501 16 STREET
501 16 STREET is a Class B9 (two-family misc) building in Brooklyn (BBL 3011060055) built in 1901, with 2 residential units across 2 floors.
The building is in NYC community district 307, council district 39, zoning district R5B, on a 1,925-square-foot lot with a building footprint of 2,685 square feet.
The current registered owner of record per NYC PLUTO is MICHAEL CLOHERTY, TRUSTEE.
The most recent ACRIS deed transfer for this BBL was recorded on December 22, 2021 when CLOHERTY, MICHAEL; PAPAGEORGE, ALEXIS conveyed the property to MICHAEL CLOHERTY, TRUSTEE; ALEXIS PAPAGEORGE, TRUSTEE; CLOHERTY FAMILY REVOCABLE TRUST for a non-disclosed consideration. 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:
- R5B
- Lot size:
- 1,925 sqft
- Building area:
- 2,685 sqft
- Floors:
- 2
- Assessed value:
- $198K
- Community district:
- 307
- Council district:
- 39
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 501 16 STREET
Who owns 501 16 STREET?
The current registered owner of record for 501 16 STREET per NYC PLUTO is MICHAEL CLOHERTY, TRUSTEE. The most recent ACRIS deed transfer for this BBL was recorded on December 22, 2021 when the property was conveyed to MICHAEL CLOHERTY, TRUSTEE; ALEXIS PAPAGEORGE, TRUSTEE; CLOHERTY FAMILY REVOCABLE TRUST. 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 501 16 STREET last sold?
The most recent ACRIS deed transfer for 501 16 STREET was recorded on December 22, 2021, when CLOHERTY, MICHAEL; PAPAGEORGE, ALEXIS conveyed the property to MICHAEL CLOHERTY, TRUSTEE; ALEXIS PAPAGEORGE, TRUSTEE; CLOHERTY FAMILY REVOCABLE TRUST for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 501 16 STREET have?
No open HPD housing-maintenance code violations are on record for 501 16 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 501 16 STREET?
NYC Department of Finance assesses 501 16 STREET at $198K 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 501 16 STREET and what does that mean?
501 16 STREET is NYC building class B9 — Two-family misc. Miscellaneous two-family 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.