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NYC Building Records · BBL 3056450039

974 50 STREET

Brooklyn · Block 5645 · Lot 39 · Walk-up, 3+ families (Class C0)

974 50 STREET is a Class C0 (walk-up, 3+ families) building in Brooklyn (BBL 3056450039) built in 1901, with 3 residential units across 2 floors.

The building is in NYC community district 312, council district 38, zoning district R6, on a 2,003-square-foot lot with a building footprint of 2,145 square feet.

The current registered owner of record per NYC PLUTO is 974 HOLDING INC.

The most recent ACRIS deed transfer for this BBL was recorded on June 28, 2021 when BERTE, SAVERIO C; BERTE, LOUIS C conveyed the property to 974 HOLDING INC for $1.20M. The transaction was financed with a $840K mortgage from Cathay 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

974 HOLDING INC

Most recent deed

Last transferred on Jun 28, 2021 for $1.2M to 974 HOLDING INC.
Previous owner: BERTE, SAVERIO C; BERTE, LOUIS C
Mortgage: $840K recorded Jun 28, 2021 with Cathay Bank. Loan-to-value: 70%.
🔒 See all transfers before the 2021 sale →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Jun 28, 2021MTGE$840KParties redacted — full names in MetroDeeds Scout+
Jun 28, 2021DEED$1.2MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 2 redacted buyer/seller names above →

Building stats

Units
3
Year built
1901
Class
C0
Borough
Brooklyn
Zoning:
R6
Lot size:
2,003 sqft
Building area:
2,145 sqft
Floors:
2
Assessed value:
$80K
Community district:
312
Council district:
38

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

2 documents in the last 5 years (most recent Jun 28, 2021).

Frequently asked questions about 974 50 STREET

Who owns 974 50 STREET?

The current registered owner of record for 974 50 STREET per NYC PLUTO is 974 HOLDING INC. The most recent ACRIS deed transfer for this BBL was recorded on June 28, 2021 when the property was conveyed to 974 HOLDING INC. 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 974 50 STREET last sold?

The most recent ACRIS deed transfer for 974 50 STREET was recorded on June 28, 2021, when BERTE, SAVERIO C; BERTE, LOUIS C conveyed the property to 974 HOLDING INC for $1.20M. The transaction was financed with a $840K mortgage from Cathay Bank.

How many HPD violations does 974 50 STREET have?

No open HPD housing-maintenance code violations are on record for 974 50 STREET. 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 974 50 STREET?

NYC Department of Finance assesses 974 50 STREET at $80K 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 974 50 STREET and what does that mean?

974 50 STREET 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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