NY Property Records
5118 4 Avenue
5118 4 Avenue
Brooklyn · Kings County · 11220
05 · Commercial & OfficeSold $5,500,000 · Jul 2017 ↗
Owner of record
Owner5120 Realty Corp
Assessment · 2025 roll
Land assessed$31,500
Total assessed$232,200
Est. annual tax$22,587 (2027, excl. special districts)
Building
StyleOne Story Store Building
Year built1931
Lot
Size0.11 acres (GIS)
Frontage × depth50 × 100 ft
Lot sq ft5,000
Zoning
DistrictR7A
Commercial overlayC2-4
FAR0.4 built · 4.0 max residential · 4.0 max facility
Zoning map22a
Recorded documents · 56
TAX LIEN SALE CERTIFICATE
Oct 2, 2025
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗Show all 56
ASSIGNMENT OF LEASES AND RENTS
$3,500,000
Jul 7, 2020
assignor 5120 Realty Corp
assignee Bp3 Capital LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 7, 2020
assignor/old lender Bp3 Capital LLC
assignee/new lender Strong Entities LLC
View on ACRIS ↗
MORTGAGE
$1,000,000
Jul 7, 2020
mortgagor/borrower 5120 Realty Corp
mortgagee/lender Bp3 Capital LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$2,500,000
May 22, 2020
assignor 5120 Realty Corp
assignee Bp3 Capital LLC
View on ACRIS ↗
MORTGAGE
$2,500,000
May 22, 2020
mortgagor/borrower 5120 Realty Corp
mortgagee/lender Bp3 Capital LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Dec 18, 2019
mortgager/borrower 5120 Realty Corp
mortgagee/lender 4th Avenue Funding LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Dec 18, 2019
party one 4th Avenue Funding LLC
party two 5120 Realty Corp
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Aug 15, 2017
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 25, 2017
assignor/old lender 4 Ave Double LLC
assignee/new lender 4th Avenue Funding LLC
View on ACRIS ↗
DEED
$5,500,000
Jul 25, 2017
grantor/seller Varela Properties LLC; Varela, Andrew +1
grantee/buyer 5120 Realty Corp
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jul 25, 2017
party one 4 Ave Double LLC; Northfield Bank
party two Varela, Andrew
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$3,000,000
Jul 25, 2017
assignor 5120 Realty Corp
assignee 4th Avenue Funding LLC
View on ACRIS ↗
MORTGAGE
$2,052,785
Jul 25, 2017
mortgagor/borrower 5120 Realty Corp
mortgagee/lender 4th Avenue Funding LLC
View on ACRIS ↗
AGREEMENT
$3,000,000
Jul 25, 2017
party 1 5120 Realty Corp
party 2 4th Avenue Funding LLC
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Aug 24, 2016
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
ASSIGNMENT OF TAX LIEN
May 11, 2016
party 1 The Bank Of New York Mellon
party 2 The Bank Of New York Mellon
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Aug 25, 2015
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
ASSIGNMENT OF TAX LIEN
Jun 17, 2015
party 1 The Bank Of New York Mellon
party 2 The Bank Of New York Mellon
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Jun 8, 2015
mortgager/borrower Varela, Andrew; Varela, Elizabeth
mortgagee/lender Santander Bank, N.A.; Sovereign Bank +2
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 8, 2015
party one Staten Island Savings Bank
party two Independence Community Bank; Santander Bank Na +4
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Jun 8, 2015
mortgager/borrower Varela, Andrew
mortgagee/lender Independence Community Bank; Santander Bank Na +6
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 8, 2015
party one Staten Island Savings Bank
party two Independence Community Bank; Santander Bank Na +4
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Nov 13, 2014
assignor/old lender Northfield Bank
assignee/new lender 4 Ave Double LLC
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Aug 20, 2014
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Aug 13, 2013
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
MORTGAGE
$56,561
Aug 5, 2008
mortgagor/borrower Varela, Andrew
mortgagee/lender Northfield Bank,
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,038,750
Aug 5, 2008
assignor Varela, Andrew
assignee Northfield Bank,
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Aug 5, 2008
assignor/old lender Greenpoint Mortgage Funding, Inc.
assignee/new lender Northfield Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$998,000
Sep 25, 2006
assignor Varela, Andrew
assignee Greenpoint Mortgage Funding, Inc.
View on ACRIS ↗
MORTGAGE
$998,000
Sep 25, 2006
mortgagor/borrower Varela, Andrew
mortgagee/lender Greenpoint Mortgage Funding, Inc.
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$400,000
Sep 29, 2004
assignor Si Bank & Trust
assignee Varela, Andrew Sr
View on ACRIS ↗
MORTGAGE
$143,925
Sep 29, 2004
mortgagor/borrower Varela, Andrew Sr
mortgagee/lender Si Bank & Trust
View on ACRIS ↗
AGREEMENT
$400,000
Sep 29, 2004
party 1 Varela Travel Agency , Inc.; Varela, Andrew Sr
party 2 Si Bank & Trust
View on ACRIS ↗
AGREEMENT
May 14, 2001
party 1 Varela, Andrew; Varela, Elizabeth
party 2 Si Bank & Trust; Staten Island Savings Bank
View on ACRIS ↗
MORTGAGE
$42,197
May 14, 2001
mortgagor/borrower Varela, Andrew
mortgagee/lender Si Bank & Trust
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 14, 2001
assignor/old lender Varela, Andrew
assignee/new lender Si Bank & Trust
View on ACRIS ↗
MORTGAGE
$45,000
Feb 7, 2000
mortgagor/borrower Varela, Andrew
mortgagee/lender Staten Island Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 7, 2000
assignor/old lender Varela, Andrew
assignee/new lender Staten Island Savings Bank
View on ACRIS ↗
AGREEMENT
Oct 19, 1999
party 1 Staten Island Savings Bank
party 2 Varela, Andrew; Varela, Elizabeth
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Oct 19, 1999
assignor/old lender Varela, Andrew; Varela, Elizabeth
assignee/new lender Staten Island Savings Bank
View on ACRIS ↗
MORTGAGE
$287,794
Oct 19, 1999
mortgagor/borrower Varela, Andrew; Varela, Elizabeth
mortgagee/lender Staten Island Savings Bank
View on ACRIS ↗No DOB violations, HPD violations, or complaints on file.
Deed & identifiers
SBL3007980041
SWIS610100
Parcel ID6101003007980041
Who owns 5118 4 Avenue?
5118 4 Avenue, Brooklyn is owned by 5120 Realty Corp per the 2025 NYS assessment roll. It last sold for $5,500,000 in Jul 2017.
Nearby on 4 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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