51 BAY 7 STREET
51 BAY 7 STREET is a Class B1 (two-family brick) building in Brooklyn (BBL 3063580012) built in 1930, with 2 residential units across 2 floors.
The building is in NYC community district 311, council district 50, zoning district R4, on a 2,320-square-foot lot with a building footprint of 2,160 square feet.
The current registered owner of record per NYC PLUTO is YJ 51 INC..
The most recent ACRIS deed transfer for this BBL was recorded on December 12, 2023 when CRACCHIOLO, JOHN; CRACCHIOLO JR, JOHN conveyed the property to YJ 51 INC. for $1.30M. The transaction was financed with a $600K mortgage from Cathay Bank.
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 2)
Building stats
- Zoning:
- R4
- Lot size:
- 2,320 sqft
- Building area:
- 2,160 sqft
- Floors:
- 2
- Assessed value:
- $84K
- Community district:
- 311
- Council district:
- 50
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 51 BAY 7 STREET
Who owns 51 BAY 7 STREET?
The current registered owner of record for 51 BAY 7 STREET per NYC PLUTO is YJ 51 INC.. The most recent ACRIS deed transfer for this BBL was recorded on December 12, 2023 when the property was conveyed to YJ 51 INC.. 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 51 BAY 7 STREET last sold?
The most recent ACRIS deed transfer for 51 BAY 7 STREET was recorded on December 12, 2023, when CRACCHIOLO, JOHN; CRACCHIOLO JR, JOHN conveyed the property to YJ 51 INC. for $1.30M. The transaction was financed with a $600K mortgage from Cathay Bank.
How many HPD violations does 51 BAY 7 STREET have?
No open HPD housing-maintenance code violations are on record for 51 BAY 7 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 51 BAY 7 STREET?
NYC Department of Finance assesses 51 BAY 7 STREET at $84K 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 51 BAY 7 STREET and what does that mean?
51 BAY 7 STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. 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.