416 Kent Avenue
Brooklyn · Parcel 3021280005
245,306 sq ft
Building area
$33,154,650
Assessed value
Analysis
AI-generated Risk: Medium
The building is financially solid with no compliance issues, but the residential over‑building limits future growth and adds risk, reflected in the medium rating.
The good
- No open violations and no enforcement or safety penalties mean no hidden compliance costs.
- Zero legal proceedings and not on a tax lien list indicate clear title and no pending disputes.
- Recent arm's‑length sale in 2015 at $165,000,000 provides a reliable market benchmark.
- Market value on record of $73,677,000 is more than double the assessed value, suggesting strong equity.
The bad
- Built beyond the residential floor‑area limit (over‑built for residential) restricts any future expansion of apartments.
- Unused buildable square footage of 45,151 sq ft reflects a constraint on adding units or amenities.
- High estimated annual property tax of $4,144,994 adds a significant ongoing expense.
- Residential FAR of 5.49 exceeds the limit of 5, confirming the over‑built status.
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 5.49, against a residential limit of 5.00 — it is over that limit by 0.49. 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 higher limit of 6.50 does apply to community-facility use, which produces an apparent 45,151 sq ft of headroom — but that is not residential floor area and is not interchangeable with it. Reading that number as room for more apartments is the most expensive mistake available in this data.
No open violations on record
Nothing is currently outstanding against this property. Closed violations are not counted here — a violation that was raised and then fixed is a problem that went away, and an older building will have accumulated many of them. What matters is what is still open, and here that is nothing.
Last recorded sale
Recorded at $165,000,000 on 26 Feb 2015 — $654,762 per residential unit, $673 per built square foot, 4.98× the assessed value.
Assessed value trend
Assessed value has risen 41.0% across the 5 assessment years on record (2023 to 2027), standing at $33,154,650. 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
| Built | 5.49 |
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| Residential limit | 5.00 |
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| Commercial limit | 0.00 |
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| Community-facility limit | 6.50 |
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Development headroom (calculated) calculated
| Highest permitted ratio | 6.50 |
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| Unused ratio | 1.01 |
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| Unused buildable area | 45,151 sq ft |
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| Lot area | 44,704 sq ft |
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Value & taxes
Assessment
| Assessed total | $33,154,650 |
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| Assessed land | $2,011,500 |
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| Assessed building | $31,143,150 |
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| Market value on record | $73,677,000 |
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| Assessed as % of market | 45.0% |
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Tax
| Tax class | 2 |
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| Taxable assessed | $33,154,650 |
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| Tax rate | 12.502% |
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| Estimated annual levy | $4,144,994.34 |
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| Tax exemption (assessed value) | 421-a — $31,776,300 (through 2055) |
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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
| Year | Assessed value | Change |
|---|
| 2027 | $33,154,650 | — |
| 2026 | $29,429,100 | +12.7% |
| 2025 | $28,136,250 | +4.6% |
| 2024 | $23,528,250 | +19.6% |
| 2023 | $23,509,800 | +0.1% |
Building & occupancy
Structure
| Year built | 2016 |
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| Floors | 22 |
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| Building area | 245,306 sq ft |
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| Residential area | 222,100 sq ft |
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| Commercial area | 23,206 sq ft |
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Occupancy
| Total units | 253 |
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| Residential units | 252 |
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| Rent-stabilized | 65 |
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| Free Market / Other | 187 |
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| Storefronts | 1 |
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| Residential Avg unit size | 881 sq ft (calculated) |
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| Commercial Avg unit size | 23,206 sq ft (calculated) |
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| Building class | D7 |
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Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Marcy Av (M, J, Z) — 0.61 mi |
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| School district | 14 |
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| Police precinct | 90 |
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| Nearest firehouse | Marine Battlion/Marine 6 — Brooklyn Navy Yard Building 292 |
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Location risk
| Flood zone | Moderate — 0.2% annual chance (Zone X) |
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| Hurricane evacuation zone | Zone 1 |
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| Projected floodplain | In the projected 2050s floodplain |
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| Environmental restriction | Hazardous materials, noise |
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| Evictions on record | 2 (most recent 2025) |
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Energy & emissions
| Energy use intensity | 51.6 kBtu/ft² |
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| Greenhouse-gas emissions | 1,125 metric tons/yr |
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Record activity
Compliance calculated
| Open violations | 0 |
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| Open per residential unit | 0.0 (calculated) |
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| Enforcement penalties | $0.00 |
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| Safety-violation penalties | Not available |
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| Total penalties owed | $0.00 (calculated) |
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| On tax-lien sale list | No |
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Activity
| Complaints recorded | 313 |
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| Permits / alterations | 30 |
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| Recorded documents | 97 |
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| Legal proceedings | 0 |
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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
| Owner | 420 Kent Avenue LLC |
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| Parcel | 3021280005 |
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| Block | 2128 |
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| Lot | 5 |
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| Mortgage on record | $36,390,830 (2020) — Kref Lending Iv LLC — note assigned |
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| Fixture liens | 1 active fixture lien |
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Last recorded transfer
| Date | 26 Feb 2015 |
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| Recorded price | $165,000,000 |
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| Price per unit | $654,762 |
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| Price vs assessed | 4.98× |
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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.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
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.
Recorded documents
Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.
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 5 days 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.