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NYC Building Records · BBL 3048260011

554 SCHENECTADY AVENUE

Brooklyn · Block 4826 · Lot 11 · Two-family brick (Class B1)

554 SCHENECTADY AVENUE is a Class B1 (two-family brick) building in Brooklyn (BBL 3048260011) built in 1945, with 2 residential units across 1 floor.

The building is in NYC community district 309, council district 41, zoning district R6, on a 2,050-square-foot lot with a building footprint of 2,472 square feet.

The current registered owner of record per NYC PLUTO is MARGOLIS, PAULO.

The most recent ACRIS deed transfer for this BBL was recorded on July 12, 2021 when KRISTAHN, ANDRE; KRISTAHN, GIEDRE conveyed the property to MARGOLIS, PAULO; MARGOLIS, NECHAMA for $1.25M. The transaction was financed with a $1000K mortgage from Mers; The Federal Savings 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

MARGOLIS, PAULO

Most recent deed

Last transferred on Jul 12, 2021 for $1.3M to MARGOLIS, PAULO; MARGOLIS, NECHAMA.
Previous owner: KRISTAHN, ANDRE; KRISTAHN, GIEDRE
Mortgage: $1000K recorded Jul 12, 2021 with Mers; The Federal Savings Bank. Loan-to-value: 80%.
🔒 See all transfers before the 2021 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Jul 12, 2021MTGE$1000KParties redacted — full names in MetroDeeds Scout+
Jul 12, 2021DEED$1.3MParties redacted — full names in MetroDeeds Scout+
Nov 24, 2020DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Apr 24, 2018DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Nov 28, 2016MTGE$450KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
1945
Class
B1
Borough
Brooklyn
Zoning:
R6
Lot size:
2,050 sqft
Building area:
2,472 sqft
Floors:
1
Assessed value:
$59K
Community district:
309
Council district:
41

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Jul 12, 2021).

Frequently asked questions about 554 SCHENECTADY AVENUE

Who owns 554 SCHENECTADY AVENUE?

The current registered owner of record for 554 SCHENECTADY AVENUE per NYC PLUTO is MARGOLIS, PAULO. The most recent ACRIS deed transfer for this BBL was recorded on July 12, 2021 when the property was conveyed to MARGOLIS, PAULO; MARGOLIS, NECHAMA. 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 554 SCHENECTADY AVENUE last sold?

The most recent ACRIS deed transfer for 554 SCHENECTADY AVENUE was recorded on July 12, 2021, when KRISTAHN, ANDRE; KRISTAHN, GIEDRE conveyed the property to MARGOLIS, PAULO; MARGOLIS, NECHAMA for $1.25M. The transaction was financed with a $1000K mortgage from Mers; The Federal Savings Bank.

How many HPD violations does 554 SCHENECTADY AVENUE have?

No open HPD housing-maintenance code violations are on record for 554 SCHENECTADY 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 554 SCHENECTADY AVENUE?

NYC Department of Finance assesses 554 SCHENECTADY AVENUE at $59K 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 554 SCHENECTADY AVENUE and what does that mean?

554 SCHENECTADY AVENUE 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.

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