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Commercial Street

Brooklyn · Parcel 3024720200
414
Residential units
2019
Year built
343,230 sq ft
Building area
12
Open violations
$42,242,850
Assessed value

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 7.81, against a residential limit of 6.02 — it is over that limit by 1.79. 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.

Unresolved conditions on record

12 violations remain open across 414 residential units (about 0.0 per apartment), against an outstanding penalty balance of $1,250.00. A significant open count with little money attached usually means habitability items that were never certified as corrected, rather than a few expensive enforcement actions — an administrative problem more than a financial one, though it is still a problem.

No arm's-length sale on record

The last recorded transfer is dated 24 Sep 2019 at a recorded price of $0. Transfers between related parties, estate settlements and corrective filings are legitimately recorded at nominal amounts, so this is neither an error nor a bargain — it means there is no usable sale price here, and every ratio derived from one (price per unit, price against assessed value) is therefore withheld rather than shown as zero.

Assessed value trend

Assessed value has risen 125.9% across the 5 assessment years on record (2023 to 2027), standing at $42,242,850. 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

Built7.81
Residential limit6.02
Commercial limit0.00
Community-facility limit6.50

Development headroom (calculated) calculated

Highest permitted ratio6.50
Unused ratio-1.31
Unused buildable area
Lot area43,933 sq ft

Value & taxes

Assessment

Assessed total$42,242,850
Assessed land$2,372,400
Assessed building$39,870,450
Market value on record$93,873,000
Assessed as % of market45.0%

Tax

Tax class2
Taxable assessed$42,242,850
Tax rate12.502%
Estimated annual levy$5,281,201.11
Tax exemption (assessed value)421-a — $41,628,724 (through 2059)

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$42,242,850
2026$37,834,650+11.7%
2025$35,877,600+5.5%
2024$34,225,200+4.8%
2023$18,702,000+83.0%

Building & occupancy

Structure

Year built2019
Floors31
Building area343,230 sq ft
Residential area313,563 sq ft
Commercial area29,667 sq ft

Occupancy

Total units416
Residential units414
Rent-stabilized127
Free Market / Other287
Storefronts1
Residential Avg unit size757 sq ft (calculated)
Commercial Avg unit size14,834 sq ft (calculated)
Building classD7

Neighborhood, risk & energy

Neighborhood & transit

Nearest subwayVernon Blvd-Jackson Av (7) — 0.45 mi
School district14
Police precinct94
Nearest firehouseEngine 238/Ladder 106 — 205 Greenpoint Ave.

Location risk

Flood zoneHigh-risk (Zone AE)
Hurricane evacuation zoneZone 2
Projected floodplainIn the projected 2050s floodplain
Cleanup siteVoluntary cleanup site (completed)

Energy & emissions

Energy use intensity59.5 kBtu/ft²
Greenhouse-gas emissions1,763 metric tons/yr

Comparable sales

AddressSale datePriceSq ft$/sq ft
99 Commercial Street2024-06-06$27,500,00075,490$364
West Street2018-05-23$106,507,911
5 Blue Slip2018-03-29$911,161

Record activity

Compliance calculated

Open violations12
Open per residential unit0.0 (calculated)
Enforcement penalties$1,250.00
Safety-violation penaltiesNot available
Total penalties owed$1,250.00 (calculated)
On tax-lien sale listNo

Activity

Complaints recorded184
Permits / alterations21
Recorded documents78
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

OwnerBop Greenpoint H-3 LLC
Parcel3024720200
Block2472
Lot200
Mortgage on record$87,961,242 (2021) — Otera Capital Investments Ix Inc. — note assigned
Fixture liens2 active fixture liens

Last recorded transfer

Date24 Sep 2019
Recorded price$0
Price per unitNot meaningful
Price vs assessedNot meaningful

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
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE CLOSURE ARM AT DOOR AT COMPACTOR CLOSET , 17th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 31st STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 26th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 24th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 21st STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 20th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE CLOSURE ARM AT DOOR AT COMPACTOR CLOSET, 20th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 19th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 15th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 14th STORY
24 Jul 2026HousingCNOV SENT OUT27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DOOR AT TRASH CHUTE AT COMPACTOR CLOSET AT COMPACTOR CLOSET, 12th STORY
19 May 2026EnforcementCLASS - 1ACTIVE$1,25097-X-17 THE ELEVATOR IN BUILDING OUT OF SERVICE. UPON INSPECTION THE DEVICE IS FOUND TO BE OUT OF SERVICE CREATING A HAZARDOUS CONDITION AS PER 1RCNY 11-02. REMEDY RESTORE TO SERVICE IMMEDIATELY AND NOTIFY NYCD

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
6 Aug 2026ColorIndustrial WasteClosed6 Aug 2026
3 Aug 2026Loud Music/PartyNoise - ResidentialClosed3 Aug 2026
8 Jul 2026Pet/AnimalFood EstablishmentIn Progress
8 Jul 2026AbsentLifeguardClosed16 Jul 2026
8 Jul 2026AbsentLifeguardClosed16 Jul 2026
24 Jun 2026Car/Truck MusicNoise - VehicleClosed24 Jun 2026
21 Jun 2026Lead Kit Request (Residential) (L10LeadClosed22 Jun 2026
20 Jun 2026Loud TalkingNoise - Street/SidewalkClosed20 Jun 2026
16 Jun 2026Lead Kit Request (Residential) (L10LeadClosed17 Jun 2026
6 Jun 2026Lead Kit Request (Residential) (L10LeadClosed8 Jun 2026
5 Jun 2026Recycling - Paper/Metal/Glass/Rigid PlasticMissed CollectionClosed10 Jun 2026
2 Jun 2026FIRE ESCAPESAFETYClosed3 Jun 2026
30 May 2026Loud Music/PartyNoise - Street/SidewalkClosed31 May 2026
28 May 2026Loud Music/PartyNoise - Street/SidewalkClosed29 May 2026
28 May 2026Allowed in Smoke Free AreaSmoking or VapingClosed27 Jul 2026
23 May 2026Loud TalkingNoise - Street/SidewalkClosed23 May 2026
17 May 2026Blocked HydrantIllegal ParkingClosed18 May 2026
11 May 2026Car/Truck MusicNoise - VehicleClosed11 May 2026
10 May 2026Loud TalkingNoise - Street/SidewalkClosed10 May 2026
9 May 2026GraffitiGraffitiClosed1 Jul 2026
2 May 2026Blocked HydrantIllegal ParkingClosed2 May 2026
2 May 2026Loud Music/PartyNoise - ResidentialClosed2 May 2026
2 May 2026Loud Music/PartyNoise - ResidentialClosed2 May 2026
30 Apr 2026Unleashed Dog in PublicUnleashed DogClosed7 May 2026
26 Apr 2026Loud TalkingNoise - ResidentialClosed26 Apr 2026
23 Apr 2026Blocked HydrantIllegal ParkingClosed23 Apr 2026
14 Apr 2026Blocked CrosswalkIllegal ParkingClosed15 Apr 2026
13 Apr 2026Waste Not SeparatedResidential Disposal ComplaintClosed14 Apr 2026
12 Apr 2026APARTMENT ONLYHEAT/HOT WATERClosed13 Apr 2026
26 Mar 2026TrashDirty ConditionClosed28 Mar 2026
25 Mar 2026Elevator - Multiple Devices On PropertyElevatorClosed22 May 2026
14 Mar 2026Loud Music/PartyNoise - ResidentialClosed14 Mar 2026
14 Mar 2026Loud Music/PartyNoise - ResidentialClosed14 Mar 2026
10 Mar 2026Spilled GarbageSanitation Worker or Vehicle ComplaintClosed1 Apr 2026
8 Mar 2026Loud Music/PartyNoise - ResidentialClosed8 Mar 2026
26 Feb 2026Blocked HydrantIllegal ParkingClosed26 Feb 2026
24 Feb 2026Trash or RecyclingObstructionClosed25 Feb 2026
24 Feb 2026SidewalkSnow or IceClosed1 Mar 2026
22 Feb 2026Lead Kit Request (Residential) (L10LeadClosed24 Feb 2026
19 Feb 2026Bin Not UsedResidential Disposal ComplaintClosed19 Feb 2026
14 Feb 2026Loud TalkingNoise - ResidentialClosed14 Feb 2026
8 Feb 2026APARTMENT ONLYHEAT/HOT WATERClosed13 Feb 2026
28 Jan 2026Garage or Parking LotConsumer ComplaintClosed13 Feb 2026
24 Jan 2026Loud Music/PartyNoise - ResidentialClosed24 Jan 2026
24 Jan 2026Banging/PoundingNoise - ResidentialClosed24 Jan 2026
24 Jan 2026Loud Music/PartyNoise - ResidentialClosed24 Jan 2026
19 Jan 2026Dirty Water (WEWater SystemClosed4 Mar 2026
19 Jan 2026SidewalkSnow or IceClosed25 Jan 2026
2 Jan 2026Trash or RecyclingObstructionClosed6 Jan 2026
1 Jan 2026Loud Music/PartyNoise - ResidentialClosed1 Jan 2026

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
13 Oct 2022A2ISSUED
11 Mar 2022Sidewalk ShedSigned-offSIDEWALK SHED PROPOSED INSTALLATION OF SIDEWALK SHED AS PER PLAN. NO CHANGE IN USE,EGRESS OR OCCUPANCY
1 Feb 2022A3ISSUED
16 Aug 2021Boiler EquipmentSigned-offInstallation of boilers in conjunction with NB # 321385498
10 Apr 2021Protection and Mechanical MethodsSigned-offLOADING DOCK & RAMP PROPOSED INSTALLATION OF LOADING DOCK & RAMP AS PER PLAN. NO CHANGE IN USE,EGRESS OR OCCUPANCY
24 Mar 2021A3ISSUED
3 Mar 2021Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
28 Feb 2021A3ISSUED
28 Feb 2021A3ISSUED
30 Dec 2020NBISSUED
27 Aug 2020Supported ScaffoldSigned-offINSTALLATION OF TEMPORARY BAKER PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
29 Jul 2020A2ISSUED
24 Jun 2020Supported ScaffoldSigned-offINSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER DRAWINGS. TEMPORARY PIPE SCAFFOLD SHALL COMPLY WITH CHAPTER #33 OF THE NYC BUILDING CODE NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
12 Jun 2020PlumbingSigned-offInstallation of underground piping in conjunction with NB # 321385498
21 Apr 2020StandpipeSigned-offTemporary Standpipe work in conjunction with NB# 321385498
9 Mar 2020A2ISSUED
25 Feb 2020A2ISSUED
3 Feb 2020A2ISSUED
1 Nov 2019A3ISSUED
11 Jul 2019A3ISSUED
9 Jul 2019Construction FenceSigned-offINSTALLATION OF FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY

Recorded documents

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

RecordedTypeAmountFromTo
29 Jun 2026ZONE
27 Aug 2025DEVR
27 Aug 2025ZONE
11 Jun 2024Assignment
11 Jun 2024AALR
8 May 2024TL&R
8 May 2024AL&R$340,000,000
8 May 2024TL&R
8 May 2024Assignment
8 May 2024TL&R
8 May 2024Agreement$340,000,000
8 May 2024Assignment
8 May 2024Assignment
8 May 2024Agreement
15 Aug 2023CERT
11 Aug 2023DECL
11 Aug 2023DECL
11 Aug 2023DECL
11 Aug 2023DECL
24 Mar 2023DECL
18 Nov 2022SAGE
3 Jun 2022SAGE
23 May 2022EASE
23 May 2022SAGE
30 Mar 2022ZONE
9 Dec 2021CERT
9 Dec 2021SAGE
7 Dec 2021SAGE
19 Jul 2021SMIS
19 Jul 2021SMIS
19 Jul 2021SMIS
19 Jul 2021SMIS
19 Jul 2021DEVR
19 Jul 2021SMIS
19 Jul 2021SMIS
19 Jul 2021CERT
21 May 2021Agreement$62,443,033
21 May 2021Mortgage$26,556,967
21 May 2021Assignment
21 May 2021PREL
21 May 2021Satisfaction of mortgage
21 May 2021Agreement$26,556,967
21 May 2021AL&R$26,556,967
21 May 2021Mortgage$87,961,242
21 May 2021AL&R$87,961,242
21 May 2021Mortgage$73,881,791
21 May 2021AL&R$73,881,791
21 May 2021Agreement
20 Jul 2020EASE
30 Jan 2020EASE

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

About this page

Compiled from New York City public records — data retrieved 6 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.