NY Property Records

388 Willis Avenue
Bronx · Bronx County · 10454

08 · Public FacilitySold $300,000 · Feb 2006 ↗
Owner of record
Owner388 Willis, LLC
Assessment · 2025 roll
Land assessed$76,950
Total assessed$1,092,600
Est. annual tax$117,586 (2027, excl. special districts)
Building
StyleSchools or Academies
Year built2001
Lot
Size0.05 acres (GIS)
Frontage × depth25 × 91 ft
Lot sq ft2,283
Zoning
DistrictR6
Commercial overlayC1-4
FAR4.93 built · 2.43 max residential · 4.8 max facility
Zoning map6a
Recorded documents · 42
ASGN OF ASGN OF L&R Aug 13, 2024
assignor Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee Sig Cre 2023 Venture LLC
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ASSIGNMENT, MORTGAGE Aug 13, 2024
assignor/old lender Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee/new lender Sig Cre 2023 Venture LLC
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ASGN OF ASGN OF L&R Aug 13, 2024
assignor Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee Signature Bridge Bank, N.A.
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Show all 42
ASSIGNMENT, MORTGAGE Aug 13, 2024
assignor/old lender Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee/new lender Signature Bridge Bank, N.A.
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MORTGAGE $1,327,478 Dec 27, 2021
mortgagor/borrower 388 Willis, LLC.; 416 W, LLC
mortgagee/lender Signature Bank
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AGREEMENT $10,000,000 Dec 27, 2021
party 1 388 Willis, LLC.; 416 W, LLC
party 2 Signature Bank
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ASSIGNMENT OF LEASES AND RENTS $10,000,000 Dec 27, 2021
assignor 388 Willis, LLC.; 416 W, LLC
assignee Signature Bank
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MORTGAGE $1,500,000 Jun 19, 2018
mortgagor/borrower 388 Willis, LLC; 416 W, LLC
mortgagee/lender Signature Bank
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ASSIGNMENT OF LEASES AND RENTS $1,500,000 Jun 19, 2018
assignor 388 Willis, LLC; 416 W, LLC
assignee Signature Bank
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AGREEMENT $8,000,000 Jul 12, 2016
party 1 388 Willis LLC; 416 W, LLC
party 2 Signature Bank
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MORTGAGE $1,148,687 Jul 12, 2016
mortgagor/borrower 388 Willis LLC; 416 W, LLC
mortgagee/lender Signature Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $8,000,000 Jul 12, 2016
assignor 388 Willis LLC; 416 W, LLC
assignee Signature Bank
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TERMINATION OF ASSIGN OF L&R Jul 12, 2016
party one Santander Bank Na
party two 388 Willis LLC; 416 W, LLC
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ASSIGNMENT, MORTGAGE Jul 12, 2016
assignor/old lender Santander Bank Na
assignee/new lender Signature Bank
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DISCHARGE OF TAX LIEN Jun 1, 2011
secured party The Bank Of New York Mellon
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DISCHARGE OF TAX LIEN Jun 1, 2011
secured party The Bank Of New York Mellon
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MORTGAGE SPREADER AGREEMENT $8,600,000 May 27, 2011
party one/mortgagor 388 Willis, LLC; 416 W, LLC
party two/mortgagee Sovereign Bank
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MORTGAGE $5,066,241 May 27, 2011
mortgagor/borrower 388 Willis, LLC; 416 W, LLC
mortgagee/lender Sovereign Bank
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ASSIGNMENT OF LEASES AND RENTS $8,600,000 May 27, 2011
assignor 388 Willis, LLC; 416 W, LLC
assignee Sovereign Bank
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ASSIGNMENT, MORTGAGE May 27, 2011
assignor/old lender Harmony Bank
assignee/new lender Sovereign Bank
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TERMINATION OF ASSIGN OF L&R Apr 14, 2011
party one Harmony Bank
party two 388 Willis, LLC
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CERTIFICATE Aug 2, 2010
party 1 Commonwealth Land Title Insurance Company
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ZONING LOT DESCRIPTION Aug 2, 2010
party one 388 Willis, LLC
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AGREEMENT $1,900,000 Apr 17, 2009
party 1 388 Willis, LLC
party 2 Harmony Bank
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AGREEMENT $1,580,718 Apr 17, 2009
party 1 388 Willis, LLC
party 2 Harmony Bank
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MORTGAGE $457,907 Apr 17, 2009
mortgagor/borrower 388 Willis, LLC
mortgagee/lender Harmony Bank
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ASSIGNMENT OF LEASES AND RENTS $1,900,000 Apr 17, 2009
assignor 388 Willis, LLC
assignee Harmony Bank
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DEED Jul 26, 2007
grantor/seller 384 Owners, LLC
grantee/buyer 388 Willis, LLC
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DEED $300,000 Mar 30, 2006
grantor/seller Empire State Properties, LLC.
grantee/buyer 384 Owners, LLC.
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE Oct 14, 2003
party 1 City Of New York
party 2 Bank Of New York
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DEED, OTHER $170,000 Aug 29, 2003
grantor Gary Basso, Esq.
grantee Empire State Properties, LLC.
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE Aug 8, 2002
party 1 City Of New York
party 2 Bank Of New York
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TAX LIEN SALE CERTIFICATE Jul 31, 2000
party 1 City Of New York
party 2 Bank Of New York
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SATISFACTION OF MORTGAGE Apr 22, 1991
mortgager/borrower Goodsell Electronic,Inc.
mortgagee/lender City Of New York
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VACATE ORDER Apr 15, 1991
party 1 City Of New York
party 2 Commissioner/Finance
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ASSIGNMENT, MORTGAGE Apr 10, 1991
assignor/old lender Olympia Mortgage Corp.
assignee/new lender G & O Financial Assoc.; Yarkin, Mark
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MORTGAGE $65,000 Mar 14, 1991
mortgagor/borrower Goodsell Electronicsinc; Goodsell, Antonio +2
mortgagee/lender Olympia Mortge Corp
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DEED Apr 26, 1990
grantor/seller Commissioner Of Finance
grantee/buyer City Of New York
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MORTGAGE Dec 1, 1976
mortgagor/borrower Goodsell Electronics Inc
mortgagee/lender Alexander Willis Investors Inc
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DEED Nov 26, 1976
grantor/seller City Of New York
grantee/buyer Goodsell Electronics Inc
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MORTGAGE Nov 26, 1976
mortgagor/borrower Goodsell Electronics Inc
mortgagee/lender City Of New York
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DEED Oct 23, 1975
grantor/seller Administrator Of The City Of New York; Finance Administistrator Of The City Of New York +27
grantee/buyer City Ny; City Of Ne Wyork +6
View on ACRIS ↗
Deed & identifiers
SBL2022880005
SWIS600100
Parcel ID6001002022880005

Who owns 388 Willis Avenue?

388 Willis Avenue, Bronx is owned by 388 Willis, LLC per the 2025 NYS assessment roll. It last sold for $300,000 in Feb 2006.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

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