NY Property Records
394 Maspeth Avenue
394 Maspeth Avenue
Brooklyn · Kings County · 11211
07 · Transport & UtilityLast sold Feb 2021 · click to view deed ↗
Owner of record
OwnerNewtown Development LLC
Assessment · 2025 roll
Land assessed$2,119,500
Total assessed$7,095,600
Est. annual tax$642,449 (2027, excl. special districts)
Building
StyleMiscellaneous
Year built1965
Lot
Size4.13 acres (GIS)
Frontage × depth366 × 410 ft
Lot sq ft187,500
Zoning
DistrictM3-1
FAR0.08 built · 2.0 max commercial
Zoning map13a
Recorded documents · 29
CORRECTION MORTGAGE
$45,277,065
Jan 24, 2022
mortgagor/borrower Newtown Development, LLC
mortgagee/lender Brighthouse Life Insurance Company
View on ACRIS ↗
AGREEMENT
$70,000,000
Jan 24, 2022
party 1 Newtown Development, LLC
party 2 Brighthouse Life Insurance Company
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$70,000,000
Jan 24, 2022
assignor Newtown Development, LLC
assignee Brighthouse Life Insurance Company
View on ACRIS ↗Show all 29
TERMINATION OF ASSIGN OF L&R
Dec 15, 2021
party one Valley National Bank
party two Malu Properties, Inc; Newtown Development LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 15, 2021
assignor/old lender Valley National Bank
assignee/new lender Brighthouse Life Insurance Company, Isaoa
View on ACRIS ↗
MORTGAGE
$45,277,065
Dec 15, 2021
mortgagor/borrower Newtown Development, LLC
mortgagee/lender Brighthouse Life Insurance Company, Isaoa
View on ACRIS ↗
AGREEMENT
$70,000,000
Dec 15, 2021
party 1 Newtown Development, LLC
party 2 Brighthouse Life Insurance Company, Isaoa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$70,000,000
Dec 15, 2021
assignor Newtown Development, LLC
assignee Brighthouse Life Insurance Company, Isaoa
View on ACRIS ↗
DEED
Mar 11, 2021
grantor/seller Malu Properties, Inc.
grantee/buyer Newtown Development LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$25,000,000
Mar 4, 2019
assignor Malu Properties,Inc; Newton Development LLC
assignee Valley National Bank
View on ACRIS ↗
AGREEMENT
$25,000,000
Mar 4, 2019
party 1 Malu Properties,Inc; Newton Development LLC
party 2 Valley National Bank
View on ACRIS ↗
MORTGAGE
$12,292,010
Mar 4, 2019
mortgagor/borrower Malu Properties,Inc; Newton Development LLC
mortgagee/lender Valley National Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Mar 4, 2019
party one Tristate Capital Bank
party two Largavista Qp 41st,LLC; Malu Properties,Inc +1
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Mar 4, 2019
mortgager/borrower Largavista Qp 41st,LLC; Malu Properties,Inc +1
mortgagee/lender Tristate Capital Bank
View on ACRIS ↗
ZONING LOT DESCRIPTION
Jul 27, 2017
party one Malu Properties Inc.; Newtown Development, LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$13,250,000
Mar 24, 2017
assignor Largavista 41st Holdings, LLC; Malu Properties, Inc. +1
assignee Tristate Capital Bank
View on ACRIS ↗
COLLATERAL MORTGAGE
$13,250,000
Mar 24, 2017
mortgagor Largavista 41st Holdings, LLC; Malu Properties, Inc. +1
mortgagee Tristate Capital Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Mar 24, 2017
party one Malu Properties, Inc.
party two Atlantic Bank Of New York; New York Commercial Bank
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Mar 24, 2017
mortgager/borrower Malu Properties, Inc.
mortgagee/lender Atlantic Bank Of New York; New York Commercial Bank
View on ACRIS ↗
DEED
Jul 22, 1998
grantor/seller Terminyx Corporation
grantee/buyer Malu Properties Inc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 22, 1998
assignor/old lender Malu Properties Inc
assignee/new lender Atlantic Bank Of Newyork
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
May 17, 1995
assignor/old lender Terminyx Corporation
assignee/new lender Atlantic Bank Of Newyork
View on ACRIS ↗
MORTGAGE
$260,715
Apr 27, 1989
mortgagor/borrower Terminyx Corporation
mortgagee/lender Atlantic Bank Of Ny
View on ACRIS ↗
MORTGAGE
$2,250,000
Apr 12, 1985
mortgagor/borrower Terminyx Corporation
mortgagee/lender Atlantic Bank/New York
View on ACRIS ↗DOB violations — total 10 · open 10 · dismissed 0
Boiler
Active
Sep 23, 2024
VIOLATION ISSUED-FAILURE TO FILE 2023 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗Boiler
Active
Jun 30, 2023
VIOLATION ISSUED-FAILURE TO FILE 2021 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗Boiler
Active
Jun 20, 2023
VIOLATION ISSUED-FAILURE TO FILE 2018 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗Show all 10
Boiler
Active
Jun 20, 2023
VIOLATION ISSUED-FAILURE TO FILE 2019 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗Boiler
Active
Feb 7, 2000
BIS ↗Boiler
Active
May 4, 1998
BIS ↗Boiler
Active
Sep 16, 1997
BIS ↗Boiler
Active
Sep 16, 1997
BIS ↗Boiler
Active
Feb 10, 1997
BIS ↗Boiler
Active
Feb 10, 1997
BIS ↗DOB complaints — total 4 · open 0 · closed 4
Show all 4
No HPD violations on file.
Deed & identifiers
SBL3029280001
SWIS610100
Parcel ID6101003029280001
Who owns 394 Maspeth Avenue?
394 Maspeth Avenue, Brooklyn is owned by Newtown Development LLC per the 2025 NYS assessment roll.
Nearby on Maspeth 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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