551 ALBANY AVENUE
551 ALBANY AVENUE is a Class C1 (walk-up, over six families) building in Brooklyn (BBL 3048000008) built in 1899, with 8 residential units across 4 floors.
The building is in NYC community district 309, council district 40, zoning district R6, on a 2,020-square-foot lot with a building footprint of 5,985 square feet.
The current registered owner of record per NYC PLUTO is 551 ALBANY AVE, LLC.
The most recent ACRIS deed transfer for this BBL was recorded on March 24, 2023 when JG FUNDING CORP. conveyed the property to 551 ALBANY AVE, LLC for $1.96M. The transaction was financed with a $1.36M mortgage from Fairbridge Strategic Capital Llc.
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:
- R6
- Lot size:
- 2,020 sqft
- Building area:
- 5,985 sqft
- Floors:
- 4
- Assessed value:
- $377K
- Community district:
- 309
- Council district:
- 40
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 551 ALBANY AVENUE
Who owns 551 ALBANY AVENUE?
The current registered owner of record for 551 ALBANY AVENUE per NYC PLUTO is 551 ALBANY AVE, LLC. The most recent ACRIS deed transfer for this BBL was recorded on March 24, 2023 when the property was conveyed to 551 ALBANY AVE, 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 551 ALBANY AVENUE last sold?
The most recent ACRIS deed transfer for 551 ALBANY AVENUE was recorded on March 24, 2023, when JG FUNDING CORP. conveyed the property to 551 ALBANY AVE, LLC for $1.96M. The transaction was financed with a $1.36M mortgage from Fairbridge Strategic Capital Llc.
How many HPD violations does 551 ALBANY AVENUE have?
No open HPD housing-maintenance code violations are on record for 551 ALBANY AVENUE. 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 551 ALBANY AVENUE?
NYC Department of Finance assesses 551 ALBANY AVENUE at $377K 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 551 ALBANY AVENUE and what does that mean?
551 ALBANY AVENUE is NYC building class C1 — Walk-up, over six families. A 3-to-6-story walk-up apartment building with more than 6 residential units. 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.