NY Property Records
503 Lake Street
503 Lake Street
Brooklyn · Kings County · 11223
08 · Public FacilityLast sold Sep 2020 · click to view deed ↗
Owner of record
OwnerBright Future Realty LLC
Assessment · 2025 roll
Land assessed$137,700
Total assessed$1,866,150
Est. annual tax$187,044 (2027, excl. special districts)
Building
StyleOther Private Schools
Year built2002
Lot
Size0.18 acres (GIS)
Frontage × depth84 × 90 ft
Lot sq ft7,560
Zoning
DistrictR5
FAR2.68 built · 1.5 max residential · 2.0 max facility
Zoning map28c
Recorded documents · 22
MEMORANDUM OF LEASE
Jul 26, 2023
lessor Bright Future Realty LLC
lessee Big Apple Institute, Inc.
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 5, 2019
mortgager/borrower Santander Bank, N.A.
mortgagee/lender Bright Future Realty LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Feb 5, 2019
party one Santander Bank, N.A.
party two Bright Future Realty LLC
View on ACRIS ↗Show all 22
TERMINATION OF ASSIGN OF L&R
Feb 5, 2019
party one Santander Bank, N.A.
party two Bright Future Realty LLC
View on ACRIS ↗
AGREEMENT
$4,300,000
Jun 28, 2017
party 1 2937 86th Street, LLC; Bright Future Realty, LLC
party 2 Sussex Bank
View on ACRIS ↗
MORTGAGE
$3,738,056
Jun 28, 2017
mortgagor/borrower 2937 86th Street, LLC; Bright Future Realty, LLC
mortgagee/lender Sussex Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$4,300,000
Jun 28, 2017
assignor 2937 86th Street, LLC; Bright Future Realty, LLC
assignee Sussex Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 28, 2017
party one Santander Bank, N.A.
party two Becec, Inc
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Dec 15, 2014
mortgager/borrower Bright Future Realty LLC
mortgagee/lender F/K/A Sovereign Bank, N.A.; Santander Bank, N.A.
View on ACRIS ↗
MORTGAGE
$1,262,967
Jul 5, 2006
mortgagor/borrower Bright Future Realty LLC
mortgagee/lender Independence Community Bank
View on ACRIS ↗
AGREEMENT
$3,250,000
Jul 5, 2006
party 1 Independence Community Bank
party 2 Bright Future Realty LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$3,250,000
Jul 5, 2006
assignor Independence Community Bank
assignee Bright Future Realty LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$2,250,000
Apr 19, 2004
assignor Si Bank & Trust F/K/A Staten Island Savings Bank
assignee Bright Future Realty LLC
View on ACRIS ↗
AGREEMENT
$2,250,000
Apr 19, 2004
party 1 Si Bank & Trust F/K/A Staten Island Savings Bank
party 2 Bright Future Realty LLC
View on ACRIS ↗
MORTGAGE
$2,250,000
Feb 15, 2002
mortgagor/borrower Bright Future Realtyllc; Gorny, Lilia +3
mortgagee/lender Si Bank & Trust
View on ACRIS ↗
DEED
Apr 9, 2001
grantor/seller Ocean Properties Corp
grantee/buyer Bright Future Realtyllc
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Sep 9, 1999
mortgager/borrower Gemma, Frank; Maiorana, Trisha
mortgagee/lender Capone, Frances; Capone, Joseph Jr +2
View on ACRIS ↗
DEED
Mar 24, 1999
grantor/seller Gemma, Frankie; Maiorana, Trisha
grantee/buyer Ocean Properties Corporation
View on ACRIS ↗
DEED
Jan 24, 1996
grantor/seller Capone, Frances
grantee/buyer Gemma, Frankie; Maiorana, Trisha
View on ACRIS ↗
MORTGAGE
$110,000
Jan 24, 1996
mortgagor/borrower Gemma, Frankie; Maiorana, Trisha
mortgagee/lender Capone, Frances; Capone, Jr Joseph +2
View on ACRIS ↗
DEED
Apr 18, 1973
grantor/seller Vanglahn Dorothy; Vanglahn George
grantee/buyer Capone Frances; Capone Joseph
View on ACRIS ↗DOB violations — total 13 · open 2 · dismissed 5
Gas Piping - LL152
Active
Jan 31, 2025
BIS ↗Elevators
Active
Oct 23, 2023
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Dec 26, 2014
BIS ↗Show all 13
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
Dismissed
Oct 1, 2012
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2011 INSPECTION/TEST
BIS ↗ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
Dismissed
Aug 15, 2012
VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2010 CAT 1 INSP/TST
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Jan 18, 2012
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Nov 19, 2010
BIS ↗VCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
Dismissed
Oct 8, 2010
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
May 6, 2009
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Jan 1, 2009
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Dec 27, 2006
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Aug 23, 2005
BIS ↗LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL
Dismissed
Apr 21, 2004
BIS ↗DOB complaints — total 9 · open 0 · closed 9
Elevator – dangerous condition/shaft open/unguarded
Closed
Oct 26, 2017
Complaint 3625127
View on BIS ↗Show all 9
Certificate of occupancy – none/illegal/contrary
Closed
May 16, 2001
Complaint 3089352
View on BIS ↗No HPD violations on file.
Deed & identifiers
SBL3071700053
SWIS610100
Parcel ID6101003071700053
Who owns 503 Lake Street?
503 Lake Street, Brooklyn is owned by Bright Future Realty LLC per the 2025 NYS assessment roll.
Nearby on Lake 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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