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NYC Building Records · BBL 3014840014

940 MADISON STREET

Brooklyn · Block 1484 · Lot 14 · Three-family + store (Class S3)

940 MADISON STREET is a Class S3 (three-family + store) building in Brooklyn (BBL 3014840014) built in 1920, with 4 residential units across 4 floors.

The building is in NYC community district 303, council district 41, zoning district R6, on a 995-square-foot lot with a building footprint of 3,950 square feet.

The current registered owner of record per NYC PLUTO is K BOUNDARIES LLC.

The most recent ACRIS deed transfer for this BBL was recorded on January 24, 2025 when 940 MADISON STREET L.L.C. conveyed the property to K BOUNDARIES LLC for $1.20M. The transaction was financed with a $780K mortgage from Lendsure Mortgage Corp; Mers, Inc..

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 17, 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

K BOUNDARIES LLC
HPD-registered head officer: NATALIA SORKIN

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerNATALIA SORKIN
  • Corporate Owner940 MADISON ST LLC

Most recent deed

Last transferred on Jan 24, 2025 for $1.2M to K BOUNDARIES LLC.
Previous owner: 940 MADISON STREET L.L.C.
Mortgage: $780K recorded Jan 24, 2025 with Lendsure Mortgage Corp; Mers, Inc.. Loan-to-value: 65%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Jan 24, 2025MTGE$780KParties redacted — full names in MetroDeeds Scout+
Jan 24, 2025DEED$1.2MParties redacted — full names in MetroDeeds Scout+
Jun 11, 2021MTGE$1.4MParties redacted — full names in MetroDeeds Scout+
Jan 17, 2008DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
4
Year built
1920
Class
S3
Borough
Brooklyn
Zoning:
R6
Lot size:
995 sqft
Building area:
3,950 sqft
Floors:
4
Assessed value:
$309K
Community district:
303
Council district:
41

HPD violations

0 open
Most severe class on record: Class B
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected May 5, 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 IInspected Nov 20, 2025
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Jun 10, 2025
    (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 AInspected Apr 10, 2024
    (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 AInspected Mar 23, 2023
    (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…
🔒 See full violation history with closure dates →

Recent ACRIS activity

4 documents in the last 5 years (most recent Jan 24, 2025).

Frequently asked questions about 940 MADISON STREET

Who owns 940 MADISON STREET?

The current registered owner of record for 940 MADISON STREET per NYC PLUTO is K BOUNDARIES LLC. The most recent ACRIS deed transfer for this BBL was recorded on January 24, 2025 when the property was conveyed to K BOUNDARIES 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 940 MADISON STREET last sold?

The most recent ACRIS deed transfer for 940 MADISON STREET was recorded on January 24, 2025, when 940 MADISON STREET L.L.C. conveyed the property to K BOUNDARIES LLC for $1.20M. The transaction was financed with a $780K mortgage from Lendsure Mortgage Corp; Mers, Inc..

How many HPD violations does 940 MADISON STREET have?

No open HPD housing-maintenance code violations are on record for 940 MADISON STREET as of May 17, 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 940 MADISON STREET?

NYC Department of Finance assesses 940 MADISON STREET at $309K 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 940 MADISON STREET and what does that mean?

940 MADISON STREET is NYC building class S3 — Three-family + store. A three-family dwelling with one store unit. 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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