NY Property Records
551 Albany Avenue
551 Albany Avenue
Brooklyn · Kings County · 11203
02 · Walk-Up AptsSold $1,964,172 · Mar 2023 ↗
Owner of record
Owner551 Albany Ave, LLC
Assessment · 2025 roll
Land assessed$77,400
Total assessed$376,650
Est. annual tax$6,248 (2027, excl. special districts)
Building
StyleOver Six Families Without Stores
Year built1899
Living area5,985 sq ft
Lot
Size0.05 acres (GIS)
Frontage × depth18 × 109 ft
Lot sq ft2,020
Zoning
DistrictR6
FAR2.96 built · 2.43 max residential · 4.8 max facility
Zoning map17b
Recorded documents · 49
ASSIGNMENT, MORTGAGE
Feb 24, 2026
assignor/old lender Fairbridge Strategic Capital LLC
assignee/new lender Red Oak Capital Originations, LLC
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Oct 2, 2025
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Oct 1, 2025
assignor/old lender Red Oak Capital Originations LLC
assignee/new lender Rocf Iv Spv, LLC
View on ACRIS ↗Show all 49
ASSIGNMENT OF LEASES AND RENTS
Oct 1, 2025
assignor Rocf Iv Spv, LLC
assignee Cross River Bank
View on ACRIS ↗
AGREEMENT
$2,824,000
Sep 23, 2025
party 1 551 Albany Ave, LLC
party 2 Red Oak Capital Originations, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 23, 2025
assignor/old lender Oaktree Fund Administration, LLC
assignee/new lender Fairbridge Strategic Capital LLC
View on ACRIS ↗
MORTGAGE
$574,000
Sep 23, 2025
mortgagor/borrower 551 Albany Ave, LLC
mortgagee/lender Red Oak Capital Originations, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Sep 23, 2025
party one Fairbridge Strategic Capital LLC
party two Oaktree Fund Administration, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 23, 2025
assignor/old lender Fairbridge Strategic Capital LLC
assignee/new lender Red Oak Capital Originations, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 23, 2025
assignor/old lender Oaktree Fund Administration, LLC
assignee/new lender Fairbridge Strategic Capital LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 23, 2025
assignor/old lender Fairbridge Strategic Capital LLC
assignee/new lender Red Oak Capital Originations, LLC
View on ACRIS ↗
DEED
$1,964,172
Apr 10, 2023
grantor/seller Jg Funding Corp.
grantee/buyer 551 Albany Ave, LLC
View on ACRIS ↗
MORTGAGE
$1,365,000
Apr 10, 2023
mortgagor/borrower 551 Albany Ave, LLC
mortgagee/lender Fairbridge Strategic Capital LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,365,000
Apr 10, 2023
assignor 551 Albany Ave, LLC
assignee Fairbridge Strategic Capital LLC
View on ACRIS ↗
MORTGAGE
$885,000
Apr 10, 2023
mortgagor/borrower 551 Albany Ave, LLC
mortgagee/lender Fairbridge Strategic Capital LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$885,000
Apr 10, 2023
assignor 551 Albany Ave, LLC
assignee Fairbridge Strategic Capital LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Apr 10, 2023
assignor/old lender Fairbridge Strategic Capital LLC
assignee/new lender Oaktree Fund Administration, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Apr 10, 2023
assignor/old lender Fairbridge Strategic Capital LLC
assignee/new lender Oaktree Fund Administration, LLC
View on ACRIS ↗
DEED
$1,000
Apr 10, 2023
grantor/seller Famulari, As Referee, Dominic J
grantee/buyer Jg Funding Corp.
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Apr 10, 2023
mortgager/borrower Albany 551 LLC
mortgagee/lender Jg Funding Corp
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Apr 10, 2023
mortgager/borrower Gbrc Holdings LLC
mortgagee/lender Jg Funding Corp.
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Apr 10, 2023
party one Jg Funding Corp.
party two Gbrc Holdings LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Apr 10, 2023
party one Jg Funding Corp.
party two Gbrc Holdings LLC
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE
Mar 4, 2022
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
CERTIFICATE
Apr 30, 2019
party 1 Landmark Abstract Agency LLC
party 2 Gbrc Holdings, LLC; Jg Funding Corp.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jan 14, 2019
assignor/old lender Ss-Np-Select Delaware Owner Trust
assignee/new lender Jg Funding Corp.
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,750,000
Jan 14, 2019
assignor Gbrc Holdings, LLC
assignee Jg Funding Corp.
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$850,000
Jan 14, 2019
assignor Gbrc Holdings, LLC
assignee Jg Funding Corp.
View on ACRIS ↗
DEED
$1,200,000
Jan 14, 2019
grantor/seller Albany 551 LLC
grantee/buyer Gbrc Holdings, LLC
View on ACRIS ↗
MORTGAGE
$1,750,000
Jan 14, 2019
mortgagor/borrower Gbrc Holdings, LLC
mortgagee/lender Jg Funding Corp.
View on ACRIS ↗
MORTGAGE
$258,000
Jan 14, 2019
mortgagor/borrower Gbrc Holdings, LLC
mortgagee/lender Jg Funding Corp.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jan 14, 2019
assignor/old lender Sharestates Investments, LLC Series Bc2018-002078
assignee/new lender Ss-Np-Select Delaware Owner Trust
View on ACRIS ↗
MORTGAGE
$592,000
Apr 26, 2018
mortgagor/borrower Albany 551 LLC
mortgagee/lender Sharestates Investments, LLC Series Bc2016-002078
View on ACRIS ↗
MORTGAGE
$450,000
Nov 16, 2017
mortgagor/borrower W 551 LLC
mortgagee/lender 551 Albany LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
Nov 16, 2017
assignor W 551 LLC
assignee 551 Albany LLC
View on ACRIS ↗
DEED
$650,000
Jun 20, 2017
grantor/seller Noa Development Group Inc
grantee/buyer Wilhelm, Menachem
View on ACRIS ↗
DEED
$475,000
Jun 14, 2017
grantor/seller Estate Of Thomas Gore; Estate Of Thomas W. Gore +2
grantee/buyer Noa Development Group, Inc.
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Jul 18, 2002
mortgager/borrower Gore, Thomas W
mortgagee/lender City Of New York
View on ACRIS ↗
MORTGAGE
$39,000
Jan 28, 1987
mortgagor/borrower Gore, Thomas W
mortgagee/lender City Of New York
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 violations — total 14 · open 12 · dismissed 2
AEUHAZ
Active
May 15, 2026
BIS ↗Gas Piping - LL152
Active
Oct 31, 2025
BIS ↗C-CONSTRUCTION OTHER OPTIONAL
Active
Apr 24, 2025
AS PER SECTION 28-207.2 STOP ALL WORK UNDER PERMIT #321387003 DUE TO CONSTRUCTION SUPERINTENDENT HAS WITHDRAWN FROM THE PROJECT. STOP ALL WORK IMMEDIA
BIS ↗Show all 14
C-CONSTRUCTION OTHER OPTIONAL
Active
Feb 14, 2025
BOROUGH COMMISSIONER HAS STOPPED ALL WORK IMMEDIATELY ON 02/14/25 FOR APPLICATION #321387003 DUE TO CONTRACTOR WITHDRAWAL
BIS ↗AEUHAZ
Active
Oct 4, 2023
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Active
Aug 18, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Active
Aug 18, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Active
Aug 18, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Active
Feb 5, 2020
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Active
Feb 5, 2020
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Nov 13, 2019
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗UB-UNSAFE BUILDINGS NONE
Dismissed
Aug 25, 2018
BIS ↗C-CONSTRUCTION OTHER OPTIONAL
Active
Feb 9, 1993
BIS ↗C-CONSTRUCTION OTHER OPTIONAL
Active
Aug 4, 1989
BIS ↗DOB complaints — total 35 · open 0 · closed 35
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Apr 3, 2026
Complaint 3A56047
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Apr 3, 2026
Complaint 3A56044
View on BIS ↗Show all 35
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Mar 22, 2024
Complaint 3952921
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Oct 11, 2023
Complaint 3930719
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
May 30, 2023
Complaint 3907330
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Dec 30, 2022
Complaint 3887832
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Sep 24, 2021
Complaint 3815328
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Sep 20, 2021
Complaint 3814736
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Sep 17, 2021
Complaint 3814405
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Oct 24, 2019
Complaint 3727090
View on BIS ↗No HPD violations on file.
Deed & identifiers
SBL3048000008
SWIS610100
Parcel ID6101003048000008
Who owns 551 Albany Avenue?
551 Albany Avenue, Brooklyn is owned by 551 Albany Ave, LLC per the 2025 NYS assessment roll. It last sold for $1,964,172 in Mar 2023.
Nearby on Albany 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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