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NYC Building Records · BBL 3063960050

8706 16 AVENUE

Brooklyn · Block 6396 · Lot 50 · Walk-up, 3+ families (Class C0)

8706 16 AVENUE is a Class C0 (walk-up, 3+ families) building in Brooklyn (BBL 3063960050) built in 1955, with 3 residential units across 1 floor.

The building is in NYC community district 311, council district 50, zoning district R4, on a 1,940-square-foot lot with a building footprint of 1,828 square feet.

The current registered owner of record per NYC PLUTO is LI, HONGMEI.

The most recent ACRIS deed transfer for this BBL was recorded on May 26, 2022 when JOSEPH PATULLO, AS TRUSTEE; THE PATULLO PREMISES TRUST conveyed the property to LI, HONGMEI for $1.28M. The transaction was financed with a $771K mortgage from Mers; East West 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

LI, HONGMEI

Most recent deed

Last transferred on May 26, 2022 for $1.3M to LI, HONGMEI.
Previous owner: JOSEPH PATULLO, AS TRUSTEE; THE PATULLO PREMISES TRUST
Mortgage: $771K recorded May 26, 2022 with Mers; East West Bank. Loan-to-value: 60%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 2)

DateTypeAmountParties
May 26, 2022MTGE$771KParties redacted — full names in MetroDeeds Scout+
May 26, 2022DEED$1.3MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
3
Year built
1955
Class
C0
Borough
Brooklyn
Zoning:
R4
Lot size:
1,940 sqft
Building area:
1,828 sqft
Floors:
1
Assessed value:
$52K
Community district:
311
Council district:
50

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

2 documents in the last 5 years (most recent May 26, 2022).

Frequently asked questions about 8706 16 AVENUE

Who owns 8706 16 AVENUE?

The current registered owner of record for 8706 16 AVENUE per NYC PLUTO is LI, HONGMEI. The most recent ACRIS deed transfer for this BBL was recorded on May 26, 2022 when the property was conveyed to LI, HONGMEI. 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 8706 16 AVENUE last sold?

The most recent ACRIS deed transfer for 8706 16 AVENUE was recorded on May 26, 2022, when JOSEPH PATULLO, AS TRUSTEE; THE PATULLO PREMISES TRUST conveyed the property to LI, HONGMEI for $1.28M. The transaction was financed with a $771K mortgage from Mers; East West Bank.

How many HPD violations does 8706 16 AVENUE have?

No open HPD housing-maintenance code violations are on record for 8706 16 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 8706 16 AVENUE?

NYC Department of Finance assesses 8706 16 AVENUE at $52K 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 8706 16 AVENUE and what does that mean?

8706 16 AVENUE is NYC building class C0 — Walk-up, 3+ families. A 3-to-6-story walk-up apartment building (no elevator), 3 or more 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.

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