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309 Gold Street

Brooklyn · Parcel 3001340001
256
Residential units
2013
Year built
235,382 sq ft
Building area
8
Open violations
$32,432,400
Assessed value

Analysis

AI-generated Risk: Medium

The property offers upside from a low price per unit and strong market‑value gap, but medium risk stems from safety penalties, over‑building and existing violations.

The good

  • market value on record ($72,072,000) is more than double the assessed value ($32,432,400)
  • price per unit ($74,219) is low relative to market value, indicating potential upside
  • building is relatively new (built 2013) with 36 floors and large average unit size (771 sq ft)
  • no arm's‑length sale since 2012 suggests stable ownership

The bad

  • safety violation penalties of $18,000 are outstanding and indicate compliance risk
  • building is over‑built for residential use (built FAR 13.85 exceeds residential limit 10)
  • 8 open violations remain unresolved
  • no unused buildable square footage means no expansion opportunity

Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.

What the numbers say

Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.

Already larger than residential zoning would allow

The building occupies a floor-area ratio of 13.85, against a residential limit of 10.00 — it is over that limit by 3.85. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.

A light open-violation load

Only 8 violations are currently open across 256 residential units, with $0.00 outstanding. For a building of this age that is a modest figure.

Last recorded sale

Recorded at $19,000,000 on 14 Jun 2012 — $74,219 per residential unit, $81 per built square foot, 0.59× the assessed value.

Assessed value trend

Assessed value has risen 4.6% across the 5 assessment years on record (2023 to 2027), standing at $32,432,400. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.

Development & zoning

Floor-area ratio

Built13.85
Residential limit10.00
Commercial limit10.00
Community-facility limit10.00

Development headroom (calculated) calculated

Highest permitted ratio10.00
Unused ratio-3.85
Unused buildable area—
Lot area17,000 sq ft

Value & taxes

Assessment

Assessed total$32,432,400
Assessed land$1,147,500
Assessed building$31,284,900
Market value on record$72,072,000
Assessed as % of market45.0%

Tax

Tax class2
Taxable assessed$30,569,950
Tax rate12.502%
Estimated annual levy$3,821,855.15
Tax exemption (assessed value)421-a — $6,367,576 (through 2028)

The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.

Assessed value by year

YearAssessed valueChange
2027$32,432,400—
2026$31,557,150+2.8%
2025$30,760,200+2.6%
2024$31,017,600-0.8%
2023$30,996,900+0.1%

Building & occupancy

Structure

Year built2013
Floors36
Building area235,382 sq ft
Residential area197,322 sq ft
Commercial area38,060 sq ft

Occupancy

Total units258
Residential units256
Rent-stabilized255
Free Market / Other1
Storefronts2
Residential Avg unit size771 sq ft (calculated)
Commercial Avg unit size19,030 sq ft (calculated)
Building classD6

Neighborhood, risk & energy

Neighborhood & transit

Nearest subwayJay St-MetroTech (R) — 0.25 mi
School district13
Police precinct84
Nearest firehouseBrooklyn Borough Command/Division 11/Battalion 31/Engine 207/Ladder 110 — 172 Tillary Street

Location risk

Flood zoneMinimal hazard (Zone X)
Hurricane evacuation zoneZone 4
Environmental restrictionHazardous materials, noise
Cleanup siteEnvironmental cleanup site (completed)
City emergency repairs3 orders — $86,729 billed (through 2020)
Evictions on record3 (most recent 2019)

Building compliance

FacadeRepairs required

Record activity

Compliance calculated

Open violations8
Open per residential unit0.0 (calculated)
Enforcement penalties$0.00
Safety-violation penaltiesNot available
Total penalties owed$18,000.00 (calculated)
On tax-lien sale listNo

Activity

Complaints recorded271
Permits / alterations78
Recorded documents97
Legal proceedings0

Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.

Ownership & last recorded sale

Owner of record

OwnerBrooklyn Princess LLC
Parcel3001340001
Block134
Lot1
Mortgage on record$39,000,000 (2015) — Wells Fargo Bank, National Association — note assigned
Fixture liens1 active fixture lien

Last recorded transfer

Date14 Jun 2012
Recorded price$19,000,000
Price per unit$74,219
Price vs assessed0.59×

Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.

Open violations

Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.

IssuedCategoryClassStatusAmount dueDescription
10 Oct 2025BuildingElevatorsActive—Violation Issued-Failure To File 2024 Cat1 Test Affirmation of Correction
10 Oct 2025BuildingElevatorsActive—Violation Issued-Failure To File 2024 Cat1 Test Affirmation of Correction
10 Oct 2025BuildingElevatorsActive—Violation Issued-Failure To File 2024 Cat1 Test Affirmation of Correction
23 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2019 Cat1 Test Affirmation of Correction
2 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2022 Periodic Inspection Affirmation of Correction
2 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2022 Periodic Inspection Affirmation of Correction
16 Aug 1993Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED
27 Feb 1945Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED

Complaints

A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.

DateProblemTypeStatusClosed
22 Aug 2026Loud Music/PartyNoise - ResidentialClosed22 Aug 2026
27 Apr 2026Illegal Conversion Of Residential Building/SpaceBuilding/UseAssigned30 Jun 2026
27 Apr 2026Banging/PoundingNoise - ResidentialClosed27 Apr 2026
19 Apr 2026Lead Kit Request (Residential) (L10LeadClosed20 Apr 2026
6 Apr 2026Loud Music/PartyNoise - Street/SidewalkClosed6 Apr 2026
24 Mar 2026Loud Music/PartyNoise - Street/SidewalkClosed24 Mar 2026
19 Mar 2026CEILINGPAINT/PLASTERClosed23 Mar 2026
12 Mar 2026Banging/PoundingNoise - ResidentialClosed12 Mar 2026
16 Feb 2026Posted Parking Sign ViolationIllegal ParkingClosed17 Feb 2026
16 Feb 2026Loud Music/PartyNoise - Street/SidewalkClosed16 Feb 2026
16 Feb 2026Loud Music/PartyNoise - Street/SidewalkClosed16 Feb 2026
7 Feb 2026Loud Music/PartyNoise - ResidentialClosed8 Feb 2026
1 Feb 2026GARBAGE/RECYCLING STORAGEUNSANITARY CONDITIONClosed23 Mar 2026
31 Jan 2026APARTMENT ONLYHEAT/HOT WATERClosed31 Jan 2026
26 Jan 2026HEAVY FLOWWATER LEAKClosed1 Feb 2026
26 Jan 2026HEAVY FLOWWATER LEAKClosed12 Feb 2026
26 Jan 2026APARTMENT ONLYHEAT/HOT WATERClosed31 Jan 2026
3 Jan 2026Parking Permit Improper UseIllegal ParkingClosed3 Jan 2026
24 Nov 2025REFRIGERATORAPPLIANCEClosed1 Feb 2026
24 Oct 2025Electrical Wiring Defective/ExposedElectricalClosed25 Oct 2025
22 Sep 2025SLOW LEAKWATER LEAKClosed20 Oct 2025
22 Sep 2025Banging/PoundingNoise - ResidentialClosed22 Sep 2025
3 Sep 2025Parking Permit Improper UseIllegal ParkingClosed3 Sep 2025
29 Jul 2025MOLDUNSANITARY CONDITIONClosed7 Aug 2025
29 Jul 2025FLOORFLOORING/STAIRSClosed7 Aug 2025
29 Jul 2025VENTILATION SYSTEMGENERALClosed7 Aug 2025
29 Jul 2025SLOW LEAKWATER LEAKClosed7 Aug 2025
21 Jul 2025VENTILATION SYSTEMGENERALClosed14 Aug 2025
5 Jul 2025VENTILATION SYSTEMGENERALClosed15 Jul 2025
5 Jul 2025REFRIGERATORAPPLIANCEClosed15 Jul 2025
30 Jun 2025Pet/AnimalFood EstablishmentClosed29 Aug 2025
25 Jun 2025ChronicHomeless Person AssistanceClosed26 Jun 2025
17 Jun 2025Broken GlassDirty ConditionClosed18 Jun 2025
10 Jun 2025FLOORFLOORING/STAIRSClosed23 Jul 2025
30 May 2025Double Parked Blocking TrafficIllegal ParkingClosed30 May 2025
27 May 2025MOLDUNSANITARY CONDITIONClosed28 May 2025
27 May 2025SEWAGEUNSANITARY CONDITIONClosed28 May 2025
27 May 2025FLOORFLOORING/STAIRSClosed28 May 2025
19 May 2025DogUnsanitary Animal Pvt PropertyClosed19 May 2025
4 May 2025Posted Parking Sign ViolationIllegal ParkingClosed4 May 2025
13 Feb 2025Parking Permit Improper UseIllegal ParkingClosed13 Feb 2025
13 Feb 2025Posted Parking Sign ViolationIllegal ParkingClosed13 Feb 2025
22 Jan 2025APARTMENT ONLYHEAT/HOT WATERClosed25 Jan 2025
3 Dec 2024APARTMENT ONLYHEAT/HOT WATERClosed7 Dec 2024
27 Sep 2024VENTILATION SYSTEMGENERALClosed27 Oct 2024
18 Sep 2024Blocked SidewalkIllegal ParkingClosed18 Sep 2024
14 Sep 2024Blocked SidewalkIllegal ParkingClosed15 Sep 2024
12 Sep 2024HEAVY FLOWWATER LEAKClosed7 Oct 2024
12 Sep 2024POWER OUTAGEELECTRICClosed7 Oct 2024
3 Sep 2024Driver Complaint - Non PassengerFor Hire Vehicle ComplaintClosed9 Apr 2025

Showing the 50 most recent of 150. The full set is available in the interactive report.

Permits & alterations

The absence of a permit does not prove no work was done — it may equally mean work was done without one.

IssuedTypeStatusWork
10 Apr 2013A3ISSUED—
29 Mar 2013A2ISSUED—
29 Mar 2013NBRE-ISSUED—
29 Mar 2013NBISSUED—
29 Mar 2013A2ISSUED—
29 Mar 2013A2ISSUED—
7 Mar 2013A3ISSUED—
3 Jan 2013NBISSUED—
8 Nov 2012NBRE-ISSUED—
8 Nov 2012NBISSUED—
7 Nov 2012DMISSUED—
7 Nov 2012DMISSUED—
30 Jul 2012A2RE-ISSUED—
23 Jul 2012NBISSUED—
14 Jun 2012NBISSUED—
14 Jun 2012NBRE-ISSUED—
13 Nov 2009A2ISSUED—
13 Nov 2009A2ISSUED—
16 May 2008A2ISSUED—
25 Apr 2008A3ISSUED—
30 Jan 2008NBISSUED—
30 Jan 2008NBISSUED—
19 Sep 2007A3ISSUED—
10 Jul 2007A3ISSUED—
18 Apr 2007A2ISSUED—
13 Apr 2007NBISSUED—
13 Apr 2007NBRE-ISSUED—
29 Nov 2006DMISSUED—
29 Nov 2006DMISSUED—
24 Oct 2006DMISSUED—
24 Oct 2006DMISSUED—
24 Oct 2006DMISSUED—
24 Oct 2006DMISSUED—
20 Oct 2006DMISSUED—
20 Oct 2006DMISSUED—
20 Oct 2006DMISSUED—
20 Oct 2006DMISSUED—
17 Oct 2006A3ISSUED—
13 Oct 2006DMISSUED—
13 Oct 2006DMISSUED—
8 Mar 2006A1ISSUED—
3 Mar 2006A1ISSUED—
3 Mar 2006A1ISSUED—
11 Jan 2006A3ISSUED—
3 Jan 2006DMISSUED—
28 Dec 2005DMISSUED—
28 Dec 2005DMISSUED—
28 Dec 2005DMISSUED—
5 Dec 2005A3ISSUED—
4 Nov 2005DMISSUED—

Showing the 50 most recent of 78. The full set is available in the interactive report.

Recorded documents

Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.

RecordedTypeAmountFromTo
14 Jul 2023Assignment———
14 Jul 2023Agreement$94,865,000——
14 Jul 2023AL&R$94,865,000——
23 Sep 2015SAGE———
17 Sep 2015SAGE———
31 Aug 2015Mortgage$39,000,000——
31 Aug 2015Agreement$108,000,000——
10 Apr 2014Mortgage$18,645,000——
10 Apr 2014Mortgage$6,355,000——
2 May 2013Assignment———
2 May 2013Mortgage$4,000,000——
2 May 2013Mortgage$24,000,000——
2 May 2013Agreement$16,000,000——
21 Feb 2013CERT———
21 Feb 2013ZONE———
27 Aug 2012Deed———
15 Jun 2012SMIS———
14 Jun 2012Assignment———
14 Jun 2012Satisfaction of mortgage———
14 Jun 2012TL&R———
14 Jun 2012Agreement$16,000,000——
14 Jun 2012Deed$19,000,000——
14 Jun 2012CERR———
14 Jun 2012Assignment———
20 Dec 2011AALR———
20 Dec 2011Assignment———
20 Dec 2011Assignment———
20 Dec 2011AALR———
15 Dec 2011Assignment———
23 Nov 2011TLS———
6 Oct 2009Assignment———
2 Mar 2009Assignment———
26 Dec 2008Mortgage$23,000,000——
23 Apr 2008Deed———
10 Apr 2008Satisfaction of mortgage———
5 Mar 2008ZONE———
5 Mar 2008CERT———
2 Nov 2007Assignment———
2 Nov 2007Agreement$11,000,000——
2 Nov 2007Assignment———
2 Nov 2007Assignment———
22 Oct 2007Assignment———
22 Oct 2007AL&R$23,000,000——
22 Oct 2007TL&R———
22 Oct 2007TL&R———
22 Oct 2007Mortgage$2,000,000——
22 Oct 2007Assignment———
22 Oct 2007Agreement$23,000,000——
25 Sep 2007SPRD$6,000,000——
27 Aug 2007Mortgage$3,000,000——

Showing the 50 most recent of 97. The full set is available in the interactive report.

About this page

Compiled from New York City public records — data retrieved 1 day ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.

This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.