NY Property Records

621 Degraw Street
Brooklyn · Kings County · 11217

05 · Commercial & OfficeSold $2,500,000 · Jun 2023 ↗
Owner of record
OwnerFac Center Local Development Corporation
Assessment · 2025 roll
Land assessed$168,300
Total assessed$1,714,500
Est. annual tax$184,514 (2027, excl. special districts)
Building
StyleTen Stories & Over (Side Street Type)
Year built1940
Lot
Size0.21 acres (GIS)
Frontage × depth95 × 98 ft
Lot sq ft9,340
Zoning
DistrictM1-4
Special districtG
FAR2.14 built · 2.0 max commercial · 6.5 max facility
Zoning map16c
Recorded documents · 54
CERTIFICATE Jun 26, 2023
party 1 All New York Title Agency, Inc.
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DECLARATION Jun 26, 2023
party 1 Fac Center Local Development Corporation
party 2 164 4 LLC
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DEVELOPMENT RIGHTS $2,500,000 Jun 26, 2023
party one Fac Center Local Development Corporation
party two 164 4 LLC
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ZONING LOT DESCRIPTION Jun 26, 2023
party one 164 4 LLC
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SUNDRY MISCELLANEOUS Jun 26, 2023
party 1 Low Income Investment Fund
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SUNDRY MISCELLANEOUS Jun 26, 2023
party 1 The City Of New York, Acting By And Through Its De
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SATISFACTION OF MORTGAGE Sep 1, 2006
mortgager/borrower Fac Housing Development Fund Corporation; Fifth Avenue Committee, Inc.
mortgagee/lender As Successor To The Roslyn Savings Bank; New York Community Bank
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SATISFACTION OF MORTGAGE Jul 1, 2006
mortgager/borrower Fac Housing Development Fund Corporation; Fifth Avenue Committee, Inc.
mortgagee/lender New York Community Bank, As Successor To; The Roslyn Savings Bank
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TERMINATION OF ASSIGN OF L&R Jul 1, 2006
party one As Successor By Merger; New York Community Bank
party two Fac Housing Development Fund Corporation; Fifth Avenue Committee, Inc.
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SATISFACTION OF MORTGAGE Jul 1, 2006
mortgager/borrower Fac Housing Development Fund Corporation; Fifth Avenue Committee, Inc.
mortgagee/lender New York Community Bank, As Successor To; The Roslyn Savings Bank
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SATISFACTION OF MORTGAGE Jun 6, 2006
mortgager/borrower Fac Housing Development Fund Corporation
mortgagee/lender Local Initiatives Support Corporation
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TERMINATION OF ASSIGN OF L&R Jun 6, 2006
party one Local Initiatives Support Corporation
party two Fac Housing Development Fund Corporation
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SATISFACTION OF MORTGAGE Jun 6, 2006
mortgager/borrower Fac Housing Development Fund Corporation; Fifth Avenue Commitee, Inc.
mortgagee/lender Local Initiatives Support Corporation
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ASSIGNMENT OF LEASES AND RENTS $825,000 May 22, 2006
assignor Low Income Investment Fund
assignee Fac Center Local Development Corporation
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MORTGAGE $825,000 May 22, 2006
mortgagor/borrower Fac Center Local Development Corporation
mortgagee/lender Low Income Investment Fund
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DEED $10 May 22, 2006
grantor/seller Fac Housing Development Fund Corporation
grantee/buyer Fac Center Local Development Corporation
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ASSIGNMENT OF LEASES AND RENTS $4,140,000 May 22, 2006
assignor Low Income Investment Fund
assignee Fac Center Local Development Corporation
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MORTGAGE $4,140,000 May 22, 2006
mortgagor/borrower Fac Center Local Development Corporation
mortgagee/lender Low Income Investment Fund
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CERTIFICATE Jul 25, 2005
party 1 Stewart Title Insurance Company
party 2 Fac Housing Development Fund Corporation
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CERTIFICATE May 12, 2005
party 1 Stewart Title Insurance Company
party 2 Fifth Avenue Committee
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ZONING LOT DESCRIPTION Jan 31, 2005
party one Stewart Title Insurance Company
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DECLARATION Jan 31, 2005
party 1 New York Community Bank
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DECLARATION Jan 31, 2005
party 1 Local Initiatives Support Corporation
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DECLARATION Jan 31, 2005
party 1 Fac Housing Development Fund Corporation
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ZONING LOT DESCRIPTION Jan 31, 2005
party one Fac Housing Development Fund Corporation
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ASSIGNMENT, MORTGAGE Jul 8, 2002
assignor/old lender Fac Housing Development Fund Corporation
assignee/new lender Local Initiatives Support Corporation
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MORTGAGE $189,457 Jun 28, 2002
mortgagor/borrower Fac Housing Development Fund Corporation; Fifth Avenue Committee Inc
mortgagee/lender Roslyn Savings Bank
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SATISFACTION OF MORTGAGE Jun 28, 2002
mortgager/borrower Rinaldi, Frank
mortgagee/lender Progressive Credit Union
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MORTGAGE $435,000 Jun 28, 2002
mortgagor/borrower Fac Housing Development Fund Corporation
mortgagee/lender Local Initiatives Support Corporation
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SUNDRY AGREEMENT Jun 28, 2002
party 1 Progressive Credit Union
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MORTGAGE $390,000 Jun 28, 2002
mortgagor/borrower Fac Housing Development Fund Corporation; Fifith Avenue Committee Inc
mortgagee/lender Roslyn Savings Bank
View on ACRIS ↗
MORTGAGE $3,174,828 Jun 28, 2002
mortgagor/borrower Fac Housing Development Fund Corporation; Fifth Avenue Committee Inc
mortgagee/lender Roslyn Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jun 28, 2002
assignor/old lender Fac Housing Development Fund Corporation; Fifith Avenue Committee Inc
assignee/new lender Roslyn Savings Bank
View on ACRIS ↗
MORTGAGE $390,000 Jun 28, 2002
mortgagor/borrower Fac Housing Development Fund Corporation
mortgagee/lender Local Initiatives Support Corporation
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DEED Jun 7, 2002
grantor/seller Rinaldi, Frank
grantee/buyer Fac Housing Development Fund Corporation
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DEED Jun 7, 2002
grantor/seller Grandenetti, Annette/Devisees; Rinaldi, Frank/Devisees +2
grantee/buyer Rinaldi, Frank
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MORTGAGE $180,000 Dec 10, 2001
mortgagor/borrower Rinaldi, Frank
mortgagee/lender Progressive Credit Union
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ASSIGNMENT, MORTGAGE Dec 10, 2001
assignor/old lender Rinaldi, Frank
assignee/new lender Progressive Credit Union
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RELEASE OF ESTATE TAX LIEN Dec 10, 2001
decedent Rinaldi, Josephine/Est Of
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DEED Aug 13, 1996
grantor/seller Grandenetti, Annetteexec; Rinaldi, Frank Exec +1
grantee/buyer Rinaldi, Frank
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SATISFACTION OF MORTGAGE Apr 28, 1992
mortgager/borrower Rinaldi, Josephine
mortgagee/lender Flatbush Federal Savings And Loan Assn
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DEED Jun 24, 1974
grantor/seller Rinaldi Realty Corp
grantee/buyer Rinaldi Dominick; Rinaldi Josephine
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MORTGAGE Feb 8, 1974
mortgagor/borrower Rinaldi Realty Corp
mortgagee/lender Flatbush Fedl Savs & Loan Assn Of Bklyn
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RELEASE Feb 8, 1974
party 1 Central State Bank
party 2 Douglas Degraw Realty Corp
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DEED Feb 8, 1974
grantor/seller Douglas Degraw Realty Corp; Douglass Degraw Realty Corp
grantee/buyer Rinaldi Realty Corp
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DEED Feb 4, 1974
grantor/seller Lembo Alphonse A
grantee/buyer Douglas Degraw Rlty Corp; Douglass Degraw Rlty Corp
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ASSIGNMENT, MORTGAGE Feb 4, 1974
assignor/old lender Vetri Peter
assignee/new lender Central State Bk
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ASSIGNMENT, MORTGAGE Feb 4, 1974
assignor/old lender Teeg Corp; Three Hundred Douglas Street Inc +2
assignee/new lender Vetri Peter
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SUNDRY AGREEMENT Feb 4, 1974
party 1 Central State Bank; Douglas Degraw Rlty Corp +1
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DEED Nov 1, 1973
grantor/seller Douglass Degraw Realty Corp; Douglass Degraw Relty Corp
grantee/buyer Lembo Alphonse A
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MORTGAGE Oct 13, 1972
mortgagor/borrower Douglas-Degraw Rlty Corp; Douglass Degraw Rlty Corp
mortgagee/lender 300 Douglass Street Inc; Tee G Corp +3
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DEED Oct 13, 1972
grantor/seller 300 Douglass Street Inc; Tee G Corp +3
grantee/buyer Douglas Degraw Rlty Corp; Douglass Degraw Rlty Corp
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SUNDRY AGREEMENT Oct 13, 1972
party 1 California Pie & Baking Co Inc; California Pie Baking Co Inc
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SUNDRY AGREEMENT Jan 27, 1970
party 1 California Pie & Baking Co Inc Tenant; Turnschless Holding Corp Landlord
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DOB violations — total 27 · open 13 · dismissed 7
GHG Emissions - LL97 Active Dec 19, 2025
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Elevators Active Oct 23, 2023
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Elevators Active Oct 23, 2023
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Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Aug 11, 2023
BIS ↗
Energy Grade - LL33 Active Dec 1, 2021
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗
Energy Grade - LL33 Active Apr 29, 2021
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Dec 21, 2020
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E-ELEVATOR ELEVATORREQUIRED Active Nov 14, 2019
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E-ELEVATOR ELEVATORREQUIRED Active Oct 23, 2018
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Elevators Active Jan 26, 2018
VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2016 CAT 1 INSP/TST
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Nov 2, 2017
BIS ↗
AEUHAZ Dismissed Aug 24, 2016
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗
Elevators Active Jun 1, 2016
FAILURE TO PERFORM CATEGORY 5 INSPECTION
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E-ELEVATOR ELEVATORREQUIRED Resolved Apr 25, 2013
BIS ↗
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Dec 13, 2011
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2010 INSPECTION/TEST
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Apr 20, 2011
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 20, 2011
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VCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Oct 8, 2010
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E-ELEVATOR ELEVATORREQUIRED Resolved May 3, 2010
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E-ELEVATOR ELEVATORREQUIRED Resolved Oct 7, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved May 2, 2007
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E-ELEVATOR ELEVATORREQUIRED Resolved Feb 7, 2006
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Nov 19, 2004
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C-CONSTRUCTION OTHER OPTIONAL Dismissed Aug 22, 2001
HAZARDOUS
BIS ↗
C-CONSTRUCTION OTHER OPTIONAL Dismissed Aug 22, 2001
HAZARDOUS
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C-CONSTRUCTION OTHER OPTIONAL Dismissed Apr 14, 1993
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DOB complaints — total 6 · open 0 · closed 6
Category 8A Closed Jul 5, 2025
Complaint 3A20410
View on BIS ↗
Building shaking/vibrating/structural stability Closed Oct 6, 2023
Complaint 3930228
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Sprinkler system – inadequate Closed May 26, 2016
Complaint 3559904
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Show all 6
Gas hook-up/piping – illegal or defective Closed May 24, 2016
Complaint 3559613
View on BIS ↗
Debris – excessive Closed May 24, 2016
Complaint 3559612
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Permit – none (building/PA/demolition) Closed May 7, 2003
Complaint 3112500
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No HPD violations on file.
Deed & identifiers
SBL3004200045
SWIS610100
Parcel ID6101003004200045

Who owns 621 Degraw Street?

621 Degraw Street, Brooklyn is owned by Fac Center Local Development Corporation per the 2025 NYS assessment roll. It last sold for $2,500,000 in Jun 2023.
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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