NY Property Records

2040 Flatbush Avenue
Brooklyn · Kings County · 11234

05 · Commercial & OfficeSold $4,500,000 · Mar 2015 ↗
Owner of record
Owner2038-50 Flatbush Avenue LLC
Assessment · 2025 roll
Land assessed$242,550
Total assessed$1,237,050
Est. annual tax$128,734 (2027, excl. special districts)
Building
StyleOne Story Store Building
Year built1941
Lot
Size0.35 acres (GIS)
Frontage × depth154 × 100 ft
Lot sq ft15,391
Zoning
DistrictR3-2
Commercial overlayC1-2
FAR1.2 built · 0.75 max residential · 1.0 max facility
Zoning map23b
Recorded documents · 24
ASGN OF ASGN OF L&R Sep 30, 2024
assignor Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee Sig Cre 2023 Venture LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 30, 2024
assignor/old lender Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee/new lender Sig Cre 2023 Venture LLC
View on ACRIS ↗
ASGN OF ASGN OF L&R Sep 30, 2024
assignor Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee Signature Bridge Bank, N.A.
View on ACRIS ↗
Show all 24
ASSIGNMENT, MORTGAGE Sep 30, 2024
assignor/old lender Federal Deposit Insurance Corporation; In Its Capacity As Receiver For +1
assignee/new lender Signature Bridge Bank, N.A.
View on ACRIS ↗
MORTGAGE $3,375,000 Mar 17, 2015
mortgagor/borrower 2038-50 Flatbush Avenue LLC
mortgagee/lender Signature Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $3,375,000 Mar 17, 2015
assignor 2038-50 Flatbush Avenue LLC
assignee Signature Bank
View on ACRIS ↗
DEED $4,500,000 Mar 17, 2015
grantor/seller 2038-50 Flatbush Ave. Realty, LLC
grantee/buyer 2038-50 Flatbush Avenue LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE Dec 22, 2014
mortgager/borrower 2083-50 Flatbush Ave. Realty LLC
mortgagee/lender Intervest National Bank
View on ACRIS ↗
AGREEMENT Dec 1, 2014
party 1 2038-50 Flatbush Ave. Realty LLC; Telco Of Flatbush Avenue, LLC
party 2 Intervest National Bank
View on ACRIS ↗
AGREEMENT $2,700,000 May 15, 2014
party 1 2038-50 Flatbush Ave. Realty LLC
party 2 Intervest National Bank
View on ACRIS ↗
SUBORDINATION OF MORTGAGE May 15, 2014
party one 2038-50 Flatbush Ave. Realty LLC; Sports Physical Therapy Of New York, Pc
party two Intervest National Bank
View on ACRIS ↗
SUBORDINATION OF MORTGAGE May 15, 2014
party one 2038-50 Flatbush Ave. Realty LLC; Sarelli Distributors, Inc.
party two Intervest National Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 15, 2014
assignor/old lender U.S National Association
assignee/new lender Intervest National Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Dec 10, 2007
assignor/old lender Washington Mutual Bank
assignee/new lender Us Bank National Association
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Sep 19, 2007
party one 2038-50 Flatbush Ave Realty, LLC
party two Hsbc Bank Usa, Na
View on ACRIS ↗
MORTGAGE $3,000,000 Mar 8, 2007
mortgagor/borrower 2038-50 Flatbush Ave. Realty LLC
mortgagee/lender Johnson Capital Group Inc.
View on ACRIS ↗
AGREEMENT $3,000,000 Mar 8, 2007
party 1 2038-50 Flatbush Ave. Realty LLC
party 2 Washington Mutual Bank
View on ACRIS ↗
MORTGAGE $2,361,534 Mar 8, 2007
mortgagor/borrower 2038-50 Flatbush Ave. Realty LLC
mortgagee/lender Washington Mutual Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 8, 2007
assignor/old lender Johnson Capital
assignee/new lender Washington Mutual Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Mar 8, 2007
party one 2038-50 Flatbush Ave. Realty LLC
party two Hsbc Bank Usa
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 8, 2007
assignor/old lender Hsbc Bank Usa, National Association
assignee/new lender Washington Mutual Bank
View on ACRIS ↗
MORTGAGE $700,000 May 3, 2004
mortgagor/borrower 2038-50 Flatbush Ave Realty, LLC
mortgagee/lender Hsbc Bank Usa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $700,000 May 3, 2004
assignor 2038-50 Flatbush Ave Realty, LLC
assignee Hsbc Bank Usa
View on ACRIS ↗
DEED Jan 9, 2002
grantor/seller Maxwell Building Corporation
grantee/buyer 2038-50 Flatbush Averealty LLC
View on ACRIS ↗
DOB complaints — total 8 · open 0 · closed 8
Plumbing – defective/leaking/not maintained Closed Mar 13, 2025
Complaint 3A06106
View on BIS ↗
Illegal conversion Closed Sep 6, 2006
Complaint 3202046
View on BIS ↗
Illegal conversion Closed Aug 11, 2006
Complaint 3199634
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Show all 8
Permit – none (building/PA/demolition) Closed Apr 12, 2005
Complaint 3154458
View on BIS ↗
Egress – locked/blocked/improper/none Closed Feb 8, 2005
Complaint 3149812
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Permit – none (building/PA/demolition) Closed Jan 25, 2005
Complaint 3148866
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Egress – locked/blocked/improper/none Closed Jan 25, 2005
Complaint 3148869
View on BIS ↗
Permit – none (building/PA/demolition) Closed Jan 3, 1996
Complaint 3045228
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL3078610063
SWIS610100
Parcel ID6101003078610063

Who owns 2040 Flatbush Avenue?

2040 Flatbush Avenue, Brooklyn is owned by 2038-50 Flatbush Avenue LLC per the 2025 NYS assessment roll. It last sold for $4,500,000 in Mar 2015.
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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