NY Property Records
1242 39th Street
1242 39th Street
Brooklyn · Kings County · 11218
05 · Commercial & OfficeSold $3,000,000 · Oct 2021 ↗
Owner of record
Owner1240 Properties 26 LLC
Assessment · 2025 roll
Land assessed$317,250
Total assessed$2,305,800
Est. annual tax$223,422 (2027, excl. special districts)
Building
StyleTen Stories & Over (Side Street Type)
Year built2023
Lot
Size0.09 acres (GIS)
Frontage × depth40 × 95 ft
Lot sq ft3,807
Zoning
DistrictR6
FAR5.71 built · 2.43 max residential · 4.8 max facility
Zoning map22c
Recorded documents · 32
TERMINATION OF ASSIGN OF L&R
Jan 10, 2025
party one Stearns Bank National Association
party two 1240 Properties 26 LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jan 10, 2025
assignor/old lender Stearns Bank National Association
assignee/new lender First Commerce Bank
View on ACRIS ↗
MORTGAGE
$1,235,556
Jan 10, 2025
mortgagor/borrower 1240 Properties 26 LLC
mortgagee/lender First Commerce Bank
View on ACRIS ↗Show all 32
AGREEMENT
$7,150,000
Jan 10, 2025
party 1 First Commerce Bank
party 2 1240 Properties 26 LLC
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ASSIGNMENT OF LEASES AND RENTS
$7,150,000
Jan 10, 2025
assignor 1240 Properties 26 LLC
assignee First Commerce Bank
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ASSIGNMENT OF LEASES AND RENTS
$5,995,000
Jan 10, 2024
assignor 1240 Properties 26 LLC
assignee Stearns Bank National Association
View on ACRIS ↗
MORTGAGE SPREADER AGREEMENT
$5,995,000
Jan 10, 2024
party one/mortgagor 1240 Properties 26 LLC
party two/mortgagee Stearns Bank National Association
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jan 10, 2024
assignor/old lender Popular Bank
assignee/new lender Stearns Bank National Association
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jan 10, 2024
assignor/old lender Popular Bank
assignee/new lender Stearns Bank National Association
View on ACRIS ↗
MORTGAGE
$5,717,155
Apr 5, 2022
mortgagor/borrower 1240 Properties 26 LLC
mortgagee/lender Popular Bank
View on ACRIS ↗
MORTGAGE
$962,845
Apr 5, 2022
mortgagor/borrower 1240 Properties 26 LLC
mortgagee/lender Popular Bank
View on ACRIS ↗
DEED
$3,000,000
Nov 3, 2021
grantor/seller Ortegro Realty 39 LLC
grantee/buyer 1240 Properties 26 LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 4, 2020
mortgager/borrower Ortegro Realty 39 LLC
mortgagee/lender Patch Of Land Lending, LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 4, 2020
mortgager/borrower Ortegro Realty 39 LLC
mortgagee/lender Patch Of Land Lending, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 16, 2019
assignor/old lender Patch Of Land Lending, LLC
assignee/new lender Accolend LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 16, 2019
assignor/old lender Patch Of Land Lending, LLC
assignee/new lender Accolend LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$721,500
Apr 6, 2018
assignor Ortegro Realty 39 LLC
assignee Patch Of Land Lending, LLC.
View on ACRIS ↗
MORTGAGE
$721,500
Apr 6, 2018
mortgagor/borrower Ortegro Realty 39 LLC
mortgagee/lender Patch Of Land Lending, LLC.
View on ACRIS ↗
MORTGAGE
$1,140,000
Apr 6, 2018
mortgagor/borrower Ortegro Realty 39 LLC
mortgagee/lender Patch Of Land Lending, LLC.
View on ACRIS ↗
DEED
$1,050,000
Apr 6, 2018
grantor/seller Salinas, Fray
grantee/buyer Ortegro Realty 39 LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,140,000
Apr 6, 2018
assignor Ortegro Realty 39 LLC
assignee Patch Of Land Lending, LLC.
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 3, 1995
mortgager/borrower Maligno, Vincent; Salinas, Alba +2
mortgagee/lender Maligno, Joseph Jr
View on ACRIS ↗
MORTGAGE
Aug 16, 1978
mortgagor/borrower Salinas Alba; Salinas Fray
mortgagee/lender Maligno Joseph; Maligno Vincent +1
View on ACRIS ↗
DEED
Aug 16, 1978
grantor/seller Maligno Bette Ann; Maligno Betty Ann +4
grantee/buyer Salinas Alba; Salinas Fray
View on ACRIS ↗
DEED
Oct 21, 1977
grantor/seller Commissioner Of Finance Of The City O Fnew York; Commissioner Of Finance Of The City Of New Yor +29
grantee/buyer City Of New York; City Of Ny +8
View on ACRIS ↗DOB complaints — total 3 · open 0 · closed 3
No DOB violations or HPD violations on file.
Deed & identifiers
SBL3052930021
SWIS610100
Parcel ID6101003052930021
Who owns 1242 39th Street?
1242 39th Street, Brooklyn is owned by 1240 Properties 26 LLC per the 2025 NYS assessment roll. It last sold for $3,000,000 in Oct 2021.
Nearby on 39th Street
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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