NY Property Records
40 Franklin Avenue
40 Franklin Avenue
Brooklyn · Kings County · 11205
06 · IndustrialSold $2,800,000 · Mar 2004 ↗
Owner of record
OwnerWong Tung,
Assessment · 2025 roll
Land assessed$180,900
Total assessed$1,104,750
Est. annual tax$102,874 (2027, excl. special districts)
Building
StyleMiscellaneous
Year built1968
Lot
Size0.47 acres (GIS)
Frontage × depth175 × 117 ft
Lot sq ft20,075
Zoning
DistrictM1-2
FAR1.15 built · 2.0 max commercial · 4.8 max facility
Zoning map12d
Recorded documents · 43
SATISFACTION OF MORTGAGE
Aug 22, 2022
mortgager/borrower Wong Tung, LLC
mortgagee/lender Cathay Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Aug 22, 2022
party one Wong Tung, LLC
party two Cathay Bank
View on ACRIS ↗
MORTGAGE
$2,500,000
Aug 12, 2022
mortgagor/borrower Wong Tung, LLC
mortgagee/lender Abacus Federal Savings Bank
View on ACRIS ↗Show all 43
ASSIGNMENT OF LEASES AND RENTS
$2,500,000
Aug 12, 2022
assignor Wong Tung, LLC
assignee Abacus Federal Savings Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,900,000
Mar 17, 2014
assignor Wong Tung, LLC
assignee Cathay Bank
View on ACRIS ↗
MORTGAGE AND CONSOLIDATION
$1,900,000
Mar 17, 2014
mortgagor Wong Tung, LLC
mortgagee Cathay Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Mar 17, 2014
party one Industrial And Commercial Bank Of China (Usa) Na; The Bank Of East Asia (U.S.A.) N.A.
party two Wong Tung, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Mar 17, 2014
assignor/old lender Industrial And Commercial Bank Of China (Usa) Na; The Bank Of East Asia (U.S.A.) N.A.
assignee/new lender Cathay Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,960,000
May 3, 2004
assignor The Bank Of East Asia (U.S.A.) N.A.
assignee Wong Tung, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
May 3, 2004
party one The Bank Of East Asia, Limited, New York Branch
party two The Bank Of East Asia (U.S.A.) N.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 3, 2004
assignor/old lender The Bank Of East Asia, Limited, New York Branch
assignee/new lender The Bank Of East Asia (U.S.A.) N.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 3, 2004
assignor/old lender The Bank Of East Asia, Limited, New York Branch
assignee/new lender The Bank Of East Asia (U.S.A.) N.A.
View on ACRIS ↗
MORTGAGE
$443,750
May 3, 2004
mortgagor/borrower Wong Tung, LLC
mortgagee/lender The Bank Of East Asia (U.S.A.) N.A.
View on ACRIS ↗
AGREEMENT
Nov 18, 2003
party 1 The Bank Of East Asia, Limited, New York Branch
party 2 You Yee Corp.
View on ACRIS ↗
MORTGAGE
$790,000
Feb 28, 2000
mortgagor/borrower Bank Of East Asia
mortgagee/lender You Yee Corp
View on ACRIS ↗
MORTGAGE
$51,156
Feb 28, 2000
mortgagor/borrower Bank Of East Asia
mortgagee/lender You Yee Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 28, 2000
assignor/old lender Hongkong Bank Division Of Marine Midland Bank
assignee/new lender Bank Of East Asia Limited
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 28, 2000
assignor/old lender You Yee Corp
assignee/new lender Bank Of East Asia
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 28, 2000
assignor/old lender Hongkong & Shanghaibanking Corp Limited
assignee/new lender Hongkongbank Division Of Marine Midland Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 28, 2000
assignor/old lender Hsbc Bank Usa
assignee/new lender Bank Of East Asia
View on ACRIS ↗
MORTGAGE
$460,000
Jun 16, 1995
mortgagor/borrower You Yee Corporaiton
mortgagee/lender Hongkongbank Division Of Marine Midland Bank
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Mar 5, 1992
mortgager/borrower You Yee Corp
mortgagee/lender Asia Bank Na
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 7, 1992
assignor/old lender You Yee Corporation
assignee/new lender Hongkong & Shanghaibank
View on ACRIS ↗
MORTGAGE
$6,919
Feb 7, 1992
mortgagor/borrower You Yee Corporation
mortgagee/lender Hongkong &Shanghai Bkng
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 7, 1992
assignor/old lender Bank Central Asia
assignee/new lender Hong Kong & Shanghaibnk
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Feb 7, 1992
assignor/old lender Bank Central Asia
assignee/new lender Hong Kong & Shanghaibnk
View on ACRIS ↗
MORTGAGE
$200,000
Jun 21, 1991
mortgagor/borrower You Yee Corp
mortgagee/lender Asia Bank Na
View on ACRIS ↗
MORTGAGE
$200,000
Jan 5, 1990
mortgagor/borrower You Yee Corp
mortgagee/lender Bank Central Asia
View on ACRIS ↗
MORTGAGE
$855,000
Dec 20, 1989
mortgagor/borrower You Yee Corp
mortgagee/lender Bank Central Asia
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Dec 20, 1989
mortgager/borrower Perfect Properties Inc
mortgagee/lender Bank Central Asia
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 20, 1989
assignor/old lender You Yee Corp
assignee/new lender Bank Central Asia
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Dec 20, 1989
mortgager/borrower Perfect Properties Inc
mortgagee/lender A To Z Capital Corp
View on ACRIS ↗
MORTGAGE
$495,000
Jul 28, 1987
mortgagor/borrower Perfect Properties Inc
mortgagee/lender Bank Central Asia
View on ACRIS ↗
DEED
May 17, 1985
grantor/seller A To Z Capital Corp
grantee/buyer Perfect Properties Inc
View on ACRIS ↗
MORTGAGE
$630,000
May 17, 1985
mortgagor/borrower Perfect Properties Inc
mortgagee/lender A To Z Capital Corp
View on ACRIS ↗DOB violations — total 1 · open 0 · dismissed 0
C-CONSTRUCTION OTHER OPTIONAL
Work W/O Permit Dismissed
Jan 14, 1998
BIS ↗DOB complaints — total 2 · open 0 · closed 2
No HPD violations on file.
Deed & identifiers
SBL3018840057
SWIS610100
Parcel ID6101003018840057
Who owns 40 Franklin Avenue?
40 Franklin Avenue, Brooklyn is owned by Wong Tung, per the 2025 NYS assessment roll. It last sold for $2,800,000 in Mar 2004.
Nearby on Franklin 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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