540 ATLANTIC AVENUE
540 ATLANTIC AVENUE is a Class D7 (elevator, post-1929) building in Brooklyn (BBL 3001860012) built in 2024, with 160 residential units across 8 floors.
The building is in NYC community district 302, council district 33, zoning district R7A, on a 28,357-square-foot lot with a building footprint of 157,265 square feet.
The current registered owner of record per NYC PLUTO is 540 ATLANTIC REALTY LLC.
The most recent ACRIS deed transfer for this BBL was recorded on November 29, 2023 when DAILY MIRROR ASSOCIATES LLC conveyed the property to 540 ATLANTIC REALTY LLC for $38.00M. The transaction was financed with a $28.29M mortgage from Valley National Bank.
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 OfficerJacob Schwimmer
- Corporate Owner540 ATLANTIC REALTY LLC
- Managing AgentReside NY
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R7A
- Lot size:
- 28,357 sqft
- Building area:
- 157,265 sqft
- Floors:
- 8
- Assessed value:
- $4.3M
- Community district:
- 302
- Council district:
- 33
HPD violations
Recent HPD violation details
- Class AInspected May 11, 2026(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
- Class BInspected Apr 15, 2026§ 27-2053 ADM CODE PROVIDE DWELLING WITH A JANITOR OR RESPONSIBLE PERSON OR JANITORIAL SERVICE.
Recent ACRIS activity
Frequently asked questions about 540 ATLANTIC AVENUE
Who owns 540 ATLANTIC AVENUE?
The current registered owner of record for 540 ATLANTIC AVENUE per NYC PLUTO is 540 ATLANTIC REALTY LLC. The most recent ACRIS deed transfer for this BBL was recorded on November 29, 2023 when the property was conveyed to 540 ATLANTIC REALTY LLC. 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 540 ATLANTIC AVENUE last sold?
The most recent ACRIS deed transfer for 540 ATLANTIC AVENUE was recorded on November 29, 2023, when DAILY MIRROR ASSOCIATES LLC conveyed the property to 540 ATLANTIC REALTY LLC for $38.00M. The transaction was financed with a $28.29M mortgage from Valley National Bank.
How many HPD violations does 540 ATLANTIC AVENUE have?
No open HPD housing-maintenance code violations are on record for 540 ATLANTIC AVENUE 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 540 ATLANTIC AVENUE?
NYC Department of Finance assesses 540 ATLANTIC AVENUE at $4.31M 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 540 ATLANTIC AVENUE and what does that mean?
540 ATLANTIC AVENUE is NYC building class D7 — Elevator, post-1929. A post-1929 elevator apartment building, typically 7+ stories. 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.