503 EAST 49 STREET
503 EAST 49 STREET is a Class B3 (two-family converted) building in Brooklyn (BBL 3047210063) built in 1920, with 2 residential units across 2 floors.
The building is in NYC community district 317, council district 45, zoning district R5, on a 2,000-square-foot lot with a building footprint of 1,508 square feet.
The current registered owner of record per NYC PLUTO is JOLLY, RASHEDA.
The most recent ACRIS deed transfer for this BBL was recorded on May 13, 2022 when ICELAND PROPERTIES LLC conveyed the property to JOLLY, RASHEDA for $930K. The transaction was financed with a $930K mortgage from Bank Of America, N.a..
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 18, 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
HPD registered contacts
- Head OfficerSHIMON SABAH
- Corporate OwnerICELAND PROPERTIES LLC
- Managing AgentICELAND DPROPERTIES LLC
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R5
- Lot size:
- 2,000 sqft
- Building area:
- 1,508 sqft
- Floors:
- 2
- Assessed value:
- $41K
- Community district:
- 317
- Council district:
- 45
HPD violations
Recent HPD violation details
- 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 IInspected Dec 3, 2024§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 IInspected Nov 28, 2023§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 IInspected Nov 17, 2022§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 Nov 7, 2021§ 27-2005, 2006, 2037 HMC: PROPERLY REPAIR AND ABATE UNSAFE ELECTRIC WIRING CONDITION CONSISTING OF EXPOSED ELECTRICAL WIRES AT WEST WALL AT…
Recent ACRIS activity
Frequently asked questions about 503 EAST 49 STREET
Who owns 503 EAST 49 STREET?
The current registered owner of record for 503 EAST 49 STREET per NYC PLUTO is JOLLY, RASHEDA. The most recent ACRIS deed transfer for this BBL was recorded on May 13, 2022 when the property was conveyed to JOLLY, RASHEDA. 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 503 EAST 49 STREET last sold?
The most recent ACRIS deed transfer for 503 EAST 49 STREET was recorded on May 13, 2022, when ICELAND PROPERTIES LLC conveyed the property to JOLLY, RASHEDA for $930K. The transaction was financed with a $930K mortgage from Bank Of America, N.a..
How many HPD violations does 503 EAST 49 STREET have?
No open HPD housing-maintenance code violations are on record for 503 EAST 49 STREET as of May 18, 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 503 EAST 49 STREET?
NYC Department of Finance assesses 503 EAST 49 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 503 EAST 49 STREET and what does that mean?
503 EAST 49 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.