NY Property Records
88 5 Avenue
88 5 Avenue
Brooklyn · Kings County · 11217
04 · Mixed Res & CommercialSold $7,175,000 · Apr 2025 ↗
Owner of record
OwnerTownhouse Rental Vii, L.L.C.
Assessment · 2025 roll
Land assessed$15,300
Total assessed$739,350
Est. annual tax$26,632 (2027, excl. special districts)
Building
StylePrimarily Five to Six Family with Store or Office
Year built1920
Living area3,600 sq ft
Lot
Size0.03 acres (GIS)
Frontage × depth25 × 51 ft
Lot sq ft1,279
Zoning
DistrictR6A
Commercial overlayC1-4
FAR3.75 built · 3.0 max residential · 3.0 max facility
Zoning map16c
Recorded documents · 45
ASSIGNMENT OF LEASES AND RENTS
$88,737,879
Jul 15, 2026
assignor Townhouse Rental Vii, L.L.C.; Townhouse Rental Viii, L.L.C.
assignee Incref Investments Ms Seller, LLC
View on ACRIS ↗
AGREEMENT
$88,737,879
Jul 15, 2026
party 1 Townhouse Rental Vii, L.L.C.; Townhouse Rental Viii, L.L.C.
party 2 Incref Investments Ms Seller, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 15, 2026
assignor/old lender Incref 2025-Fl1 LLC
assignee/new lender Incref Investments Ms Seller, LLC
View on ACRIS ↗Show all 45
TERMINATION OF ASSIGN OF L&R
Jul 15, 2026
party one Incref 2025-Fl1 LLC
party two Townhouse Rental Vii, L.L.C.
View on ACRIS ↗
ASGN OF ASGN OF L&R
Sep 2, 2025
assignor Incref Investments Cb Term Seller, LLC
assignee Incref Clo Seller LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 2, 2025
assignor/old lender Incref Clo Seller LLC
assignee/new lender Incref 2025-Fl1 LLC
View on ACRIS ↗
ASGN OF ASGN OF L&R
Sep 2, 2025
assignor Incref Clo Seller LLC
assignee Incref 2025-Fl1 LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 2, 2025
assignor/old lender Incref Investments Cb Term Seller, LLC
assignee/new lender Incref Clo Seller LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$33,876,242
May 22, 2025
assignor Townhouse Rental Vii, L.L.C.
assignee Incref Investments Cb Term Seller, LLC
View on ACRIS ↗
AGREEMENT
$33,876,242
May 22, 2025
party 1 Townhouse Rental Vii, L.L.C.
party 2 Incref Investments Cb Term Seller, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 14, 2025
assignor/old lender American Life & Security Corp.
assignee/new lender Incref Investments Cb Term Seller, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 14, 2025
assignor/old lender American Life & Security Corp.
assignee/new lender Incref Investments Cb Term Seller, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
May 14, 2025
party one American Life & Security Corp.
party two 88 5 Ave, LLC
View on ACRIS ↗
DEED
$7,175,000
May 14, 2025
grantor/seller 88 5 Ave, LLC
grantee/buyer Townhouse Rental Vii, L.L.C.
View on ACRIS ↗
DEED
$3,600,000
Jun 13, 2023
grantor/seller 88 5th Avenue Realty Corp
grantee/buyer 88 5 Ave, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 13, 2023
assignor/old lender Dime Community Bank; The Dime Savings Bank Of Williamsburgh
assignee/new lender Mp Real Estate Capital, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 13, 2023
party one Dime Community Bank; The Dime Savings Bank Of Williamsburgh
party two 88 5th Avenue Realty Corp.
View on ACRIS ↗
MORTGAGE
$1,331,483
Jun 13, 2023
mortgagor/borrower 88 5 Ave, LLC
mortgagee/lender Mp Real Estate Capital, LLC
View on ACRIS ↗
AGREEMENT
$2,043,952
Jun 13, 2023
party 1 88 5 Ave, LLC
party 2 Mp Real Estate Capital, LLC
View on ACRIS ↗
MORTGAGE
$906,048
Jun 13, 2023
mortgagor/borrower 88 5 Ave, LLC
mortgagee/lender Mp Real Estate Capital, LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$2,950,000
Jun 13, 2023
assignor 88 5 Ave, LLC
assignee Mp Real Estate Capital, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 13, 2023
assignor/old lender Mp Real Estate Capital, LLC
assignee/new lender American Life & Security Corp.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 13, 2023
assignor/old lender Mp Real Estate Capital, LLC
assignee/new lender American Life & Security Corp.
View on ACRIS ↗
ASGN OF ASGN OF L&R
Jun 13, 2023
assignor Mp Real Estate Capital, LLC
assignee American Life & Security Corp.
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Oct 14, 2022
mortgager/borrower 88 5th Realty Corp
mortgagee/lender Capital One, N.A.; Mortgage Funding, Inc
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Oct 4, 2022
party one 88 5th Avenue Realtycorp
party two Greenpoint Mortgagefunding Inc
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Oct 4, 2022
party one 88 5th Avenue Realty Corp
party two Greenpoint Mortgagefunding Inc
View on ACRIS ↗
MORTGAGE
$850,000
Aug 31, 2015
mortgagor/borrower 88 5th Avenue Realty Corp
mortgagee/lender The Dime Savings Bank Of Williamsburgh
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$850,000
Aug 31, 2015
assignor 88 5th Avenue Realty Corp
assignee The Dime Savings Bank Of Williamsburgh
View on ACRIS ↗
COURT ORDER
Jul 26, 2010
party 1/grantor City Of New York
party 2/grantee City Of New York
View on ACRIS ↗
AGREEMENT
Jan 9, 2002
party 1 88 5th Avenue Realtycorp
party 2 Greenpoint Mortgagefunding Inc
View on ACRIS ↗
MORTGAGE
$153,656
Jan 9, 2002
mortgagor/borrower 88 5th Avenue Realtycorp
mortgagee/lender Greenpoint Mortgagefunding Inc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jan 9, 2002
assignor/old lender 88 5th Avenue Realtycorp
assignee/new lender Greenpoint Mortgagefunding Inc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 2, 2000
assignor/old lender 88 5th Avenue Realtycorp
assignee/new lender Greenpoint Mortgagefunding Inc
View on ACRIS ↗
MORTGAGE
$256,750
Mar 2, 2000
mortgagor/borrower 88 5th Ave Realty Corp
mortgagee/lender Greenpoint Mortgagefunding Inc
View on ACRIS ↗
DEED
Feb 23, 1971
grantor/seller Garcia Felipe; Katzas George
grantee/buyer 88 5th Ave Rlty Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 10, 1970
assignor/old lender Dean Investors Corp
assignee/new lender Viscardi Anthony
View on ACRIS ↗
DEED
Jun 22, 1970
grantor/seller Dean Investors Corp
grantee/buyer Garcia Felipe; Katzas George
View on ACRIS ↗
MORTGAGE
Jun 22, 1970
mortgagor/borrower Garcia Felipe; Katzas George
mortgagee/lender Dean Investors Corp
View on ACRIS ↗
DEED
Apr 5, 1968
grantor/seller Bango Realty Corp (Etal Defendants); Goldfarb Charles (Referee)
grantee/buyer Dean Investors Corp
View on ACRIS ↗
DEED
Jul 26, 1967
grantor/seller Jeron Properties Corp
grantee/buyer Bango Realty Corp
View on ACRIS ↗
MORTGAGE
Mar 8, 1967
mortgagor/borrower Jeron Properties Corp
mortgagee/lender Bango Realty Corp
View on ACRIS ↗DOB violations — total 6 · open 0 · dismissed 6
Boiler
Dismissed
Nov 14, 2023
BIS ↗Boiler
Dismissed
Nov 14, 2023
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 16, 1999
BIS ↗DOB complaints — total 5 · open 0 · closed 5
Sidewalk shed/scaffold – none/inadequate/defective
Closed
May 30, 2006
Complaint 3192268
View on BIS ↗Show all 5
HPD violations — total 32 · open 0 · closed 32
B · Hazardous
Closed
Jan 30, 2024
§ 27-2005, 2007 ADM CODE AND DEPT. RULES AND REGULATIONS. REMOVE THE ENCUMBRANCE OBSTRUCTING EGRESS FROM FIRE ESCAPES CONSISTING OF FLOWER POTS AT 3RD STORY BAL
HPD ↗
C · Immediately hazardous
Closed
Dec 29, 2023
§ 27-2005, 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 BU
HPD ↗
A · Non-hazardous
Closed
Dec 29, 2023
§ 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE B
HPD ↗Show all 32
A · Non-hazardous
Closed
Dec 29, 2023
§ 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISSING AT PUBLIC HALL,
HPD ↗
A · Non-hazardous
Closed
Dec 29, 2023
§ 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCYS HOUSING INFORM
HPD ↗
A · Non-hazardous
Closed
Dec 29, 2023
§ 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MU
HPD ↗
A · Non-hazardous
Closed
Dec 29, 2023
§ 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWE
HPD ↗
A · Non-hazardous
Closed
Mar 20, 2023
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Closed
Nov 9, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
A · Non-hazardous
Closed
Feb 18, 2022
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
B · Hazardous
Closed
Sep 4, 2021
§ 27-2005, 2007 ADM CODE AND DEPT. RULES AND REGULATIONS. REMOVE THE ENCUMBRANCE OBSTRUCTING EGRESS FROM FIRE ESCAPES CONSISTING OF AIR CONDITION PROTRUDING BEY
HPD ↗
A · Non-hazardous
Closed
Apr 5, 2021
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
I · Order to correct
Closed
Apr 5, 2021
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
I · Order to correct
Closed
Oct 28, 2019
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
I · Order to correct
Closed
Oct 12, 2018
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
I · Order to correct
Closed
Nov 15, 2017
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗
I · Order to correct
Closed
Feb 5, 2015
SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIV
HPD ↗
B · Hazardous
Closed
Apr 2, 2009
§ 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FROM SUNSET EVERY DAY TO SUNR
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2026 ADM CODE REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS AT THE WASH BASIN IN THE BATHROOM LOCATED AT APT 4R, 4th STORY, APARTMENT AT NORTH
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2026 ADM CODE REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS AT THE SINK IN THE KITCHEN LOCATED AT APT 4R, 4th STORY, APARTMENT AT NORTH
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR EAST WALL IN THE 1st ROOM FROM EAST AT NORTH LOCATED AT APT 4R
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2018 ADM CODE ABATE THE NUISANCE CONSISTING OF VERMIN MICE IN THE ENTIRE APARTMENT LOCATED AT APT 4R, 4th STORY, APARTMENT AT NORTH
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2018 ADM CODE ABATE THE NUISANCE CONSISTING OF VERMIN : ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 4R, 4th STORY, APARTMENT AT NORTH
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR CEILING IN THE KITCHEN LOCATED AT APT 4R, 4th STORY, APARTMENT
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2005 ADM CODE REPLACE WITH NEW THE BROKEN OR DEFECTIVE ELECTRIC LIGHT SWITCH AT THE EAST WALL IN THE KITCHEN LOCATED AT APT 4R, 4th STORY
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2005 ADM CODE REPLACE WITH NEW THE BROKEN OR DEFECTIVE ELECTRICAL OUTLET AT THE SOUTH WALL IN THE BATHROOM LOCATED AT APT 4R, 4th STORY
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2005 ADM CODE REPLACE WITH NEW THE BROKEN OR DEFECTIVE ELECTRIC LIGHT SWITCH AT THE SOUTH WALL IN THE 3rd ROOM FROM EAST AT NORTH LOCATED AT APT 4R, 4th ST
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR : DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 4R, 4th STORY
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE BELL-BUZZER/INTERCOM SYSTEM IN THE ENTIRE APARTMENT LOCATED AT APT 4R, 4th STORY, APARTMENT AT NORTH
HPD ↗
B · Hazardous
Closed
Apr 25, 2007
§ 27-2039 ADM CODE PROVIDE ADEQUATE LIGHT OF NOT LESS THAN 60 WATTS INCANDESCENT OR EQUIVALENT ILLUMINATION AT THE CEILING AT PUBLIC HALL, 4th STORY
HPD ↗
B · Hazardous
Closed
Jul 22, 2004
§ 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FROM SUNSET EVERY DAY TO SUNR
HPD ↗
B · Hazardous
Closed
Jul 15, 1991
§ 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF HOUSEHOLD ITEMS 4 STY PUBLIC HALL.
HPD ↗Deed & identifiers
SBL3009340045
SWIS610100
Parcel ID6101003009340045
Who owns 88 5 Avenue?
88 5 Avenue, Brooklyn is owned by Townhouse Rental Vii, L.L.C. per the 2025 NYS assessment roll. It last sold for $7,175,000 in Apr 2025.
Nearby on 5 Avenue
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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