27-01 Jackson Avenue
Analysis
The building offers modern construction, strong market‑value upside, and no current violations, but its over‑built residential floor‑area limits future growth, justifying the medium risk rating.
The good
- Zero open violations and no enforcement or safety penalties
- Recent construction (2022) means modern systems and likely lower immediate capital expenditures
- Market value on record ($47,504,000) far exceeds assessed value ($21,376,800)
- Large average unit size (1,072 sq ft) attractive for renters or buyers
The bad
- Built beyond its residential floor‑area limit (over‑built for residential use)
- Over‑built status restricts any future expansion of residential space
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 19.12, against a residential limit of 7.52 — it is over that limit by 11.60. 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.
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.
No arm's-length sale on record
The last recorded transfer is dated 7 Jul 2020 at a recorded price of $1. 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 1,834.2% across the 5 assessment years on record (2023 to 2027), standing at $21,376,800. 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 | 19.12 |
|---|---|
| Residential limit | 7.52 |
| Commercial limit | 5.00 |
| Community-facility limit | 10.00 |
Development headroom (calculated) calculated
| Highest permitted ratio | 10.00 |
|---|---|
| Unused ratio | -9.12 |
| Unused buildable area | — |
| Lot area | 9,195 sq ft |
Value & taxes
Assessment
| Assessed total | $21,376,800 |
|---|---|
| Assessed land | $827,550 |
| Assessed building | $20,549,250 |
| Market value on record | $47,504,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $21,376,800 |
| Tax rate | 12.502% |
| Estimated annual levy | $2,672,527.54 |
| Tax exemption (assessed value) | 421-a — $19,588,234 (through 2061) |
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 | $21,376,800 | — |
| 2026 | $13,727,250 | +55.7% |
| 2025 | $4,882,050 | +181.2% |
| 2024 | $827,550 | +489.9% |
| 2023 | $1,105,200 | -25.1% |
Building & occupancy
Structure
| Year built | 2022 |
|---|---|
| Floors | 27 |
| Building area | 175,796 sq ft |
| Residential area | 151,989 sq ft |
| Commercial area | 23,807 sq ft |
Occupancy
| Total units | 166 |
|---|---|
| Residential units | 164 |
| Rent-stabilized | 94 |
| Free Market / Other | 70 |
| Residential Avg unit size | 927 sq ft (calculated) |
| Commercial Avg unit size | 11,904 sq ft (calculated) |
| Building class | D6 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Court Sq (G) — 0.17 mi |
|---|---|
| School district | 30 |
| Police precinct | 108 |
| Nearest firehouse | Engine 258/Ladder 115 — 10-40 47th Ave. |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Zone 3 |
Energy & emissions
| Energy use intensity | 10.1 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 175 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 42-81 Hunter Street | 2026-02-26 | $9,750,000 | 4,950 | $1,970 |
| 42-73 Hunter Street | 2026-01-16 | $10,200,000 | 2,475 | $4,121 |
| 42-71 Hunter Street | 2026-01-16 | $10,200,000 | 2,475 | $4,121 |
| 42-83 Hunter Street, 2a | 2025-04-25 | $748,000 | — | — |
| 42-51 Hunter Street, 6c | 2024-12-11 | $313,083 | — | — |
| 42-51 Hunter Street, 4c | 2024-07-03 | $1,255,000 | — | — |
| 42-51 Hunter Street, 6b | 2022-02-11 | $1,100,000 | — | — |
| 42-51 Hunter Street | 2021-12-21 | $1,075,000 | — | — |
Record activity
Compliance calculated
| Open violations | 0 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $0.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 82 |
|---|---|
| Permits / alterations | 49 |
| Recorded documents | 39 |
| Legal proceedings | 0 |
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 | 2701 Property Owner LLC |
|---|---|
| Parcel | 4004320021 |
| Block | 432 |
| Lot | 21 |
| Mortgage on record | $65,196,772 (2021) — Bank Leuni Usa — note assigned |
| Fixture liens | 4 active fixture liens |
Last recorded transfer
| Date | 7 Jul 2020 |
|---|---|
| Recorded price | $1 |
| Price per unit | Not meaningful |
| Price vs assessed | Not 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.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 9 Jul 2026 | Noise, Barking Dog (NR5 | Noise | Closed | 14 Jul 2026 |
| 17 Jun 2026 | Non-Chronic | Homeless Person Assistance | Closed | 18 Jun 2026 |
| 14 Jun 2026 | Non-Chronic | Homeless Person Assistance | Closed | 14 Jun 2026 |
| 22 May 2026 | Removal Request | Illegal Dumping | Closed | 26 May 2026 |
| 22 Apr 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 22 Apr 2026 |
| 21 Apr 2026 | Derelict Vehicles | Derelict Vehicles | Closed | 22 Apr 2026 |
| 20 Apr 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 20 Apr 2026 |
| 8 Apr 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 8 Apr 2026 |
| 24 Jan 2026 | Blocked Crosswalk | Illegal Parking | Closed | 24 Jan 2026 |
| 23 Dec 2025 | Driver Complaint - Non Passenger | For Hire Vehicle Complaint | In Progress | — |
| 3 Nov 2025 | Trash | Dirty Condition | Closed | 7 Nov 2025 |
| 22 Oct 2025 | Blocked Sidewalk | Illegal Parking | Closed | 22 Oct 2025 |
| 10 Oct 2025 | Posted Parking Sign Violation | Illegal Parking | Closed | 10 Oct 2025 |
| 12 Sep 2025 | Paper License Plates | Illegal Parking | Closed | 12 Sep 2025 |
| 15 Aug 2025 | MAILBOX | GENERAL | Closed | 15 Sep 2025 |
| 30 Jul 2025 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 1 Aug 2025 |
| 22 May 2025 | N/A | Encampment | Closed | 22 May 2025 |
| 22 May 2025 | N/A | Encampment | Closed | 25 May 2025 |
| 14 May 2025 | Blocked Sidewalk | Illegal Parking | Closed | 14 May 2025 |
| 17 Apr 2025 | COOKING GAS | GENERAL | Closed | 20 Apr 2025 |
| 26 Mar 2025 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 27 Mar 2025 |
| 24 Mar 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 24 Mar 2025 |
| 20 Jan 2025 | Residential Rental Agency | Consumer Complaint | Closed | 21 Jan 2025 |
| 13 Jan 2025 | Blocked - Construction | Street Condition | Closed | 14 Jan 2025 |
| 4 Jan 2025 | Loud Music/Party | Noise - Residential | Closed | 4 Jan 2025 |
| 12 Dec 2024 | Bulky Recycling | Missed Collection | Closed | 16 Dec 2024 |
| 12 Dec 2024 | Removal Request | Illegal Dumping | Closed | 13 Dec 2024 |
| 30 Nov 2024 | Partial Access | Blocked Driveway | Closed | 1 Dec 2024 |
| 27 Nov 2024 | Lead Kit Request (Residential) (L10 | Lead | Closed | 20 Dec 2024 |
| 26 Nov 2024 | Trespassing | Non-Emergency Police Matter | Closed | 26 Nov 2024 |
| 25 Oct 2024 | Blocked - Construction | Sidewalk Condition | Closed | 29 Oct 2024 |
| 25 Oct 2024 | Broken Curb | Curb Condition | Closed | 4 Nov 2024 |
| 25 Oct 2024 | Blocked - Construction | Sidewalk Condition | Closed | 25 Oct 2024 |
| 23 Oct 2024 | Blocked - Construction | Sidewalk Condition | Closed | 25 Oct 2024 |
| 6 Oct 2024 | N/A | Encampment | Closed | 6 Oct 2024 |
| 6 Oct 2024 | N/A | Encampment | Closed | 7 Oct 2024 |
| 4 Oct 2024 | WATER SUPPLY | PLUMBING | Closed | 4 Oct 2024 |
| 2 Oct 2024 | N/A | Encampment | Closed | 2 Oct 2024 |
| 1 Oct 2024 | Lead Kit Request (Residential) (L10 | Lead | Closed | 2 Oct 2024 |
| 6 Jul 2024 | Derelict Vehicles | Derelict Vehicles | Closed | 8 Jul 2024 |
| 10 Jun 2024 | Paper License Plates | Illegal Parking | Closed | 10 Jun 2024 |
| 22 May 2024 | Blocked - Construction | Street Condition | Closed | 22 May 2024 |
| 15 May 2024 | Site Conditions Endangering Workers | General Construction/Plumbing | Closed | 16 May 2024 |
| 6 May 2024 | Posted Parking Sign Violation | Illegal Parking | Closed | 6 May 2024 |
| 28 Feb 2024 | Banging/Pounding | Noise - Commercial | Closed | 28 Feb 2024 |
| 7 Feb 2024 | Sidewalk Shed/Pipe Scafford - Inadequate Defective/None | General Construction/Plumbing | Closed | 16 Feb 2024 |
| 27 Nov 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 27 Nov 2023 |
| 12 Nov 2023 | N/A | Encampment | Closed | 12 Nov 2023 |
| 2 Nov 2023 | Blocked Sidewalk | Illegal Parking | Closed | 2 Nov 2023 |
| 13 Oct 2023 | Hydrant Running (WC3 | Water System | Closed | 13 Oct 2023 |
Showing the 50 most recent of 82. 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.
| Issued | Type | Status | Work |
|---|---|---|---|
| 19 Jan 2024 | Supported Scaffold | Signed-off | INSTALLATION OF PIPE SCAFFOLDING AND NEEDLE BEAM AS PER PLANS. ALL EQUIPMENT SHALL COMPLY WITH CHAPTER #33 OF THE 2022 CODE. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 13 Nov 2023 | Protection and Mechanical Methods | Signed-off | Suspended Hanging Scaffold Installation as per plans filed herewith. No change in use, egress or occupancy |
| 14 Jun 2023 | Boiler Equipment | Signed-off | INSTALL ONE (1) 550 GALLON MAIN FUEL OIL STORAGE TANK IN SUB-CELLAR 2 AND ONE (1) 90 GALLON DAY TANK TO SERVE EMERGENCY DIESEL GENERATOR ON FOURTH FLOOR AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 13 Jun 2023 | Sidewalk Shed | Signed-off | INSTALLATION OF 300 psf SIDEWALK SHED AS PER PLANS. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF THE 2014 CODE. NO CHANGE INUSE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 24 Mar 2023 | Structural | Signed-off | CONSTRUCCTION OF NEW CAST-IN-PLACE CONTRETE 28-STORY RESIDENTIALTOWER. MAIN STRUCTURAL GRAVITY SYSTEM CONSISTS OF CONCRETE FLAT SLAB SUPPORTED OFF CONCRETE COLUMNS. MAIN STRUCTURAL LATERAL SYSTEM CONSISTS OF CONCRETE SHEAR WALL CORE WITH LINK BEAMS |
| 30 Jan 2023 | Protection and Mechanical Methods | Signed-off | Application for the installation and use of temporary mini crane filed herein. No change in egress, use, and occupancy |
| 30 Jan 2023 | Protection and Mechanical Methods | Signed-off | Application for the installation and use of temporary mini crane filed herein. No change in egress, use, and occupancy |
| 4 Jan 2023 | Protection and Mechanical Methods | Signed-off | INSTALLATION AND USE OF TEMPORARY MINI CRANE CLIMBER AS PER PLAN FILED HEREWITH. NO CHANGE IN USE, EGRESS, OR OCCUPANCY |
| 3 Nov 2022 | Standpipe | Signed-off | New installation of (Temp Standpipe) in conjunction to the new building application filed under #420665667 as per plans filed herewith |
| 31 Oct 2022 | Plumbing | Signed-off | Installing the plumbing systems (sanitary, waste, storm) AS PER PLANS FILED HEREWITH. APPLICATION FILED IN CONJUNCTION WITH NEW BUILDING APPLICATION # 420665667 |
| 26 Oct 2022 | Protection and Mechanical Methods | Signed-off | INSTALLTION AND USE OF TEMPORARY CLIMBING PLATFORMS AS PER PLAN FILED HEREWITH. NO CHANGE IN USE, EGRESS, OR OCCUPANCY |
| 29 Sep 2022 | NB | ISSUED | — |
| 20 Sep 2022 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF 6,000LB DUAL PERSONNEL/MATERIAL HOIST CARS AS PER PLANS DURING CONSTRUCTION. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 5 Nov 2021 | Sprinklers | Signed-off | Installation of new sprinkler heads, associated piping & standpipe system AS PER PLANS FILED HEREWITH. APPLICATION FILED IN CONJUNCTION WITH NEW BUILDING APPLICATION # 420665667 |
| 5 Apr 2021 | Construction Fence | Signed-off | INSTALLATION OF CONSTRUCTION PLYWOOD FENCE AS PER PLANS. PLYWOOD FENCE SHALL COMPLY WITH CHAPTER # 33 OF THE 2014 CODE. NO CHANGE IN USE OR OCCUPANCY |
| 7 Dec 2015 | A2 | ISSUED | — |
| 4 Nov 2015 | A2 | ISSUED | — |
| 21 Sep 2015 | DM | ISSUED | — |
| 21 Sep 2015 | DM | ISSUED | — |
| 21 Sep 2015 | DM | ISSUED | — |
| 13 Mar 2015 | A2 | ISSUED | — |
| 27 Dec 2005 | A2 | ISSUED | — |
| 27 Dec 2005 | A2 | ISSUED | — |
| 17 Aug 2004 | A2 | ISSUED | — |
| 17 Aug 2004 | A2 | ISSUED | — |
| 17 Aug 2004 | A2 | ISSUED | — |
| 2 Apr 2002 | SG | ISSUED | — |
| 2 Apr 2002 | A3 | ISSUED | — |
| 2 Apr 2002 | SG | ISSUED | — |
| 2 Apr 2002 | A3 | ISSUED | — |
| 2 Apr 2002 | SG | ISSUED | — |
| 2 Apr 2002 | SG | ISSUED | — |
| 11 Oct 2001 | A2 | ISSUED | — |
| 11 Oct 2001 | A2 | ISSUED | — |
| 4 Jun 1999 | A2 | ISSUED | — |
| 4 Jun 1999 | A2 | ISSUED | — |
| 3 May 1999 | A2 | ISSUED | — |
| 4 Feb 1999 | A2 | ISSUED | — |
| 16 Dec 1998 | A2 | ISSUED | — |
| 16 Dec 1998 | A2 | ISSUED | — |
| 23 Feb 1996 | A1 | ISSUED | — |
| 23 Feb 1996 | A1 | ISSUED | — |
| 23 Aug 1995 | A3 | ISSUED | — |
| 23 Aug 1995 | A3 | ISSUED | — |
| 16 Aug 1995 | SG | ISSUED | — |
| 16 Aug 1995 | SG | ISSUED | — |
| 16 Aug 1995 | SG | ISSUED | — |
| 16 Aug 1995 | SG | ISSUED | — |
| — | NB | IN PROCESS | — |
Recorded documents
Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.
| Recorded | Type | Amount | From | To |
|---|---|---|---|---|
| 27 Apr 2026 | AALR | — | — | — |
| 23 Apr 2026 | AALR | — | — | — |
| 23 Apr 2026 | Assignment | — | — | — |
| 6 Mar 2026 | TL&R | — | — | — |
| 6 Mar 2026 | TL&R | — | — | — |
| 5 Mar 2026 | Assignment | — | — | — |
| 5 Mar 2026 | AL&R | $80,000,000 | — | — |
| 5 Mar 2026 | Assignment | — | — | — |
| 5 Mar 2026 | Agreement | $80,000,000 | — | — |
| 5 Mar 2026 | Agreement | $80,000,000 | — | — |
| 8 Apr 2025 | SAGE | — | — | — |
| 12 Aug 2024 | SAGE | — | — | — |
| 10 Jan 2023 | SMIS | — | — | — |
| 25 Jan 2022 | Mortgage | $65,196,772 | — | — |
| 25 Jan 2022 | AL&R | $65,196,772 | — | — |
| 25 Jan 2022 | Mortgage | $14,803,228 | — | — |
| 25 Jan 2022 | AL&R | $14,803,228 | — | — |
| 25 Jan 2022 | Agreement | — | — | — |
| 7 Jul 2020 | Deed | $1 | — | — |
| 7 Jul 2020 | CERT | — | — | — |
| 7 Jul 2020 | DEVR | $6,636,800 | — | — |
| 7 Jul 2020 | SAGE | — | — | — |
| 7 Jul 2020 | SAGE | — | — | — |
| 7 Jul 2020 | ZONE | — | — | — |
| 24 Apr 2015 | CERT | — | — | — |
| 24 Apr 2015 | ZONE | — | — | — |
| 6 Sep 2013 | Deed | $11,600,000 | — | — |
| 16 Aug 2013 | Satisfaction of mortgage | — | — | — |
| 16 Aug 2013 | Satisfaction of mortgage | — | — | — |
| 9 Feb 2000 | Mortgage | $104,000 | — | — |
| 8 Oct 1992 | Satisfaction of mortgage | — | — | — |
| 27 Jul 1992 | Mortgage | $100,000 | — | — |
| 3 Nov 1978 | RTXL | — | — | — |
| 8 Aug 1978 | Mortgage | — | — | — |
| 8 Aug 1978 | Mortgage | — | — | — |
| 27 Jul 1978 | Deed | — | — | — |
| 27 Jul 1978 | RTXL | — | — | — |
| 8 May 1978 | Deed | — | — | — |
| 23 Dec 1974 | Deed | — | — | — |
About this page
Compiled from New York City public records — data retrieved 3 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.