Management & Consulting
  • Site ManagerOliver Toussaint

Most recent deed

Last transferred on Dec 5, 2022 for $580K to JOY BI JOY DEVELOPMENT CORP..
Previous owner: CARR, JESSIE; GRANT, TYRONE
Cash sale: no recorded mortgage tied to this transfer.
🔒 See full deed history for this building →

Recent ACRIS documents (last 3)

DateTypeAmountParties
Dec 5, 2022DEED$580KParties redacted — full names in MetroDeeds Scout+
Mar 18, 2008MTGE$290KParties redacted — full names in MetroDeeds Scout+
Aug 14, 2006MTGE$50KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1899
Class
B3
Borough
Brooklyn
Zoning:
R5
Lot size:
1,580 sqft
Building area:
1,872 sqft
Floors:
2
Assessed value:
$48K
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 full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class IInspected Nov 24, 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 BInspected Feb 21, 2025
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 1F, 2nd STORY, 1st APARTMENT FR…
  • Class AInspected Feb 21, 2025
    § 27-2013 ADMIN. CODE: PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT ALL PEELING PAINT SURFACES IN THE 3rd ROOM FROM…
  • Class BInspected Feb 21, 2025
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1F, 2nd STORY, 1st APARTMENT FROM…
  • Class CInspected Feb 14, 2025
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1F, 2nd STORY, 1st APARTMENT FROM…
🔒 See full violation history with closure dates →

Recent ACRIS activity

3 documents in the last 5 years (most recent Dec 5, 2022).

Frequently asked questions about 497 CHESTNUT STREET

Who owns 497 CHESTNUT STREET?

The current registered owner of record for 497 CHESTNUT STREET per NYC PLUTO is JOY BI JOY DEVELOPMENT CORP.. The most recent ACRIS deed transfer for this BBL was recorded on December 5, 2022 when the property was conveyed to JOY BI JOY DEVELOPMENT 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 497 CHESTNUT STREET last sold?

The most recent ACRIS deed transfer for 497 CHESTNUT STREET was recorded on December 5, 2022, when CARR, JESSIE; GRANT, TYRONE conveyed the property to JOY BI JOY DEVELOPMENT CORP. for $580K. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 497 CHESTNUT STREET have?

No open HPD housing-maintenance code violations are on record for 497 CHESTNUT 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 497 CHESTNUT STREET?

NYC Department of Finance assesses 497 CHESTNUT STREET at $48K 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 497 CHESTNUT STREET and what does that mean?

497 CHESTNUT 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.

More from MetroDeeds

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